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Expired

181-187 Chestnut St Springfield. MA 01103

$999,000

Commercial Sale

0 Bedrooms

0 Bathrooms

0 sq ft

8 Parking Spots

Built in 1900

OWNER is calling for all Offers by Tuesday Oct 11 at 5. GROUP Showing Oct 11 at NOON Once in a life-time investment opportunity! Own this amazing 11 Unit mixed-use commercial & residential building in the heart of Downtown Springfield, MA close to MGM Casino and 3 blocks from Union StationTransportation Center, the busiest Amtrak station in the State of Massachusetts outside of Boston and target location for the new high speed rail between Springfield & Boston. The brick building has recently been completely renovated and is a showpiece property in the City. Three story high, brick building with 3 fully rented store fronts and 8 (1) bedroom apartments with hardwood flooring. The building is fully sprinklered. All of the utilities are separate. The common areas have a mixture of wood, brick and beautiful lighting. The apartments are in great condition with open floor plan, high ceilings, oversized windows bringing in lots of natural light.Income and Expense Sheet is attached

This listing has been viewed 5 times in the past 207 days

Last Updated: May 7th, 2024 at 12:22am

General Information for 181-187 Chestnut St, Springfield, Massachusetts 01103

Property TypeCommercial Sale

Price$999,000

MLS #73042440

List Date2022-09-29

Special Listing Conditions

StateMassachusetts

Street NameChestnut St

Unit

CitySpringfield

Zip Code01103

CountyHampden

MLS Status

AssociationNo

Heat Zones

Sold Date

Building Area Total

Building Area Units0

Close Date

Close Price$0

Listing Service

UnparsedAddress181-187 Chestnut St, Springfield MA 01103

Zoning

Zoning DescriptionLegal Conforming

Business Type

Interior Features for 181-187 Chestnut St, Springfield, Massachusetts 01103

* Approx. Living Area Total0 sq ft

MLS Area (Major)

OffMarketDate12/01/2023

Exterior Features for 181-187 Chestnut St, Springfield, Massachusetts 01103

* Parking Spaces8

* Year Built1900

Year Built Details

Year Built Source

Construction Materials

Approx. Street Frontage

Utilities

Disclosures for 181-187 Chestnut St, Springfield, Massachusetts 01103

Buyer Agent Compensation2.5%

Contingency

Financing

Disclosures

Documents Available

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSURE

Lead PaintUnknown

Facilitator Compensation0

TransactionBrokerCompensationType

BuyerAgencyCompensationType%

Financial Information for 181-187 Chestnut St, Springfield, Massachusetts 01103

Association Fee$0

Association Fee Frequency

Associaton Fee Includes

AssociationNo

Assessed Value

Real Estate Tax$0

Tax Year

Existing Lease Type

OriginalListPrice$999,000

Lifestyle Information for 181-187 Chestnut St, Springfield, Massachusetts 01103

Association Amenities

Frontage Type

GarageYNNo

Location information for 181-187 Chestnut St, Springfield, Massachusetts 01103

Marketing History for 181-187 Chestnut St, Springfield, Massachusetts 01103

MLSPIN_MARKET_TIME_BROKER

MLSPIN_MARKET_TIME_PROPERTY

PurchaseContractDate

Agent Information for 181-187 Chestnut St, Springfield, Massachusetts 01103

Agent MLS IDM8000971

Office MLS IDAN7274

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Exclusive Listing Agent

Anthony Ardolino

Berkshire Hathaway HomeServices Realty Professionals

Agent Phone

(413) 241-4775

Office Phone

(413) 596-6711

Text Agent Call Agent Call Office

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            [field_id] => 3094
            [type] => price
            [name] => SOLD_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3095] => Array
        (
            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 181
        )

[field_3096] => Array
        (
            [field_id] => 3096
            [type] => text
            [name] => SELLING_BROKER_COMP
            [value] => 2.5%
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 0
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 91855
            [unit_id] => 260
            [value] => $91,855
            [price_only] => $91,855
        )

[field_3164] => Array
        (
            [field_id] => 3164
            [type] => boolean
            [name] => AvailableNow
            [value] => No
        )

[field_3168] => Array
        (
            [field_id] => 3168
            [type] => price
            [name] => SEC_DEPOSIT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3171] => Array
        (
            [field_id] => 3171
            [type] => text
            [name] => Office Phone
            [value] => 413-596-6711
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 413-241-4775
        )

[field_3178] => Array
        (
            [field_id] => 3178
            [type] => boolean
            [name] => AdditionalParcelsYN
            [value] => No
        )

[field_3184] => Array
        (
            [field_id] => 3184
            [type] => select
            [name] => BuildingAreaUnits
            [value] => Square Feet
        )

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 2.5%
        )

[field_3186] => Array
        (
            [field_id] => 3186
            [type] => select
            [name] => BuyerAgencyCompensationType
            [value] => %
        )

[field_3189] => Array
        (
            [field_id] => 3189
            [type] => price
            [name] => ConcessionsAmount
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3192] => Array
        (
            [field_id] => 3192
            [type] => number
            [name] => ParkingTotal
            [value] => 8
        )

[field_3200] => Array
        (
            [field_id] => 3200
            [type] => price
            [name] => ElectricExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3205] => Array
        (
            [field_id] => 3205
            [type] => date
            [name] => ExpirationDate
            [value] => 01/01/1900
        )

[field_3206] => Array
        (
            [field_id] => 3206
            [type] => select
            [name] => FarmLandAreaUnits
            [value] => Square Feet
        )

[field_3216] => Array
        (
            [field_id] => 3216
            [type] => price
            [name] => GrossIncome
            [raw] => 118740
            [unit_id] => 260
            [value] => $118,740
            [price_only] => $118,740
        )

[field_3220] => Array
        (
            [field_id] => 3220
            [type] => price
            [name] => InsuranceExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3222] => Array
        (
            [field_id] => 3222
            [type] => text
            [name] => ListingAgreement
            [value] => Exclusive Right To Sell
        )

[field_3223] => Array
        (
            [field_id] => 3223
            [type] => date
            [name] => ListingContractDate
            [value] => 29/09/2022
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 5,249 Sqft
            [raw] => 5249
            [unit_id] => 1
        )

[field_3229] => Array
        (
            [field_id] => 3229
            [type] => date
            [name] => OffMarketDate
            [value] => 12/01/2023
        )

[field_3230] => Array
        (
            [field_id] => 3230
            [type] => price
            [name] => OperatingExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3231] => Array
        (
            [field_id] => 3231
            [type] => price
            [name] => OriginalListPrice
            [raw] => 999000
            [unit_id] => 260
            [value] => $999,000
            [price_only] => $999,000
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 181-187 Chestnut St, Springfield MA 01103
        )

[field_3241] => Array
        (
            [field_id] => 3241
            [type] => price
            [name] => WaterSewerExpense
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3246] => Array
        (
            [field_id] => 3246
            [type] => text
            [name] => ZoningDescription
            [value] => Legal Conforming
        )

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 29/09/2022 13:01:00
        )

[field_3265] => Array
        (
            [field_id] => 3265
            [type] => price
            [name] => MLSPIN_GRE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3266] => Array
        (
            [field_id] => 3266
            [type] => price
            [name] => MLSPIN_HTE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3281] => Array
        (
            [field_id] => 3281
            [type] => price
            [name] => MLSPIN_MGF
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3282] => Array
        (
            [field_id] => 3282
            [type] => price
            [name] => MLSPIN_MSE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3285] => Array
        (
            [field_id] => 3285
            [type] => price
            [name] => MLSPIN_OPTIONAL_FEE
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3290] => Array
        (
            [field_id] => 3290
            [type] => price
            [name] => MLSPIN_PRICE_PER_SQFT
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3292] => Array
        (
            [field_id] => 3292
            [type] => price
            [name] => MLSPIN_RFS
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3293] => Array
        (
            [field_id] => 3293
            [type] => price
            [name] => MLSPIN_RME
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[field_3301] => Array
        (
            [field_id] => 3301
            [type] => select
            [name] => RoomMasterBathroomFeatures
            [value] => Yes
        )

[field_3306] => Array
        (
            [field_id] => 3306
            [type] => price
            [name] => GrossScheduledIncome
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

)

EXIT

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