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512-518 Main Street
Springfield, MA 62044
Asking Price
$850K
Asset Type
Shopping Center Retail
Class
Class B
What's Special
512-518 Main Street, Springfield, MA 62044-1309 <ul><li>7,382 SF Retail Building</li><li>121' on Main Street</li><li>100% Leased - Stable Income</li><li>Ample Parking Available</li><li>0.41 Acres</li><li>BA - Business A Zoning</li><li>High Traffic, Excellent Visibility</li><li>Year Built: 1921</li><li>High Traffic - Main Street Corridor, Excellent Street Visibility</li><li>PVTA Bus Service Along Main Street</li><li>I-291 and I-90 (Massachusetts Turnpike) Nearby</li></ul>
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NOI
$80,000
Cap Rate
9.41%
DSCR
1.59
Strong
Cash-on-Cash
11.58%
Monthly Payment
$4,205.336
Annual Cash Flow
$29,535.965
