aisellshomes.space

$200,000

Active

36 Loring Street

Springfield, MA, 01105

Commercial · MLS #73473871

Days on market

New today

Lot size

0.27 ac

0.27 acres

Lot

About this home

Offered as a package sale, this opportunity includes three parcels zoned Residence C. The left parcel (3,228 SF) was previously improved with a two-family home and is identified as potentially developable, subject to city approval. The right parcel (4,994 SF) was formerly improved with a six-family home and is listed as potentially developable with the city.The rear parcel (3,563 SF) is improved with a warehouse/office building, most recently used as a photography studio. The space features a large open area with tall ceilings, a well-preserved 1980s kitchen used for photoshoots, and additional office/support space on the second level. This versatile layout lends itself well to creative, studio, or content-production uses, among other possibilities.A unique investment opportunity located near MGM Springfield, the Naismith Memorial Basketball Hall of Fame, and the many amenities of downtown Springfield. Buyer to verify zoning, development potential, and intended use.

Property details

Parking
Paved Driveway, Unpaved Driveway, Permeable Pavement

Listed by Nick Gelfand · NRG Real Estate Services, Inc.

Schedule a showing

36 Loring Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$1,295 / month

Down payment20% · $40,000
Interest rate6.50%

Loan term

Principal & interest
$1,011
Property tax
$200
Home insurance
$83

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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