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$449,000
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Property Description
Prime commercial property on Memorial Drive/Rt 33, adjacent to CVS. This versatile land includes an existing structure that can be rehabbed into a business or removed. The site offers flexible development options, including potential for a new commercial building or a drive-thru facility, pending city approval. The attached plot plan and front elevation images showcase possible configurations. Conveniently located in a high-traffic area, the property is available for sale, lease, or build-to-suit. Don't miss this opportunity to establish your business in a strategic location with multiple development possibilities. Seller is an established builder willing to build-to-suit an office building such as the one included in the pictures, or rehab the existing building. Bring your ideas and explore endless possibilities here!
Full Property Details
Full Property Details for 523 James St
General
- Price: $449,000
- Taxes: $4,381 (2025)
- Status: Active
- Type: Commercial
- Source: MLSPin
- MLS ID: 73375781
- Updated: 6/3/2025
- Added to Site: 30 day(s) ago
Business
- Business Type: Commercial
Parking
- Total Spaces: 3
Location
- County: Hampden
- Driving Directions: Next door to CVS Corner of route 33
Utilities
- Utility Description: Public Water, Public Sewer
Structural Information
- Square Feet: 1,488
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.41
- Lot Dimensions: .41
- Frontage Feet: 120
- Zoning: Other (See Remarks)
Financial Considerations
- Tax Amount: $4,381
- Tax Year: 2025
Disclosures and Reports
- Disclosures/Rstr.: House needs to be gutted or could be removed. Selling in as-is condition. Agent is related to the seller. Seller can accept an offer at anytime.
- Property ID: M:0690 P:00048, 2512094
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 523 James St
School District:Chicopee Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
40 Streiber Dr, Chicopee, MA 01020 | K-5 | 0.6 mi | |
650 Front St, Chicopee, MA 01013 | 6-8 | 0.4 mi | |
617 Montgomery St, Chicopee, MA 01020 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 523 James St
Date
Details
Price
Change
Source
5/30/2025
Price Reduced
$449,000
-10.02%
MLS
5/15/2025
Listed
$499,000
107.92%
MLS
4/29/2025
Sold
$240,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 523 James St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,381
5%
$289,000
3%
2024
$4,158
8%
$281,700
11%
2023
$3,854
5%
$254,400
18%
2022
$3,673
4%
$216,200
8%
2021
$3,540
4%
$201,000
3%
2020
$3,417
1%
$195,700
4%
2019
$3,376
-2%
$188,000
—
2018
$3,437
8%
$187,700
2%
2017
$3,197
-1%
$184,700
-3%
2016
$3,235
—
$191,300
4%
2015
$3,226
6%
$183,900
—
2014
$3,036
4%
$183,900
-1%
2013
$2,912
—
$185,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 523 James St
523 James St, Chicopee, MA 01020 (MLS# 73375781) is a Commercial property. 523 James St is currently listed for $449,000 and was received on May 15, 2025. This property is listed by Ray Authier from our Western Massachusetts Office.Want to learn more about 523 James St? Do you have questions about finding other Commercial real estate for sale in Chicopee? You can browse all Chicopee real estate or contact a Coldwell Banker agent to request more information.