Commercial Sale in Springfield

$475,000

704-708 Sumneravenue, 01108, Springfield, MA

Commercial Sale for sale in Springfield, 704-708 Sumneravenue, 01108

704-708 Sumneravenue, 01108, Springfield, MA

$475,000

Type: Commercial Sale

Description

Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residential income potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it ideal for professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. The property offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike. Earning $4, 700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-traffic location ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MA Turnpike.

Location

704-708 Sumneravenue, 01108, Springfield, MA

Data

Object TypeCommercial Sale
Purchase Price$475,000
Living Space0 m²
Plot Size0.01 m²
BathroomsN/A
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeN/A
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent