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Active

40-42 Lyman St Holyoke. MA 01040

$1,200,000

Commercial Sale

0 Bedrooms

0 Bathrooms

7,000 sq ft

9 Parking Spots

Built in 1940

Great opportunity to purchase a fully renovated building with its own secure parking lot. Currently used as a cannabis dispensary, this 7,000 sft commercial structure can be subdivided by new owner to accommodate multiple tenants depending on the desired and approved use of the commercial space. Ideal for entertainment / retail / beauty services / distribution business owner users, parts of the building can be rented out to other commercial tenants to offset operating and carrying costs. Close proximity to large number of apartments and houses should help the right business environment succeed with involvement of local employees and customers. Schedule your showing in advance for a full tour of the property, virtual tours are available as well.

This listing has been viewed 24 times in the past 2 days

Last Updated: January 20th, 2025 at 6:53am

General Information for 40-42 Lyman St, Holyoke, Massachusetts 01040

Property TypeCommercial Sale

Price$1,200,000

MLS #73327462

List Date2025-01-19

Special Listing Conditions

StateMassachusetts

Street NameLyman St

Unit

CityHolyoke

Zip Code01040

CountyHampden

MLS Status

AssociationNo

Heat Zones

Sold Date

Building Area Total7000

Building Area Units0

Close Date

Close Price$0

Listing Service

UnparsedAddress40-42 Lyman St, Holyoke MA 01040

Zoning

Zoning DescriptionLegal Conforming

Business TypeCommercial

Interior Features for 40-42 Lyman St, Holyoke, Massachusetts 01040

* Approx. Living Area Total7,000 sq ft

MLS Area (Major)

OffMarketDate

Exterior Features for 40-42 Lyman St, Holyoke, Massachusetts 01040

* Parking Spaces9

* Year Built1940

Year Built Details

Year Built Source

Construction Materials

Approx. Street Frontage

Utilities

Disclosures for 40-42 Lyman St, Holyoke, Massachusetts 01040

Buyer Agent Compensation1.5

Contingency

Financing

Disclosures

Documents Available

MLSPIN_COMP_BASED_ON

MLSPIN_COOP_COMP

MLSPIN_DISCLOSURE

Lead PaintUnknown

Facilitator Compensation1

TransactionBrokerCompensationType%

BuyerAgencyCompensationType%

Financial Information for 40-42 Lyman St, Holyoke, Massachusetts 01040

Association Fee$0

Association Fee Frequency

Associaton Fee Includes

AssociationNo

Assessed Value

Real Estate Tax$0

Tax Year

Existing Lease TypeNet,NNN,Gross

OriginalListPrice$1,200,000

Lifestyle Information for 40-42 Lyman St, Holyoke, Massachusetts 01040

Association Amenities

Frontage Type

GarageYNNo

Location information for 40-42 Lyman St, Holyoke, Massachusetts 01040

Marketing History for 40-42 Lyman St, Holyoke, Massachusetts 01040

MLSPIN_MARKET_TIME_BROKER

MLSPIN_MARKET_TIME_PROPERTY

PurchaseContractDate

Agent Information for 40-42 Lyman St, Holyoke, Massachusetts 01040

Agent MLS IDBB800662

Office MLS IDAC2228

Buyer Agent MLS ID

Buyer Office MLS ID

Team Members

Exclusive Listing Agent

Mark Belenkii

CRG Commercial

Agent Phone

(617) 590-7707

Office Phone

(617) 393-4200

Text Agent Call Agent Call Office

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            [field_id] => 3095
            [type] => number
            [name] => STREET_NUM
            [value] => 40
        )

[field_3098] => Array
        (
            [field_id] => 3098
            [type] => text
            [name] => TransactionBrokerCompensation
            [value] => 1
        )

[field_3118] => Array
        (
            [field_id] => 3118
            [type] => price
            [name] => NOI
            [raw] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[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] => 617-393-4200
        )

[field_3172] => Array
        (
            [field_id] => 3172
            [type] => text
            [name] => Agent Phone
            [value] => 617-590-7707
        )

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

[field_3183] => Array
        (
            [field_id] => 3183
            [type] => number
            [name] => BuildingAreaTotal
            [value] => 7000
        )

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

[field_3185] => Array
        (
            [field_id] => 3185
            [type] => text
            [name] => BuyerAgencyCompensation
            [value] => 1.5
        )

[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] => 9
        )

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

[field_3204] => Array
        (
            [field_id] => 3204
            [type] => text
            [name] => ExistingLeaseType
            [value] => Net,NNN,Gross
        )

[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] => 0
            [unit_id] => 260
            [value] => $0
            [price_only] => $0
        )

[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] => 19/01/2025
        )

[field_3226] => Array
        (
            [field_id] => 3226
            [type] => area
            [name] => LotSizeSquareFeet
            [value] => 7,349 Sqft
            [raw] => 7349
            [unit_id] => 1
        )

[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] => 1200000
            [unit_id] => 260
            [value] => $1,200,000
            [price_only] => $1,200,000
        )

[field_3234] => Array
        (
            [field_id] => 3234
            [type] => textarea
            [name] => PrivateOfficeRemarks
            [value] => Property is located in registered opportunity zone
        )

[field_3239] => Array
        (
            [field_id] => 3239
            [type] => select
            [name] => TransactionBrokerCompensationType
            [value] => %
        )

[field_3240] => Array
        (
            [field_id] => 3240
            [type] => text
            [name] => UnparsedAddress
            [value] => 40-42 Lyman St, Holyoke MA 01040
        )

[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
        )

[f_3247] => Array
        (
            [field_id] => 3247
            [type] => feature
            [name] => BusinessType
            [values] => Array
                (
                    [0] => Commercial
                )

)

[field_3248] => Array
        (
            [field_id] => 3248
            [type] => datetime
            [name] => OriginalEntryTimestamp
            [value] => 19/01/2025 19:04:00
        )

[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
        )

[field_3311] => Array
        (
            [field_id] => 3311
            [type] => number
            [name] => BRE_Total_Parking
            [value] => 9
        )

)

EXIT

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