$688,000 ($115 per SQ/FT)
29 Elliot Street, Springfield, MA, Massachusetts 01105. Rare opportunity to live, work and play at The Alexander House a.k.a. Linden Hall. Offering 9000 Gross SF on new foundation (2012) with newer heat, roof and mechanical systems. 6000SF of which is, largely, restored professional office, studio and/or living spaces. 21 car lot included. Substantial (50-100K) income potential. Tax benefits and in an Opportunity Zone, a quality locale, abutting the Federal Courthouse and $200 million in new construction. 7 blocks to 7 museums including the Quadrangle, Springfield's own "mini Smithsonian", Symphony Hall, Union Station, Dr Seuss Sculpture Garden, MGM Casino, Riverfront & Armory Parks, and more. Sensible Historic Covenants only. Owner Broker. Value Priced at $131/SF. Extraordinary property is uniquely suited for professional office or flex space applications w/ townhouse residence, or museum, studio use, school applications, etc. Use your imagination & create your perfect opportunity. Huge infrastructure dollars were invested here when the structure was moved and relocated to this site (to make room for the new Federal Court house). Improvements include: new foundation, utility lines and connections, 400 Amp electric service and updated gas service, meter and lines. Buy this Signature property where literally "all the heavy lifting has been done" and own a Blue Chip income producing investment.
All information deemed reliable but not warrantied. Seller is a licensed Realtor. Also see MLS #72848820, 72848817 & 72848819 in MLSPIN.
The property is less than $100/SF for the gross area and has $50K-100K potential annual income, depending on how the space is divided and leased. Historic New England must approve of any sale or lease at this property, which shall not be unreasonably withheld. Only month to month leases currently.