Second-Floor Office
New
For Lease
$1,000/Mo
116 Elm Street, West Springfield, MA 01089
The suite has an open reception area and two large offices, with heat and electricity included in the rent.
Space SizeContact for details
Property Size750 SF
Days on Market6
Property Features for 116 Elm Street
General Information
Standard status
Active
Size
750 SF
Zoning
CBD, Legal Conforming
Space & Availability
Floor
2
Space Use
Office
Private Offices
2
Lease Terms
Lease Rate
$1,000 /USD/MO
Total Rate
$1,000
Monthly Rent
$1,000
Taxes and HOA fees
Annual Taxes
$57,696
Building Details
Building Size
750 SF
Year Built
1948
Listing Agency:
Bostonia Properties
(617) 738-7000
Listed By:
Kate Duggan · License #144768
(617) 418-9882
Source:
Bostoniaproperties
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:32PM
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 Bostonia Properties
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Investment Insights
Based on property information with market context.
A 750-square-foot office suite occupies the building’s second floor, with an open reception area and two large offices. The property was built in 1948 and is zoned CBD, Legal Conforming.
Surface parking is available behind the building, with additional on-street parking. Nearby businesses and services include a Post Office, CVS, Celery Stalk and Tandem Bagel.
Surface parking is available behind the building, with additional on-street parking. Nearby businesses and services include a Post Office, CVS, Celery Stalk and Tandem Bagel.
Key Highlights
- 750‑square‑foot second‑floor office suite
- Open reception area and two large offices
- CBD, Legal Conforming zoning
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 01089, MA
28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for West Springfield, MA
$17.58 /SF/Yr
Avg Asking Price
$9–$23 /SF/Yr
Price Range
3,535 SF
Avg Space Size
This space is priced 9% below the average of $17.58 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The suite has an open reception area and two large offices, with heat and electricity included in the rent.
Where is this office unit located?
The property is located at 116 Elm Street West Springfield, MA.
What is the lease rate?
The lease rate is $1,000/Mo.
What are key features of this property?
This property features: 750‑square‑foot second‑floor office suite; Open reception area and two large offices; CBD, Legal Conforming zoning
