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752 Sumner Ave 9,268 SF 100% Leased Retail Building Springfield, MA 01108 $1,360,320 CAD ($146.78 CAD/SF) 7.83% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Occupied
  • 7.83 Cap Rate
  • Stable Leases

EXECUTIVE SUMMARY

5 - Unit Retail + Vacant upstairs
Fully leased - 7.83% Cap Rate
Renovated and updated in 2024

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $149,844 $16.17
Other Income - -
Vacancy Loss - -
Effective Gross Income $149,844 $16.17
Taxes $18,138 $1.96
Operating Expenses $25,114 $2.71
Total Expenses $43,251 $4.67
Net Operating Income $106,593 $11.50

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $149,844
Annual Per SF $16.17
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $149,844
Annual Per SF $16.17
Taxes (CAD)
Annual $18,138
Annual Per SF $1.96
Operating Expenses (CAD)
Annual $25,114
Annual Per SF $2.71
Total Expenses (CAD)
Annual $43,251
Annual Per SF $4.67
Net Operating Income (CAD)
Annual $106,593
Annual Per SF $11.50

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,268 SF
Building Class
C
Year Built
1920
Price
$1,360,320 CAD
Price Per SF
$146.78 CAD
Cap Rate
7.83%
NOI
$106,513 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.63 AC
Zoning
B1
Frontage
78’ on Sumner Ave

AMENITIES

  • Bus Line

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • A1 Antiques
  • Retailer
  • -
  • -
  • -
  • Armata Security
  • -
  • -
  • -
  • -
  • Brim & Crown Shop
  • Retailer
  • -
  • -
  • -
  • Information
  • -
  • -
  • -

Cricket Wireless operates as a prepaid wireless service provider and is a subsidiary of AT&T Inc. Founded in 1999, Cricket offers nationwide coverage and affordable no-contract plans. The Ottumwa store, located on Venture Drive, provides wireless services, smartphones, and accessories, serving customers in Wapello County and surrounding areas. This location is an authorized retailer and part of Cricket’s extensive retail network across the United States. Cricket Wireless trades under AT&T’s ticker symbol T on the NYSE. The Ottumwa store typically occupies approximately 1,200 square feet within a retail strip and employs a small team focused on sales and customer service.

  • Garden Of Eat'n
  • Accommodation and Food Services
  • -
  • -
  • -
  • Rose Nails
  • Services
  • -
  • -
  • -
  • Shaolin Kung Fu Center
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
A1 Antiques Retailer - - -
Armata Security - - - -
Brim & Crown Shop Retailer - - -
Information - - -
Garden Of Eat'n Accommodation and Food Services - - -
Rose Nails Services - - -
Shaolin Kung Fu Center Arts, Entertainment, and Recreation - - -
Walk Score®
Very Walkable (87)
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.®

NEARBY MAJOR RETAILERS

Santander
Bank of America
Rent-A-Center
Citizens Bank
TD Bank
Friendly's Ice Cream Shop

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-011280-000000-000136
Land Assessment
$243,524 CAD (2025)
Improvements Assessment
$1,355,670 CAD (2025)
Total Assessment
$1,599,194 CAD (2025)
Annual Taxes
$18,138 CAD ($1.96 CAD/SF)
Tax Year
2024
  • Listing ID: 37461334

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 752 Sumner Ave, Springfield, MA 01108

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