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425 Union St
West Springfield, MA 01089
Office Center · Office Property For Sale
Investment Highlights
- Close Proximity to Major Highways
- Excellent Occupancy
Executive Summary
Excellent Opportunity to acquire a multi-tenant office building in the heart of West Springfield. Conveniently located in close proximity to major highways I-90, I-91, I-291, I-391. NDA required for financials.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
41,177 SF
Building Class
B
Year Built/Renovated
1910/2004
Price
$3,202,909 CAD
Price Per SF
$77.78 CAD
Cap Rate
9.22%
NOI
$295,352 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
10,250 SF
Building FAR
1.15
Lot Size
0.82 AC
Opportunity Zone
Yes
Zoning
RC
Parking
60 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Property Manager on Site
Property Taxes
| Parcel Number | WSPR-000189-012000-000024 | Improvements Assessment | $3,218,174 CAD |
| Land Assessment | $147,879 CAD | Total Assessment | $3,366,053 CAD |
Property Taxes
Parcel Number
WSPR-000189-012000-000024
Land Assessment
$147,879 CAD
Improvements Assessment
$3,218,174 CAD
Total Assessment
$3,366,053 CAD
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