Historic Mixed-Use Office
For Sale
Contact for pricing
109 Chestnut Street, Springfield, MA 01103
Mixed-use office building offers Opportunity Zone eligibility and multiple historic tax credit programs.
Property Size38,000 SF
Days on Market124
Property Features for 109 Chestnut Street
General Information
Standard status
Active
Size
38,000 SF
Property subtype
Mixed Use, Office
Additional Details
Opportunity Zone
Yes
Listing Agency:
Atlantic And Southern Capital
Listed By:
Fred Rowe, CCIM · License #MA BK9000003
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 9:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic And Southern Capital
Investment Insights
Based on property information with market context.
Opportunity Zone eligible mixed-use property totaling approximately 38,000 +/- SF, presented as a for-sale opportunity at 109 Chestnut Street in Springfield, MA. The building is described as qualifying for State and Federal Historic tax credit status, New Market Tax Credit approval, and MGM Blue Tarp redevelopment district participation.
The public remarks indicate the property is well located within the Historic Apremont Triangle and within walking distance to MGM Casino, the newly renovated Union Station, the Quadrangle (Cultural Arts & Museums), and Springfield Technical Community College.
While the available information focuses on eligibility for multiple financing and credit programs and the building’s mixed-use configuration, additional details on unit layout, condition, and income potential are not provided in the supplied data.
The public remarks indicate the property is well located within the Historic Apremont Triangle and within walking distance to MGM Casino, the newly renovated Union Station, the Quadrangle (Cultural Arts & Museums), and Springfield Technical Community College.
While the available information focuses on eligibility for multiple financing and credit programs and the building’s mixed-use configuration, additional details on unit layout, condition, and income potential are not provided in the supplied data.
Key Highlights
- 38,000+/- SF mixed‑use property in the Historic Apremont Triangle
- Building qualifies for Opportunity Zone status
- State and Federal Historic tax credit status
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,340
Businesses Nearby
Explore this area
Business Placement
Demographics for 01103, MA
2,545
Population
1,728
Households
1.5
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
0.4 sq mi
ZIP Area
6,363
Density / Sq Mi
$21,458
Median Household Income
$38,156
Median Earnings
$1,053
Median Rent
$148,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Mixed-use office building offers Opportunity Zone eligibility and multiple historic tax credit programs.
Where is this office building located?
The property is located at 109 Chestnut Street Springfield, MA.
What are key features of this property?
This property features: 38,000+/- SF mixed‑use property in the Historic Apremont Triangle; Building qualifies for Opportunity Zone status; State and Federal Historic tax credit status
