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Faits saillants de l'investissement
- • Approximately 14.12-acre site, strategically located on the edge of Longmeadow adjacent to Forest Park.
- • Existing 61,509 SF building includes banquet facilities, classrooms, commercial kitchen, and administrative offices.
- • Proximity to major hospitals, financial institutions, and higher education campuses fueling housing demand.
- • Zoning supports multifamily development with entitlement opportunities for large-scale residential projects.
- • Immediate access to I-91 and I-291, offering direct routes to Hartford, Boston, and the Pioneer Valley region.
- • Potential state and federal tax credits for mixed-income housing may enhance project economics.
Résumé de l'annonce
Temple Beth El offers a rare opportunity for developers to acquire approximately 14.12 acres of prime land in Springfield, Massachusetts, including a substantial 61,509 SF institutional facility. The property consists of two main parcels, with the majority of land zoned for multifamily residential use, and is located adjacent to Forest Park—one of New England’s largest urban parks. This site is well-positioned for large-scale residential development and benefits from Springfield’s designation as a Massachusetts Housing Choice Community, offering potential for favorable permitting and incentives.
The existing building includes classrooms, offices, meeting rooms, and a grand sanctuary with the potential for adaptive reuse. Temple Beth El is receptive to proposals that maintain essential worship facilities while creatively integrating residential or mixed-use elements, making this project ideal for developers seeking to combine community-oriented design with substantial housing solutions. Excellent connectivity via I-91 and I-291 provides quick access to Hartford, Boston, and regional hubs, while proximity to major employers, healthcare systems, and universities ensures a strong renter demand. This offering represents an exceptional opportunity to leverage a stabilized neighborhood location for much-needed housing development in western Massachusetts.
The existing building includes classrooms, offices, meeting rooms, and a grand sanctuary with the potential for adaptive reuse. Temple Beth El is receptive to proposals that maintain essential worship facilities while creatively integrating residential or mixed-use elements, making this project ideal for developers seeking to combine community-oriented design with substantial housing solutions. Excellent connectivity via I-91 and I-291 provides quick access to Hartford, Boston, and regional hubs, while proximity to major employers, healthcare systems, and universities ensures a strong renter demand. This offering represents an exceptional opportunity to leverage a stabilized neighborhood location for much-needed housing development in western Massachusetts.
Faits sur la propriété
| Type de vente | Investissement ou propriétaire utilisateur | Taille du lot | 10,50 AC |
| Condition de vente | Cession-bail | Taille du bâtiment | 62 548 pi² |
| Type de propriété | Spécialité | Nombre d’étages | 2 |
| Sous-type de propriété | École | Année de construction | 1952 |
| Classe d’immeuble | C | ||
| Zonage | R1 | ||
| Type de vente | Investissement ou propriétaire utilisateur |
| Condition de vente | Cession-bail |
| Type de propriété | Spécialité |
| Sous-type de propriété | École |
| Classe d’immeuble | C |
| Taille du lot | 10,50 AC |
| Taille du bâtiment | 62 548 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1952 |
| Zonage | R1 |
1 1
Assez praticable à pied
40/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun limités
20/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | SPRI-003910-000000-000362 | Évaluation des bâtiments | 23 366 293 $ CAD |
| Évaluation du terrain | 2 530 128 $ CAD | Évaluation totale | 25 896 422 $ CAD |
Impôts fonciers
Numéro de lot
SPRI-003910-000000-000362
Évaluation du terrain
2 530 128 $ CAD
Évaluation des bâtiments
23 366 293 $ CAD
Évaluation totale
25 896 422 $ CAD
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