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    Springfield, MA
    Creative Space

    Springfield, MA Creative Space for Sale

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    Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA South Hadley, MA
    Flex Space with Development Parcels
    Updated: May 29
    Flex Space with Development Parcels

    36 Loring St, Springfield, MA 01105

    $200,000
    3,490 sqft 0.08 AC lot
    Three‑parcel package totaling 11,785 SF
    Rear parcel includes a 3,563 SF warehouse/office building
    3,228 SF left parcel identified as potentially developable, subject to city approval
    4,994 SF right parcel identified as potentially developable, subject to city approval
    Open layout with tall ceilings and a preserved 1980s kitchen
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    Three-Story Commercial Building with Bar
    Updated: Mar 5
    Three-Story Commercial Building with Bar

    21-23 Hampden Street, Springfield, MA 01103

    $450,000
    4,826 sqft
    Convenient access to I‑91 and Union Station intermodal facility.
    4,826 square feet of space on three levels plus a basement.
    Two‑story event space.
    Basement with a full kitchen.
    Located near a vibrant downtown district with businesses, art galleries, and eateries.
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    See hot listings in Springfield

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Industrial Flex Space
    Industrial Flex Space

    420 Race St, Holyoke, MA 01040

    Contact for pricing
    23,432 sqft

    IG-zoned property with adaptable studio and warehouse configurations.

    View details
    Lower-Level Office Unit
    Lower-Level Office Unit

    7 Village Green Drive Unit A10, Litchfield, CT 06759

    Contact for pricing
    1,329 sqft

    Flexible lower-level commercial space near Litchfield’s town center, anchored by Stop & Shop and established local businesses.

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    Lower-Level Office Unit
    Lower-Level Office Unit

    7 Village Green Drive Unit A9, Litchfield, CT 06759

    Contact for pricing
    1,336 sqft

    Flexible commercial space suited to offices, appointment-based services, wellness providers, and creative studio operations.

    View details
    Flexible Industrial Space
    Flexible Industrial Space

    81 Sargeant St, Holyoke, MA 01040

    Contact for pricing

    Industrial-flex suites offer drive-in access and high ceilings for varied commercial uses.

    View details

    Springfield, MA Creative Space Market Trends and Statistics

    Explore 2 creative space for sale in Springfield, MA on our real estate platform. These investment opportunities span a total of 8,316 square feet of properties for sale, with an estimated market value of $650,000.

    Sale prices for creative space in Springfield, MA start at $200,000, averaging $325,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 96
    Medical Office Space 33
    Office buildings 30
    Coworking space 4
    Creative space 3

    Demographics Overview

    Population 171K
    Population Growth (5Y) +1.4%
    Median Household Income $60,860
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01105 $200K
    01103 $450K

    Taxes & Financing

    Tax Rate (average for all types) 3.26%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Springfield, MA

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    • 01105

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