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52 Gladdu Avenue 52 Gladdu Ave 4,320 SF 100% Leased Retail Building Chicopee, MA 01020 $969,299 CAD ($224.37 CAD/SF)
EXECUTIVE SUMMARY
Excellent Commercial Investment Opportunity! This versatile property offers ample on-site parking and features two spacious commercial units, each measuring 2,160 square feet. The upper level features a bright, open floor plan currently leased to a successful tattoo studio, providing immediate rental income. The lower level was undergoing a transformation, with renovations underway to convert the space into a bar or restaurant. Key infrastructure is already in place, including a commercial hood, select fire suppression components, and rough mechanicals. The space will be delivered unfinished, giving the new owner the flexibility to customize and complete the project to suit their vision. Additional highlights include an ELEVATOR providing convenient access from the lower level to the main parking area. This is a rare chance to invest in a property with strong income potential and room for value-add improvements.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,320 SF
Building Class
C
Year Built
1932
Price
$969,299 CAD
Price Per SF
$224.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.43 AC
Zoning
107
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | CHIC-000742-000000-000028 | Improvements Assessment | $157,012 CAD |
| Land Assessment | $210,932 CAD | Total Assessment | $367,943 CAD |
PROPERTY TAXES
Parcel Number
CHIC-000742-000000-000028
Land Assessment
$210,932 CAD
Improvements Assessment
$157,012 CAD
Total Assessment
$367,943 CAD
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52 Gladdu Avenue | 52 Gladdu Ave
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