Commercial Sale at 1979-1981 Memorial Dr, Chicopee MA 01020
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27 photos

$599,000

1979-1981 Memorial Dr, Chicopee MA 01020
Chicopee, MA 01020
Listed by Paul Zingarelli
Bedrooms
N/A
Bathrooms
N/A
Living area
2,884 sqft
Year built
1966

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.

Property details

MLS
MLS Property Information Network
MLS #
73462515
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
313
On market date
December 16, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.35 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Fairview Elementary
0.33 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
407
Student:teacher ratio
12.3:1
District
Chicopee
Middle
Bellamy Middle
1.66 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
817
Student:teacher ratio
10.8:1
District
Chicopee
HighCharter
Hampden Charter School of Science East
1.07 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
554
Student:teacher ratio
13.2:1
District
Hampden Charter School of Science East (District)

Walkability

Blended score for Chicopee's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

70
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
83 / 100
Restaurants & cafes9
Grocery stores2
Parks4
Schools5
Transit stops3
Pharmacies3

Market position

How this listing compares to current activity in Chicopee, from live MLS data.

On the market 313 days -- 217 more days than Chicopee's current average of 96 days.
For reference, the median list price across 230 active listings in Chicopee right now is $299,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$3,757/mo
$119,800 down
$479,200 loan
Principal & interest$3,108
Property tax (est.)$499
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.