520-526 Main Street

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520-526 Main Street

Springfield, MA 60187
Asking Price
$1.25M
Asset Type
Storefront Retail
Class
Class B

What's Special

520-526 Main Street, Springfield, MA 60187-5319 <ul><li>​12,000 SF Retail Building</li><li>​91' on Main Street</li><li>​100% Leased - Stable Income</li><li>​Ample Parking - Plenty of Spaces</li><li>​0.31 Acres Lot Size</li><li>​BA - Business A Zoning</li><li>​Signalized Intersection - High Visibility</li><li>​Year Built: 1925</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
6.40%
DSCR
1.08
Tight
Cash-on-Cash
1.54%
Monthly Payment
$6,184.318
Annual Cash Flow
$5,788.184

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