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Property For Sale
Springfield - MA - Land & Plans - Rendering
Potential 71,400 NRSF
$950,000
Springfield, MA
The subject property is a 1.67 acre lot fully approved for the development of a 95,700 gross SF self storage facility with 71,400 NRSF. Plans include a 3-story building. The design includes a 1,050 SF rental office, two elevators, sprinklers, some climate controlled units, and ample parking and turnaround areas.
The property is located in the suburban area of Pine Point at the intersection of Boston Road and Harvey Street. Boston Road receives a daily traffic count of 14,000 verhicles per day and is a major arterial between downtown Springfield, 4.5 miles to the west, and the suburbs to the east. Prior to the development of Interstate 90, the 4-lane Boston Road was the primary connector road to the City of Boston, 75 miles to the east.
The property is strategically located at a major intersection that sits at the nucleus of a healthy residential and business community 4 miles outside of the City of Springfield. This completed facility will out-position all the existing self storage facilities in the area and be the only facility to fully offer all the storage, retail, and convenience options that customers demand today.
Should you wish more information on this property regarding the financials, please call, obtain and sign a Confidentiality Agreement, and we will send you the Offering Memorandum on this property.
