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178 New Bridge Street 178 New Bridge St 14,380 SF 90% Leased Industrial Building West Springfield, MA 01089 $1,330,300 CAD ($92.51 CAD/SF) 7.18% Cap Rate
Executive Summary
~9,400 SF industrial space
~1,250 SF office space
Projected Cap: 7.2%
0.4-acre lot
16-foot clear height - Industrial
9-foot clear height office
~1,250 SF office space
Projected Cap: 7.2%
0.4-acre lot
16-foot clear height - Industrial
9-foot clear height office
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$145,591
|
$10.12
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$145,591
|
$10.12
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,897
|
$3.47
|
| Net Operating Income |
$95,694
|
$6.65
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $145,591 |
| Annual Per SF | $10.12 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $145,591 |
| Annual Per SF | $10.12 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $49,897 |
| Annual Per SF | $3.47 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $95,694 |
| Annual Per SF | $6.65 |
Property Facts
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Newly renovated office space available for lease. Comes with two bathrooms and kitchenette. Open area office with some private offices.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,500 SF | Office | Shell Space | Now |
1st Floor
| Size |
| 1,500 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Floor
| Size | 1,500 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Newly renovated office space available for lease. Comes with two bathrooms and kitchenette. Open area office with some private offices.
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Number | WSPR-000389-005750-000015A | Improvements Assessment | $987,607 CAD |
| Land Assessment | $114,794 CAD | Total Assessment | $1,102,401 CAD |
Property Taxes
Parcel Number
WSPR-000389-005750-000015A
Land Assessment
$114,794 CAD
Improvements Assessment
$987,607 CAD
Total Assessment
$1,102,401 CAD
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178 New Bridge Street | 178 New Bridge St
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