1979-1981 Memorial Dr, Chicopee MA 01020
Chicopee, MA 01020
$699,000
$599,000
Est. $4,296/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
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.
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
14.3%
Price Range
Property Timeline
Price Reduced
Sep 23, 2026
$599,000
$70,000
(-10.46%)
From $669,000 to $599,000 (-10.5%)
Price Reduced
Apr 14, 2026
$669,000
$30,000
(-4.29%)
From $699,000 to $669,000 (-4.3%)
Listed for Sale
Dec 16, 2025
$699,000
Original listing
Agent: Paul Zingarelli
Office: Berkshire Hathaway HomeServices Realty Professionals
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/23/2026 | ↓ Price Reduced | $599,000 | $70,000 | - | From $669,000 to $599,000 (-10.5%) |
| 04/14/2026 | ↓ Price Reduced | $669,000 | $30,000 | - | From $699,000 to $669,000 (-4.3%) |
| 12/16/2025 | 🏠 Listed for Sale | $699,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $12,803 | — |
Financial Details
Annual Property Tax
$12,803
Tax Year 2026
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1966
Living Area
2,884 sq ft
Lot Size
0.35 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$12,803
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Interior Photos From Previous Tenant. Unit Has Been Cleaned With Plumbing Updates For New Owner.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Hampden
Property Overview
Listing Type
For Sale
Year Built
1966
Living Area
2,884 sq ft
Floor Layout
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1966
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Frontage:
100.00 ft
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Chicopee School District local
C-
School Safety
2024-25
4.1%
Above Average
4.0%
Suspensions
2.4%
In-School
0.1%
Emergency
1.4% below state avg
Elementary Schools
10 schools
St. Joan of Arc School
3.1 mi
Grades PK-08
Springdale Education Center School
3.2 mi
Grades K-12
The Center School
3.2 mi
Grades PK-12
St. Stanislaus School
4.6 mi
Grades PK-08
Valley West School
5.2 mi
Grades K-12
C-
Fairview Elementary School
0.3 mi
|
#727 of 825
|
Score: 33.8
Dropped 207 spots from last year
-24.4 below state avg
378 students
Diverse
Grades PK-05
C+
Streiber Memorial School
1.2 mi
|
#521 of 825
|
Score: 44.2
Dropped 120 spots from last year
-14 below state avg
223 students
Diverse
Diverse Student Body
Grades K-05
C
Lambert-Lavoie Memorial Elementary School
2.7 mi
|
#631 of 825
|
Score: 39.2
Dropped 55 spots from last year
-19 below state avg
263 students
Diverse
Diverse Student Body
Grades PK-05
C+
Barry School
3.2 mi
|
#539 of 825
|
Score: 43.4
Improved 156 spots from last year
-14.8 below state avg
331 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
Belcher School
3.4 mi
226 students
Diverse
Grades PK-01
Middle Schools
2 schools
C
Bellamy Middle School
1.6 mi
|
#254 of 352
|
Score: 35.9
Dropped 8 spots from last year
-22.3 below state avg
766 students
Diverse
Grades 06-08
C
Dupont Middle School
4.6 mi
|
#263 of 352
|
Score: 35.5
Dropped 24 spots from last year
-22.8 below state avg
684 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
4 schools
B+
Chicopee Academy
1.0 mi
|
#148 of 346
|
Score: 72.4
Same rank as last year
67 students
Diverse
Grades 06-12
C
Chicopee Comprehensive High School
2.6 mi
|
#258 of 346
|
Score: 46.5
Dropped 23 spots from last year
-11.7 below state avg
1,162 students
Diverse
High Graduation Rate
Career Tech Programs
Grades 09-12
Sunshine Village
3.7 mi
Grades 11-12
C-
Chicopee High School
4.4 mi
|
#294 of 346
|
Score: 41.0
Improved 39 spots from last year
-17.3 below state avg
913 students
Diverse
17 sports
• 1,102 athletes
Rising School
Strong Athletics
Diverse Student Body
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,067
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
1979-1981 Memorial Dr, Chicopee MA 01020
Chicopee, MA 01020
Listing Information
Listing Agent
Paul Zingarelli
Listing Office
Berkshire Hathaway HomeServices Realty Professionals
Office Phone
413-567-3361
Agent MLS ID
M9502576
Office MLS ID
AN7279
Listing Data Updated
Sep 26, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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