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    570-582 Main St Springfield, MA 01119

    For Sale
    $780,000

    Mixed-use property with commercial and residential units in Springfield.

    Lot size:
    0.14 Acres

    Property Features for 570-582 Main St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1900

    Source: Lock and Key Realty Inc. Agent Fallah Razzak

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

    Overview

    Mixed-Use Property in Springfield, MA

    This mixed-use property is located on Main Street in Springfield. The property features commercial and residential spaces. The first floor comprises three storefronts currently used as a church. The second floor contains two residential units. One unit includes 3 bedrooms, 2 bathrooms, a living room, and a kitchen. The second unit has 2 bedrooms, 2 bathrooms, a living room, and a kitchen. The third floor features four units, each with a large bedroom, kitchen, and full bathroom. This property is suitable for investors.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5812346
    Latitude
    42.0939867

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with commercial and residential units in Springfield.
    Where is this mixed-use property located?
    The property is located at 570-582 Main St Springfield, MA.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: - Mixed-use property, ideal for both commercial and residential ventures.; - Located on Main Street.; - Three front stores, presently operating as a church.
    (413) 885-0093
    Request Owner's contact information
    570-582 Main St Springfield, MA 01119
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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
    570-582 Main St Springfield, MA 01119
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