A rare opportunity to own a distinctive, multi-level commercial property in downtown Chicopee, offering a combination of existing commercial space, income potential, and exciting redevelopment possibilities. The property features multiple retail storefronts on the first floor, providing excellent opportunities for retail, service-oriented businesses, and other commercial uses. The second floor offers 10+ individual commercial and office units, creating the potential for multiple tenants and diversified rental income. Adding to the property's unique appeal is a substantial former theater space. Rich in character and architectural charm, this expansive space offers an opportunity for a visionary owner, investor, or developer to re-imagine its use. With its combination of street-level retail, second-floor commercial units, and a large former entertainment venue, The Elms Building presents an opportunity to acquire a property with multiple income streams and significant potential for repositioning, redevelopment, or adaptive reuse.
| MLS # | 73598428 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 9 |
| Listing Provided By | Pioneer CRE | Alisa Feliberty |
| SQ Feet | 21,706 |
|---|---|
| Zoning | 101 |
| Acreage | 0.49 |
| Tax Annual Amount | 23117 |
|---|---|
| Tax Year | 2026 |
| Senior Community Yes / No | No |
|---|
| State | MA |
|---|---|
| County | Hampden |
| City | Chicopee |
| Zip Code | 01013 |
| Area | Hampden |
| Listing VS Median (in 01013) | |
Price: $1,199,000 low | high Med: $349,900 sqft: 21,706 low | high Med: 2,058 $ / sqft: $55 low | high Med: $170 On site: 9 low | high Med: 35.5 | |
| State | MA |
|---|---|
| County | Hampden |
| City | Chicopee |
| Zip Code | 01013 |
| Area | Hampden |
| Listing VS Median (in 01013) | |
Price: $1,199,000 low | high Med: $349,900 sqft: 21,706 low | high Med: 2,058 $ / sqft: $55 low | high Med: $170 On site: 9 low | high Med: 35.5 | |