664-668 Page Blvd
Springfield, MA 01104

$849,900

19 Photos

SCHEDULE A PRIVATE TOUR Call Print Email

Listing Details

$849,900
MLS# 73589897
Type Commercial - Business
Status Active

0.116 acres
Lot Size
1900
Year Built

MAP LISTING SHARE

Listed By

Agency Name: Berkshire Hathaway HomeServices Realty Professionals
Agent Name: Anthony Ardolino
Agency Phone: 413-596-6711

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

Home Value Estimate

Description

Rare Licensed 12-Room Lodging House + Renovated Tavern/RestaurantUnique opportunity to acquire an established mixed-use income-producing property consisting of a 12-room licensed lodging house and first-floor operating tavern/restaurant.The property currently has approximately $9,700 per month in scheduled base rent, or $116,400 annually, before additional expense reimbursements from the Tavern.A particularly important feature is the property's existing lodging-house license. Ownership considers this license to be an unusually scarce asset in Springfield and believes the licensed use may carry meaningful strategic value in addition to the...read more

Features

$13,671 Taxes
Built in 1900

Gallery