The STEAM Building

208 Race Street, Holyoke, MA 01040

Property Information

  • For Sale $3,950,000
  • Property Type Office - General Office
  • Property Size 68,000 SF
  • Units 22
  • Lot Size 1.1 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1903
  • Year Renovated 2022
  • Date Updated May 15, 2026

Description

Considered the "Arts and Industry" Overlay District, this area has seen a renaissance in development. Older manufacturing buildings being converted to offices, theaters, and housing. Across the street from the "Canal Walk", a City renovation of the historic canal system. Holyoke has one of the lowest utility costs in the New England, they control electric ratse due to the generation of power via the Holyoke dam.Presenting 208 Race Street, an ideal investment opportunity for Office/Office Building investors in the Western Mass area. This 68,000 SF building, with 22 units, underwent a comprehensive renovation in 2014, seamlessly blending historic charm with modern functionality. Zoned IG and currently at 50% occupancy, this property offers significant potential for growth, making it an attractive addition to any investment portfolio.

Highlights

  • "Arts and Industry" District
  • 68,000 SF
  • Beautifully Converted to Offices
  • Huge Upside Potential
  • Located on the Historic Canal System
  • On-Site Parking

Contacts

William Low

Low & Picard Real Estate Services

Location

Located at 208 Race Street, Holyoke, MA 01040, this property is part of the Downtown Holyoke neighborhood and Worcester Springfield market.

Contact Listing Broker
William Low

Low & Picard Real Estate Services

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