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EXECUTIVE SUMMARY
Exceptional commercial opportunity at 185 WEST AVE. LUDLOW, MA. 01056! This approximately 12,800 sq. ft. medical/professional office building spans three elevator-served floors, with an additional 4,700± sq. ft. lower level framed and ready for expansion or income producing use. The property is in excellent condition with vinyl siding, a newer flat roof (billboard/advertising potential), and a large, paved lot offering 55+ parking spaces. Ideally situated just off I-90/Mass Pike, the property offers outstanding highway access, only 15 minutes to Springfield, 45 minutes to Worcester, and 1 hour 20 minutes to Boston, with convenient routes into Connecticut as well. Currently used for medical offices, the versatile layout is well suited for healthcare, professional services, wellness, education, or multi-tenant occupancy. A rare chance to own a turnkey, high visibility property with strong expansion and income potential in a prime Western Massachusetts location.
Investment Opportunity: Medical Office Building at 185 West Avenue, Ludlow in Western Massachusetts.
Attention Local & Out-of-Town Investors:
Presenting a rare opportunity to acquire the entire 185 West Avenue Commercial Condominium Association – a professional office park.
This three-story building comprises 12 individually owned office condo suites, currently un-occupied perfect for a strong mix of medical and mental health professionals, including:
Physicians
Psychiatrists & Therapists
Sports Rehabilitation Specialists
Laboratory Testing Facility
Investment Highlights:
Total Building Size: 12,855 sq ft of leasable space
Year Built: 1988
Onsite Amenities: Ample parking & elevator access to all upper floors
Turn-Key Investment: Future tenant base with stable cash flow
This is a unique, turn-key investment offering solid returns and a prime potential tenant mix.
Whether you're expanding your commercial portfolio or seeking a reliable income property,
185 West Avenue is a smart choice.
Investment Opportunity: Medical Office Building at 185 West Avenue, Ludlow in Western Massachusetts.
Attention Local & Out-of-Town Investors:
Presenting a rare opportunity to acquire the entire 185 West Avenue Commercial Condominium Association – a professional office park.
This three-story building comprises 12 individually owned office condo suites, currently un-occupied perfect for a strong mix of medical and mental health professionals, including:
Physicians
Psychiatrists & Therapists
Sports Rehabilitation Specialists
Laboratory Testing Facility
Investment Highlights:
Total Building Size: 12,855 sq ft of leasable space
Year Built: 1988
Onsite Amenities: Ample parking & elevator access to all upper floors
Turn-Key Investment: Future tenant base with stable cash flow
This is a unique, turn-key investment offering solid returns and a prime potential tenant mix.
Whether you're expanding your commercial portfolio or seeking a reliable income property,
185 West Avenue is a smart choice.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
12,855 SF
Building Class
B
Year Built
1988
Price
$1,884,492 CAD
Price Per SF
$146.60 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,285 SF
Building FAR
0.42
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
55 Spaces (4.28 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Security System
- Wi-Fi
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 185 Development Corporation
- -
- -
- -
- -
- -
- Appleton Healthcare Franchising Pro, Inc.
- Health Care and Social Assistance
- -
- -
- -
- -
- Dawn Mackinon Esq
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Excel Home Care Service
- Health Care and Social Assistance
- -
- -
- -
- -
- Lovejoy Curtis LLC
- Health Care and Social Assistance
- -
- $20.94 CAD
- Triple Net
- Feb 2021
- Park Ave Healthcare Mgmt, LLC
- -
- -
- -
- -
- Sep 2016
- Psych Care Associates
- Health Care and Social Assistance
- -
- -
- -
- -
- Timely Condo Association
- Real Estate
- -
- -
- -
- -
- Vantage Sports Rehab-Ludlow
- Health Care and Social Assistance
- -
- -
- -
- -
- Western Ma Family Service
- Health Care and Social Assistance
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 185 Development Corporation | - | - | - | - | - | |
| Appleton Healthcare Franchising Pro, Inc. | Health Care and Social Assistance | - | - | - | - | |
| Dawn Mackinon Esq | Professional, Scientific, and Technical Services | - | - | - | - | |
| Excel Home Care Service | Health Care and Social Assistance | - | - | - | - | |
| Lovejoy Curtis LLC | Health Care and Social Assistance | - | $20.94 CAD | Triple Net | Feb 2021 | |
| Park Ave Healthcare Mgmt, LLC | - | - | - | - | Sep 2016 | |
| Psych Care Associates | Health Care and Social Assistance | - | - | - | - | |
| Timely Condo Association | Real Estate | - | - | - | - | |
| Vantage Sports Rehab-Ludlow | Health Care and Social Assistance | - | - | - | - | |
| Western Ma Family Service | Health Care and Social Assistance | - | - | - | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,540,878 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,540,878 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$1,540,878 CAD
Total Assessment
$1,540,878 CAD
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185 West Ave
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