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$ 999,000
Est. payment /mo
Active
752 Sumner Ave Springfield, MA 01108
7,264 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,264 sqft
Price per Sqft $137
MLS Listing ID 73536576
HOA Y/N false
Year Built 1920
Tax Year 2025
Lot Size 0.360 Acres
Acres 0.36
Property Description
Mixed-use investment opportunity with immediate income and approved residential upside. Fully leased first floor generates approx. $110,400/year from 5 established commercial tenants. City approval in hand for 7 second-floor residential units. Gross income can exceed $250,000 when completed. Approval package, architectural plans, and parking agreements convey with sale. New roof, electrical upgrades, mini-splits, separate utilities/meters, and 10 secured parking spaces. Ideal for investors, developers, and 1031 exchange buyers. Offered at $999,000.
Location
State MA
County Hampden
Zoning B1
Direction On Sumner Ave, on East Forest Park line
Exterior
Utilities Available Public Water, Public Sewer
Others
Senior Community false
Listed by Berkshire Hathaway HomeServices Realty Professionals