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    299 Carew St Springfield, MA 01104

    For Sale
    $65,000

    Turn-key medical office condo in Mercy Hospital Physicians Office.

    Property size:
    465 SF
    Lot size:
    1.05 Acres

    Property Features for 299 Carew St

    General Information

    Size
    465 SF
    Lot size
    1.05 Acres

    Source: Coldwell Banker Realty | Western Massachusetts Agent Ann Turnberg

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

    Overview

    Medical Office Condo Opportunity

    This 465-square-foot medical office condo is located in the Mercy Hospital Physicians Office. Situated on the second floor as a bright, private end-unit, the property features a waiting area, reception desk, and an executive office with views of the Mercy lobby. The building includes approximately 46 medical office condos and offers direct access to the main hospital, administrative areas, restrooms, and cafeteria. The condo is suitable for a psychiatrist, therapist, dentist, chiropractor, neurologist, or an aesthetic clinic, and its layout also makes it ideal for other professional or wellness-related fields. The monthly condo fee of $249.43 covers heat, water, sewer, and maintenance.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Robert H Osofsky ... Otolaryngologist Pediatric Care Associates Pediatrician Trinity Health Of New ... Gastroenterologist Dr. John Griggs Plastic Surgeon David G Doctor ... Orthopedic Surgeon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5932137
    Latitude
    42.1158772

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    FAQs

    What type of property is this?
    Medical office - Turn-key medical office condo in Mercy Hospital Physicians Office.
    Where is this medical office located?
    The property is located at 299 Carew St Springfield, MA.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Turn-key medical office condo, fully furnished and ready for immediate occupancy.; - Direct access to Mercy Hospital, administrative areas, restrooms, and cafeteria.; - Located in the highly regarded Mercy Hospital Physicians Office building.
    (413) 374-3762
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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
    299 Carew St Springfield, MA 01104
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