Sale PortfolioTotal: 1
| Picture | Property Name/Address | Size | Year Built | Individual Price | |
|---|---|---|---|---|---|
 | STEAM Building, 208 Race St., Holyoke, Ma. 01040 | 1903 | $ |
Highlights
PROPERTY HIGHLIGHTS "Arts and Industry" District 68,000 SF Located on the Historic Canal System Beautifully Converted to Offices On-Site Parking Huge Upside Potential
Description
Presenting 208 Race Street, an ideal investment opportunity for Office/Office Building investors in the Western Mass area. This 68,000 SF building, with 22 units, underwent a comprehensive renovation in 2014, seamlessly blending historic charm with modern functionality. Zoned IG and currently at 42% occupancy (52,961 total rentable SF), this property offers significant potential for growth, making it an attractive addition to any investment portfolio.
Listing Details
- EMD
5%
- Tenancy
Multi
- Space Type
office
- Sub Category
creative
- Requested Closing Period
45 days
- Sale Type
Investment Sale
- Date Listed
8/7/2025
- Due Diligence Period
30 days
- Broker/Agent Co-op
N/A
- Investment Type
Value Add
- Investment Detail
Presenting 208 Race Street, an ideal investment opportunity for Office/Office Building investors in the Western Mass area. This 68,000 SF building, with 22 units, underwent a comprehensive renovation in 2014, seamlessly blending historic charm with modern functionality. Zoned IG and currently at 42% occupancy (52,961 total rentable SF), this property offers significant potential for growth, making it an attractive addition to any investment portfolio.
- Brand Info
Privately Owned
- Parking Info
1
- Typical Floor Size
17,000 SF
- Ceiling Height / Slab to Slab
14 Ft
- Net Rentable
52,961 SF
Property Specifics
- Property Name
STEAM Building
- Property Class
B
- No of Buildings
1
- No of Stories
4
- No of Units
22
- Year Built
1903
- Building Size
68,000 SF
- Lot Size
1.1 AC
- Year Renovated
2014
- Zoning
8.7 ARTS AND INDUSTRY OVERLAY DISTRICT (AIOD) 8.7.1 Purpose. The purpose of this section is to create an overlay district to promote the following purposes: encourage reuse, redevelopment, and revitalization of historic mill structures along the canals in Holyoke's traditional city center, while retaining existing businesses; allow a vibrant mix of uses that will attract residents, visitors, and customers to the city center; provide a physical and functional link between the city center and neighborhoods abutting this district; improve the appearance of the historic mill area; and promote economic development and enhanced property values.
- Occupancy
42%
Property Amenities
Unit Amenities
24 Hour Access
Air Conditioning
Central Heating
Dock High Doors
Extra Storage Space
Hardwood Floors
High Ceilings
Loading Docks
Natural Light
Onsite Parking
Security System
Wi-Fi Access