206 Russell Street

Vacant Land for Sale
Catylist Listing ID: 29534296
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.06 Acres
Sale Price: $575,000
Unit Price: $542,452 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/14/2020

Overview / Comments

Prime commercial location between Amherst and Northampton, in the center of new development, just 5 minutes to I-91. This is formally the site of the Norwottuck Shops but is now cleared and ready for a new project. Conceptual plans were drawn for a free standing retail structure, but many uses are possible. There is an existing curb cut and the utilities are on site.

Financials

Finance Data Year 2019
Assessed Value - Total($) $438,500 (Annual)
Real Estate Taxes - Annual($) $5,419 (Annual)

Additional Details

Nearest MSA: Springfield
County: Hampshire
Taxing Authority: Hadley
Tax ID/APN: Map 13D, Lot 51
Zoning: GENERAL BUSINESS
Market Type: Medium
Property Located Between: East Street and Pine Hill Road
Side of Street: North
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Site will be removed from Chapter 183A.
Feet of Frontage: 202
Transportation: Bus, Shuttle, Highway, Taxi
Highway Access: Less than 5 minutes to I-91,
Airports: Bradley International - 40 minutes
Site Description: Open, cleared, flat, dry.
Area Description: In high traffic location on Rt 9 close to extensive development and many national flags.
Lot Frontage: 202
Zoning Description: General business allows for retail, office, hospitality.
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,199 21,309 70,319
Median Age: 47.33 37.09 34.27
Households: 850 8,887 23,426

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