Price/Rent PSF | Inquire |
Asset Type | Office |
Trade Type | Sale |
SQ. FT. Available | Inquire |
Date Available | 04/14/2022 |
Additional URL | Link |
Parking | 155 |
Floors | 5 |
Building size | 75000 |
Location
75,000 +/- SF hospital and medical office property located in just 70 miles west of Boston, .88 miles from the MassPike (90), and 7.2 miles from the I-91/90 interchange.
Sale
MANSARD has been exclusively retained to market 14 Chestnut Place; a 75,000 +/- SF rehabilitation hospital. 14 Chestnut Place is an attractive opportunity for medical providers seeking to maximize operational value in the central and western Massachusetts markets as well as for re-use as a health and human services facility. The property is located 6.5 miles east of Springfield, which is home to the Baystate Medical Center’s new $296 Million, 641,000 SF clinical facility housing state-of-the-art vascular and heart care center.
As an integral part of the central and western Massachusetts medical sector, the property was initially developed by local mill operators for their workers in 1909. In 1947 the original building was replaced by a new hospital, with an addition built in 1967 followed by another addition in 1967. In 1976, the 1947 section was razed and replaced.
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