109 Chestnut Street, Springfield, MA
Office for Sale - $499,000 - 37,800 Sq. Ft.
Property Info
| CIMLS# | 1059454 |
| Location 109 Chestnut Street Springfield MA 01103 | |
| Updated | October 8th, 2019 |
| Type | Office |
| Price | $499,000 |
| Building | 37,800 Sq. Ft. |
Property Description
ONLINE AUCTION EVENT
Financials
Tax Benefits for Redevelopment & Investment:
• MassDevelopment has offered tax-exempt bond financing with the possibility of loan guarantees and limited recourse.
• Given its location in a federally designated historic district, the Birnie Building is eligible for historic rehabilitation tax credits, 20% federal and 10% state.
• The property is also eligible for the federal New Markets Tax Credits of 39%.
• Opportunity Zone!
