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    886-892 State St Springfield, MA 01109

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    For Lease
    $13 SF/Yr ($3,400 /Mo)

    Restaurant or retail space with existing infrastructure and parking.

    Property size:
    3,000 SF
    Lot size:
    0.45 Acres

    Property Features for 886-892 State St

    General Information

    Size
    3,000 SF
    Lot size
    0.45 Acres

    Source: Pioneer CRE Agent Paul Bongiorni

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant/Retail Space Near Landmark

    This 3,000-square-foot space is available for lease and suitable for restaurant or retail use. It is located across from the historic Indian Motorcycle Building. The unit features plumbing and ductwork already in place for a restaurant. There is ample parking available in the rear. The interior includes a large bar area that can accommodate over 20 seats, a window counter suitable for an additional 20 or more people, and open space for table seating or entertainment. The unit also has three bathrooms, a takeout counter, a large cook/prep area, two entrances, and a double delivery door. Exposed brick is present throughout the space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Aramark, El Sabor De Mami

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5615315
    Latitude
    42.1125908

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    FAQs

    What type of property is this?
    Restaurant - Restaurant or retail space with existing infrastructure and parking.
    Where is this restaurant located?
    The property is located at 886-892 State St Springfield, MA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Plumbing and ductwork already in place for restaurant use.; - **Large bar (20+ seats) and window counter (20+ people).**; - Ample open space for seating or entertainment.
    (413) 312-9299
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    Springfield, MA 01109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    886-892 State St Springfield, MA 01109
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