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1329 Memorial Dr 10,585 SF Retail Building Chicopee, MA 01020 $2,000,000 ($188.95/SF) 10% Cap Rate

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INVESTMENT HIGHLIGHTS

10% Cap Rate
Turnkey Grocery and Restaurant

Two Business can be included with sale

EXECUTIVE SUMMARY

Prime commercial property for sale at $2,000,000, featuring 9,923 SF gross area (8,570 SF usable) on 1.96 acres with 12' ceilings. Divided into two units: a 3,789 SF restaurant (38%) and a 5,625 SF grocery (57%), plus a 509 SF enclosed porch. Currently generates $240,000 annual gross income from month-to-month tenants: Masses American Bistro and Masses Fresh Market each paying $10,000/month, with tenants covering utilities and all exterior maintenance (snow plowing, landscaping, trash). Landlord expenses total $40,000/year ($5,000 water, $25,000 taxes, $10,000 insurance), yielding a $200,000 NOI and 10.0% cap rate. Sale includes both operating businesses with FF&E, inventory, trade names, and goodwill. Established local brands with loyal customers and proven revenue.