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752 Sumner Ave 9,268 SF 100% Leased Retail Building Springfield, MA 01108 $975,000 ($105.20/SF) 7.83% Cap Rate




INVESTMENT HIGHLIGHTS
- Fully Occupied
- 7.83 Cap Rate
- Stable Leases
EXECUTIVE SUMMARY
5 - Unit Retail + Vacant upstairs
Fully leased - 7.83% Cap Rate
Renovated and updated in 2024
Fully leased - 7.83% Cap Rate
Renovated and updated in 2024
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$107,400
![]() |
$11.59
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$107,400
![]() |
$11.59
![]() |
Taxes |
$13,000
![]() |
$1.40
![]() |
Operating Expenses |
$18,000
![]() |
$1.94
![]() |
Total Expenses |
$31,000
![]() |
$3.34
![]() |
Net Operating Income |
$76,400
![]() |
$8.24
![]() |
FINANCIAL SUMMARY (ACTUAL - 2024)
Gross Rental Income | |
---|---|
Annual | $107,400 |
Annual Per SF | $11.59 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $107,400 |
Annual Per SF | $11.59 |
Taxes | |
---|---|
Annual | $13,000 |
Annual Per SF | $1.40 |
Operating Expenses | |
---|---|
Annual | $18,000 |
Annual Per SF | $1.94 |
Total Expenses | |
---|---|
Annual | $31,000 |
Annual Per SF | $3.34 |
Net Operating Income | |
---|---|
Annual | $76,400 |
Annual Per SF | $8.24 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,268 SF
Building Class
C
Year Built
1920
Price
$975,000
Price Per SF
$105.20
Cap Rate
7.83%
NOI
$76,343
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.63 AC
Zoning
B1
Frontage
AMENITIES
- Bus Line
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- A1 Antiques
- Retailer
- -
- -
- -
- Armata Security
- -
- -
- -
- -
- Brim & Crown Shop
- Retailer
- -
- -
- -
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- Garden Of Eat'n
- Accommodation and Food Services
- -
- -
- -
- Rose Nails
- Services
- -
- -
- -
- Shaolin Kung Fu Center
- Arts, Entertainment, and Recreation
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
A1 Antiques | Retailer | - | - | - | ||
Armata Security | - | - | - | - | ||
Brim & Crown Shop | Retailer | - | - | - | ||
![]() |
Information | - | - | - | ||
Garden Of Eat'n | Accommodation and Food Services | - | - | - | ||
Rose Nails | Services | - | - | - | ||
Shaolin Kung Fu Center | Arts, Entertainment, and Recreation | - | - | - |
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS






PROPERTY TAXES
Parcel Number | SPRI-011280-000000-000136 | Total Assessment | $1,134,100 (2025) |
Land Assessment | $172,700 (2025) | Annual Taxes | $13,000 ($1.40/SF) |
Improvements Assessment | $961,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
SPRI-011280-000000-000136
Land Assessment
$172,700 (2025)
Improvements Assessment
$961,400 (2025)
Total Assessment
$1,134,100 (2025)
Annual Taxes
$13,000 ($1.40/SF)
Tax Year
2024
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