List Search

165 Front St
Chicopee, MA 01013

$15,500,000 USD

Apartments For Sale  •  450,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 450,000 SF
  • Lot Size 1.65 AC
  • Building Class B
  • Year Built 2027
  • Zoning 101
51 Transit Score
81 Walk Score

Highlights

Prime location in downtown Chicopee with excellent visibility from I-395.
Entitlements secured for up to 600 residential units and 90,000 square feet of storage space.
Substantial financial incentives, including a 15-year Tax Increment Exemption (TIE) and various tax credits totaling approximately $34 million.
Ready-to-launch Phase 1 with full construction plans ($1.5 million cost) and confirmed readiness for a building permit.
Robust market conditions in Springfield with a 2.4% vacancy rate and strong rental growth.

Public Transportation

Commuter RailDriveWalkDistance
Springfield (Amtrak Hartford Line - Amtrak, Hartford Line - Amtrak, Lake Shore Limited - Amtrak, Northeast Regional - Amtrak, Valley Flyer - Amtrak, Vermonter - Amtrak) 7 min - 3.8 mi
Holyoke Amtrak (Valley Flyer - Amtrak, Vermonter - Amtrak) 8 min - 4.4 mi
AirportDriveWalkDistance
Bradley International 37 min - 16.7 mi
Research In Progress Research In Progress
Research In Progress Research In Progress