523 James St, Chicopee MA 01020
Chicopee, MA 01020
$350,000
$325,000
Est. $2,208/month
About this home
Prime commercial property on Memorial Drive/Rt 33, adjacent to CVS. This versatile land includes an existing structure that has been gutted and can be further 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!
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Property History
Market Insights
1
Price Changes
7.1%
Price Range
Property Timeline
Back On Market
Jul 20, 2026
Active
Status: Active under contract
May 27, 2026
Active → Active Under Contract
Pending Sale
May 27, 2026
Offer accepted, sale pending
Price Reduced
Apr 4, 2026
$325,000
$25,000
(-7.14%)
From $350,000 to $325,000 (-7.1%)
Listed for Sale
Mar 12, 2026
$350,000
Original listing
Agent: Authier LaDuke Team
Office: Coldwell Banker Realty - Western MA
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/20/2026 | • Back On Market | - | - | - | Active |
| 05/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/27/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 04/04/2026 | ↓ Price Reduced | $325,000 | $25,000 | - | From $350,000 to $325,000 (-7.1%) |
| 03/12/2026 | 🏠 Listed for Sale | $350,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $4,381 | — |
Financial Details
Annual Property Tax
$4,381
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1953
Living Area
1,488 sq ft
Lot Size
0.44 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
$4,381
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
House Is Gutted. Could Be Removed, Built-to-suit, Or Further Rehabbed. Selling In As-is Condition. Agent Is Related To The Seller. Seller Can Accept An Offer At Anytime.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Hampden
Property Overview
Listing Type
Commercial Sale
Year Built
1953
Living Area
1,488 sq ft
Room Details
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1953
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:
120.00 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
3 schools
C-
Fairview Elementary School
0.4 mi
|
#736 of 824
|
Score: 33.3
Dropped 216 spots from last year
-24.9 below state avg
387 students
Diverse
Diverse Student Body
Grades PK-05
C+
Streiber Memorial School
0.6 mi
|
#532 of 824
|
Score: 43.9
Dropped 131 spots from last year
-14.3 below state avg
229 students
Diverse
Diverse Student Body
Grades K-05
F
Kelly Elementary School
1.4 mi
|
#814 of 824
|
Score: 25.5
Improved 20 spots from last year
-32.7 below state avg
464 students
Less Diverse
Rising School
Grades PK-05
Middle Schools
3 schools
C
Bellamy Middle School
1.1 mi
|
#256 of 352
|
Score: 35.8
Dropped 10 spots from last year
-22.4 below state avg
776 students
Diverse
Grades 06-08
Dr. William R. Peck Middle School
2.8 mi
Grades 06-08
B-
Michael E. Smith Middle School
3.1 mi
|
#193 of 352
|
Score: 41.0
Improved 22 spots from last year
-17.2 below state avg
505 students
Moderate
Rising School
Grades 05-08
High Schools
3 schools
B+
Chicopee Academy
0.7 mi
|
#148 of 346
|
Score: 72.4
Same rank as last year
92 students
Diverse
Grades 06-12
LightHouse Holyoke
1.7 mi
Grades 06-12
B
South Hadley High School
1.9 mi
|
#162 of 346
|
Score: 53.9
Dropped 43 spots from last year
-4.3 below state avg
479 students
Moderate
19 sports
• 848 athletes
Strong AP Program
Career Tech Programs
Strong Athletics
Grades 09-12
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$365
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
523 James St, Chicopee MA 01020
Chicopee, MA 01020
Listing Information
Listing Agent
Authier LaDuke Team
Listing Office
Coldwell Banker Realty - Western MA
Office Phone
413-567-8931
Agent MLS ID
TEAM0470
Office MLS ID
AN7885
Listing Data Updated
Jul 24, 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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