Map of Property

28 Appleton Street

28 Appleton Street, Holyoke, MA 01040

  • For Sale $7,500,000
  • Property Type Office - General Office
  • Property Size 141,354 SF
  • Units 4
  • Lot Size 1.83 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1890
  • Date Updated Apr 9, 2025
With easy access to Interstate 91 and the Mass Pike, the location provides excellent connectivity to the wider regionR.J. Greeley Company has been exclusively retained to facilitate the fee simple sale of 28 Appleton Street, Holyoke, MA. This 141,000 sf industrial asset is 100% occupied with four tenants in place and additional potential upside by leasing remaining basement space. The primary tenant, Rise Holdings, a wholly owned subsidiary of Green Thumb Industries, (OTCMKTS:GTBIF), is a vertically integrated cannabis company occupying approximately 60,000 square feet for the purpose of cannabis cultivation, product manufacturing and packaging. Through this facility, Rise services its four Massachusetts retail sites, 3 being adult-use and 1 being medical use. This property is uniquely located in Holyoke, MA, a community that was an early adapter of cannabis friendly zoning bylaws. Likewise, as cannabis cultivation consumes a large amount of electricity, cannabis operators and other manufacturers and users alike are attracted to Holyoke for its municipal utility rates, near the lowest in Massachusetts. With below market rents and substantial tenant investment in the property, 28 Appleton Street is a desirable investment with opportunity for growth and stabilized long term tenancy.
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Highlights

  • Net-lease investment property
  • Stabilized income stream with opportunity for growth

Contacts

broker
Brendan Greeley

R.J. Greeley Company

Location

Getting Around

  • Walk Score ®

    69/100 Somewhat Walkable

  • Transit Score ®

    52/100 Good Transit

  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Holyoke, MA
  • Neighborhood The Flats
  • Zip Code 01040
  • Market Worcester Springfield

Points of Interest

  • Green Cab

    8.28 miles

  • Speedway

    1.39 miles

  • Stop & Shop

    1.40 miles

  • Racing mart

    1.45 miles

  • Pride

    1.62 miles

  • Stop & Shop Gas

    2.03 miles

  • Shell

    2.66 miles

  • Big Y Express

    2.69 miles

  • Cumberland Farms

    2.83 miles

  • Tesla Supercharger

    4.84 miles

  • ChargePoint

    8.31 miles

  • MGHPCC Parking

    0.39 miles

  • Q Lot

    2.35 miles

  • P Lot

    2.41 miles

  • O Lot

    2.43 miles

  • N Lot

    2.44 miles

  • M Lot

    2.47 miles

  • R Lot

    2.49 miles

  • A Lot

    2.51 miles

  • S Lot (Visitor Parking)

    2.54 miles

  • B Lot

    2.54 miles

  • Hampton Inn

    2.11 miles

  • Residence Inn

    2.15 miles

  • Tru by Hilton

    2.30 miles

  • Quality Inn

    2.39 miles

  • Fairfield Inn & Suites

    2.63 miles

  • Springfield Inn

    3.93 miles

  • Knights Inn

    3.94 miles

  • Super 8

    4.06 miles

  • Willits-Hallowell Conference Center & Hotel

    4.26 miles

  • Red Roof Inn

    4.42 miles

  • McDonald's

    0.68 miles

  • Dunkin'

    1.40 miles

  • Taco Bell

    1.42 miles

  • DQ Grill & Chill

    1.44 miles

  • Rusty's Place

    1.47 miles

  • Friendly's

    1.60 miles

  • Golden Chopsticks

    1.60 miles

  • Dunkin' Donuts

    1.65 miles

  • Nick's Nest

    1.69 miles

  • Denny's

    1.71 miles

  • Dr. Marcella R. Kelly Full Service Community School

    0.20 miles

  • HCC MGM Culinary Arts Institute

    0.33 miles

  • William G. Morgan Full Service Community School

    0.44 miles

  • NEARI School

    0.47 miles

  • H.B. Lawrence School

    0.71 miles

  • VOC

    0.80 miles

  • Our Lady of Perpetual Help School

    0.82 miles

  • Anne McHugh Primary School

    0.83 miles

  • Edward Bellamy Middle School

    0.87 miles

  • Mater Dolorosa Catholic School

    0.87 miles

  • Roots Learning Center

    7.70 miles

  • People's Institute

    8.52 miles

  • Meadowlark Childcare Center

    9.31 miles

  • YMCA Child Care

    9.62 miles

Frequently Asked Questions

How much does 28 Appleton Street cost?

The space currently listed for sale at 28 Appleton Street asks for $7,500,000.

What is the total square footage of 28 Appleton Street?

28 Appleton Street totals 141,354 square feet.

When was this property built?

28 Appleton Street was built in 1890.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Brendan Greeley

R.J. Greeley Company

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