28 Appleton Street

For Sale

28 Appleton Street, Holyoke, MA 01040

This Holyoke property for sale is located at 28 Appleton Street. The general use of 28 Appleton Street is office and it incorporates 141,354 square feet of class C office space. The current listed sale price for 28 Appleton Street is $7,500,000. 28 Appleton Street is situated on a lot that is 1.83 acre in size.

Contacts

broker
Brendan Greeley

R.J. Greeley Company

Property Details

  • 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 2, 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

Getting around

  • 69/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 49/100

    Bike Score ®

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Location

  • 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

  • Aunty's Market

    1.32 miles

  • Stop & Shop

    1.38 miles

  • Holyoke Shopping Center

    1.91 miles

  • Super Stop & Shop

    1.98 miles

  • Big Y

    2.05 miles

  • Walmart Supercenter

    2.31 miles

  • ALDI

    2.34 miles

  • JCPenney

    2.89 miles

  • Target

    3.03 miles

  • Macy's

    3.16 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brendan Greeley

R.J. Greeley Company

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