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In-PersonVirtual Tour
$ 338,000
Est. payment | /mo
4,382 SqFt
$ 338,000
Est. payment | /mo
4,382 SqFt
Open House
Sun Oct 18, 3:30pm - 4:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,382 sqft
Price per Sqft $77
MLS Listing ID 73583526
HOA Y/N false
Year Built 2003
Annual Tax Amount $1,527
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Own One of Downtown Chicopee's Best Positioned Mixed-Use Buildings. 432 Front Street presents a rare opportunity to acquire a 4,382-square-foot mixed-use building in the center of Chicopee's revitalizing downtown district. Positioned along one of the city's most recognizable commercial corridors, the property combines immediate rental income with outstanding upside through its vacant commercial space. The street-level commercial suite offers exceptional flexibility for retail, professional office, medical, or service-oriented businesses. Large storefront exposure and steady pedestrian activity create an ideal setting for an owner-user or future tenant. Upstairs, two occupied apartments generate reliable income from quality tenants, helping offset operating expenses while providing stable cash flow. Why Investors Will Like This Property. Immediate income from two occupied apartments. Vacant commercial space ready for lease or owner occupancy. Excellent visibility on Front Street. Walkable downtown location near City Hall and the new public library. Strong value-add potential through commercial lease-up. Easy access to I-391, I-90, and the greater Springfield market. Whether you're expanding your investment portfolio or seeking a headquarters with built-in rental income, 432 Front Street offers location, flexibility, and long-term potential in one of Chicopee's most active commercial corridors. Several Steelcase Workstations included with the Purchase. With strong street presence, flexible mixed-use zoning, and a prime downtown location, this property offers significant upside for investors, entrepreneurs, and portfolio buyers seeking a value-add opportunity. Mixed-Use, Investment, Owner-User, Storefront, Office, Retail, Downtown Chicopee, Front Street, Income Property, Commercial Building, Two Apartments, Value-Add, Cash Flow. Discover the potential of this versatile mixed-use property at 432 Front Street. Featuring first-floor commercial space and two second-floor apartments, this property offers an opportunity to combine business ownership with residential rental income. Enjoy high-traffic Front Street exposure, and a one-car garage with additional storage. Major improvements include a roof installed in 2018, HVAC system installed in 2020, and a new hot water heater in 2026. Natural gas heat and central air conditioning serve the commercial space and apartments. Conveniently located within walking distance of Chicopee City Hall and downtown amenities.
Location
State MA
County Hampden
Zoning 101
Direction GPS to 432 Front St. Between John's Pizza and The Corner Store - Walk to City Hall
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Roof Type Asphalt/Composition Shingles,Rubber
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Realty Professionals