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Main St Springfield, MA 01103

Sponsored
For Sale
$475,000

High-visibility, multi-unit office building near MGM.

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional investment opportunity presents a two-story professional office building situated on a 0.2-acre lot in Springfield, MA, just blocks from the MGM casino. The building boasts approximately 5,658 square feet of space, divided into four units—two on each floor. Two larger units, each approximately 1,829 square feet, are located on the left side of the building, while two smaller units, each approximately 1,000 square feet, are situated on the right. The first-floor units benefit from access to a partially finished basement, offering potential for expansion or additional storage. Each unit features separate gas and electric meters, providing efficient utility management. The property includes an ample 20-car paved parking lot, enclosed by a fence, ensuring convenient parking for tenants and visitors. Significant upgrades have been implemented, including the replacement of the second-floor windows and roof approximately 10 years ago, and the installation of energy-efficient LED lighting throughout. Furthermore, one of the HVAC units was replaced less than two years ago, demonstrating a commitment to ongoing maintenance and operational efficiency. The building's high visibility and proximity to the MGM casino make it an attractive proposition for a variety of businesses. All information is provided as per the owner. This property presents a compelling opportunity for investors seeking a well-maintained, multi-unit office building in a prime Springfield location. The 8891 square foot lot provides ample space for the building and parking.

Property Features for Main St

General Information

Property type
Other commercial real estate
Lot Size
8,712 SF

Building Details

Year Built
1951

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Springfield
County
Hampden
State
Massachusetts
Longitude
-72.62651
Latitude
42.0892

FAQs

What type of property is this?
Commercial real estate - High-visibility, multi-unit office building near MGM.
Where is this commercial real estate located?
The property is located at Main St Springfield, MA.
What is the asking price?
The asking price for this property is $475,000.
More about this property
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