The STEAM Building

For Sale

208 Race Street, Holyoke, MA 01040

This Holyoke property for sale is located at 208 Race Street. The general use of The STEAM Building is office and it incorporates 68,000 square feet of class B office space. The current listed sale price for The STEAM Building is $3,950,000. The STEAM Building is situated on a lot that is 1.1 acre in size.

Contacts

William Low

Low & Picard Real Estate Services

Property Details

  • 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 29, 2026
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.
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Highlights

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

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 57/100

    Transit Score ®

  • 50/100

    Bike Score ®

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Location

  • City Holyoke, MA
  • Neighborhood Downtown Holyoke
  • Zip Code 01040
  • Market Worcester Springfield

Points of Interest

  • Green Cab

    8.03 miles

  • Stop & Shop

    1.09 miles

  • Racing mart

    1.27 miles

  • Pride

    1.30 miles

  • Speedway

    1.68 miles

  • Stop & Shop Gas

    2.35 miles

  • Big Y Express

    2.60 miles

  • Shell

    2.61 miles

  • Cumberland Farms

    2.74 miles

  • Tesla Supercharger

    4.99 miles

  • ChargePoint

    8.06 miles

  • MGHPCC Parking

    0.07 miles

  • Q Lot

    2.11 miles

  • P Lot

    2.17 miles

  • N Lot

    2.20 miles

  • O Lot

    2.20 miles

  • M Lot

    2.24 miles

  • R Lot

    2.27 miles

  • A Lot

    2.30 miles

  • L Lot

    2.31 miles

  • S Lot (Visitor Parking)

    2.32 miles

  • Hampton Inn

    2.42 miles

  • Residence Inn

    2.46 miles

  • Fairfield Inn & Suites

    2.58 miles

  • Tru by Hilton

    2.61 miles

  • Quality Inn

    2.71 miles

  • Springfield Inn

    4.04 miles

  • Knights Inn

    4.06 miles

  • Willits-Hallowell Conference Center & Hotel

    4.17 miles

  • Super 8

    4.18 miles

  • Red Roof Inn

    4.55 miles

  • Aunty's Market

    0.99 miles

  • Stop & Shop

    1.06 miles

  • Holyoke Shopping Center

    1.82 miles

  • Super Stop & Shop

    1.90 miles

  • Big Y

    2.37 miles

  • Walmart Supercenter

    2.63 miles

  • ALDI

    2.65 miles

  • JCPenney

    2.87 miles

  • Target

    3.02 miles

  • Macy's

    3.17 miles

Contact Listing Broker
William Low

Low & Picard Real Estate Services

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