Active
267 Days on market
1979-1981 Memorial Dr Chicopee — Photo 1 of 27

1979-1981 Memorial Dr Chicopee — Photo 1 of 27

Recent Drop: $30,000

$699,000
$669,000

$669,000

1979-1981 Memorial Dr, Chicopee, MA 01020

Chicopee, MA 01020

Beds

--

Baths

2

SqFt

2,884

Style

Other

Built

1966

Prime Value-Add Commercial Investment! Solid brick commercial property with two highly visible storefronts located on a major arterial road boasting an approximate 60,000 vehicles per day traffic count. One unit is leased, providing immediate cash flow, while the second storefront features an open floor plan, ideal for an owner-user or lease-up opportunity to increase NOI. Excellent street presence, strong signage potential, and easy access make this an attractive value-add investment. Ideal for investors seeking stable income with upside in a proven high-demand corridor.

Market Value Analysis

This Property
Size (SqFt) →Price →

Limited sample — based on 6 comparable properties.

This Property$232/sqft
Local Avg (Chicopee)$206/sqft
13% AboveMarket Average

* Analysis is based on 6 actively listed and recently sold comparable properties strictly within Chicopee, MA.

Property Details

Financials

Original Price$699,000
Annual Taxes$12,803

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
Water--
Sewer--

Building & Exterior

Construction--
Roof--
Foundation--
Zoning111

Property & Lot

Acres0.35
SqFt Lot15,197
Lot Features--

Geography

Property History

Price Drop
$669,000

Was $699,000

Apr 14, 2026

MLS® 73462515

Listed
$699,000

Dec 16, 2025

MLS® 73462515

Population

30,167

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$66K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

41.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Paul Zingarelli

Listing Office: Berkshire Hathaway HomeServices Realty Professionals

MLS® Number: 73462515

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