Jennings Real Estate Services and M Square Commercial collaborate to transform historic funeral home property into modern retail development, showcasing Springfield's commercial real estate potential through strategic property redevelopment.
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Jennings Real Estate Services, Inc., a leading commercial real estate firm in Western Massachusetts, announces the successful sale of a complex $1.1 million commercial property retail development site at 710 Liberty Street in Springfield Ma.
The 18-month project navigated multiple regulatory challenges to convert a former funeral home into a modern Modwash car wash facility, marking another milestone in Springfield's retail development initiatives. Modwash operates over 125 car washes on the East Coast.
"This project exemplifies the type of creative property transformation that drives Springfield's economic growth," said Jonathan Little of Jennings Real Estate Services. "By successfully managing the zoning change process and addressing community concerns, we've demonstrated how underutilized properties can be repositioned for modern retail use."
The transaction involved:
- Strategic rezoning of 1.04 acres from residential to commercial use
- Collaboration with city officials for demolition approval
- Securing special permits for the property's new retail purpose
- Coordinating between Tinkham Glen Realty, LLC (seller) and Hutton Springfield MA ST, LLC (buyer)
Working with the buyer’s broker, Brittany McGrath from M Square Commercial, the Jennings team, led by Kevin Jennings and Jonathan Little, guided the project through Springfield's comprehensive redevelopment process while maintaining strong relationships with community stakeholders.
The successful transformation of this Liberty Street property represents the growing opportunities in Springfield's commercial real estate market. The project's completion required extensive navigation of complex zoning requirements while addressing neighborhood concerns, ultimately demonstrating the potential for similar property transformations throughout the region.
Development is expected to begin immediately, with demolition and construction plans already approved. The project represents a significant investment in Springfield's retail infrastructure and demonstrates the city's commitment to supporting commercial growth.
For a detailed analysis of this property transformation and its impact on Springfield's commercial real estate market, view the complete case study at https://jennings-re.com/retail-development-site-sale-in-springfield-ma-from-funeral-home-to-thriving-car-wash.
Those interested in exploring similar commercial real estate opportunities in Springfield should contact Kevin Jennings at Jennings Real Estate.
About the company: Based in Springfield, Massachusetts, Jennings Real Estate Services, Inc. is a full-service commercial and industrial real estate brokerage firm specializing in the sale and lease of properties throughout Greater Springfield, Western Massachusetts, and Northern Connecticut. Located at 73 Chestnut Street, the firm offers expertise in commercial property transactions, development projects, and real estate investment services. With a strong focus on delivering comprehensive real estate solutions and deep connections to the local community, Jennings Real Estate has established itself as a leading brokerage in the region. Their proven ability to manage complex property transformations positions them as trusted advisors in the commercial and industrial real estate markets.
Contact Info:
Name: Kevin Jennings
Email: Send Email
Organization: Jennings Real Estate Services
Address: 73 Chestnut St, Springfield, MA 01103
Phone: (413) 731-7770
Website: http://www.jennings-re.com/
Release ID: 89146860
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