The STEAM Building
$3,900,000
208 Race Street, Holyoke, MA 01040
68,000 sqft
Building Size
1.1 acres
Lot Area
Details:
Highlights:
- "Arts and Industry" District
- 68,000 SF
- Located on the Historic Canal System
- Beautifully Converted to Offices
- On-Site Parking
- Huge Upside Potential
Description:
Presenting 208 Race Street, an ideal investment opportunity for Office/Office Building investors in the Western Mass area. This 68,000 SF building, with 22 units, underwent a comprehensive renovation in 2014, seamlessly blending historic charm with modern functionality. Zoned IG and currently at 50% occupancy, this property offers significant potential for growth, making it an attractive addition to any investment portfolio.
Considered the "Arts and Industry" Overlay District, this area has seen a renaissance in development. Older manufacturing buildings being converted to offices, theaters, and housing. Across the street from the "Canal Walk", a City renovation of the historic canal system. Holyoke has one of the lowest utility costs in the New England, they control electric ratse due to the generation of power via the Holyoke dam.
Documents:
| Title | ||
|---|---|---|
| Brochure.pdf |
Location
Gallery
