
1979-1981 Memorial Dr Chicopee — Photo 1 of 27
Recent Drop: $30,000
$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
Limited sample — based on 6 comparable properties.
* Analysis is based on 6 actively listed and recently sold comparable properties strictly within Chicopee, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$669,000
Was $699,000
Apr 14, 2026
MLS® 73462515
$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 Agent: Paul Zingarelli
Listing Office: Berkshire Hathaway HomeServices Realty Professionals
MLS® Number: 73462515
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