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Hadley Fall Trust Building 56-58 Suffolk St 42,000 SF 92% Leased Office Building Holyoke, MA 01040 $3,489,800 CAD ($83.09 CAD/SF)

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EXECUTIVE SUMMARY

54-56 Suffolk
Two adjacent buildings having 42000 s f in total. 54 Suffolk is one story building rented to one tenant.
56 Suffolk is 7 story concrete building, 5500 sf per floor.. built in 1930 for Hadley Fall Trust Company. Over the years ground floor was occupied by different banking institutions with the latest Bank of America..
Parking for 40 + cars.
New rubber roof 2022. New heating system.
The building is presently vacant and an ideal candidate for residential conversion.
Motivated seller. All offers will be considered.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Office/Residential
Building Size
42,000 SF
Building Class
C
Year Built/Renovated
1930/2023
Price
$3,489,800 CAD
Price Per SF
$83.09 CAD
Percent Leased
92%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
5,429 SF
Building FAR
1.40
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
BC - Office, Residential
Parking
40 Spaces (1.05 Spaces per 1,000 SF Leased)

AMENITIES

  • Banking
  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor
  • 3,000 SF
  • Office
  • Partial Build-Out
  • Now

Separate one story building with the basement and backyard.. Great for the association .daycare, school, retail or any prof. organization.

  • 5th Floor
  • 400 SF
  • Office
  • -
  • Now

2 rooms office suite, consisting of office and reception. Bright, freshly redecorated. Could be combined with adjacent spaces.

Space Size Space Use Condition Available
2nd Floor 3,000 SF Office Partial Build-Out Now
5th Floor 400 SF Office - Now

2nd Floor

Size
3,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Floor

Size
400 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size 3,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

Separate one story building with the basement and backyard.. Great for the association .daycare, school, retail or any prof. organization.

5th Floor

Size 400 SF
Space Use Office
Condition -
Available Now

2 rooms office suite, consisting of office and reception. Bright, freshly redecorated. Could be combined with adjacent spaces.

Walk Score®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • HOLY-000011-000006-000017
  • 011-06-015
  • HOLY-000011-000006-000019
  • HOLY-000011-000006-000018
  • HOLY-000011-000006-000016
Land Assessment
$160,108 CAD (2025)
Improvements Assessment
$1,251,661 CAD (2025)
Total Assessment
$1,411,769 CAD (2025)
  • Listing ID: 33841176

  • Date on Market: 2023-12-16

  • Last Updated:

  • Address: 56-58 Suffolk St, Holyoke, MA 01040

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