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Office Campus with Parking
For Sale
Contact for pricing
Pending

120 High St, Springfield, MA 01105

Adjoining buildings combine medical, government, and office functions in an urban-core setting.

Property SizeContact for details
Days on Market142

Property Features for 120 High St

General Information

Standard status Pending
Property subtype Industrial, Mixed Use, Office
Listing Agency: Marcus & Millichap - Boston
Listed By: Harrison Klein · License #MA 9550567
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:57AM

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 Marcus & Millichap - Boston

Investment Insights

Based on property information with market context.

This office property consists of adjoining buildings arranged as a campus on 7.65 acres. The improvements were constructed in 1904 and have supported medical, government, and other office functions, including a modern medical facility of approximately 50,000 square feet. Existing parking totals 675 spaces, providing substantial on-site capacity for the campus.

The property sits in Springfield’s urban core, less than a mile from MGM Springfield Casino and within a half mile of the Federal Courthouse, Arts Conservancy, Springfield High School of Commerce, Springfield Technical Community College, and the Western MA Police Academy. Its existing scale, historic construction, medical presence, and surrounding institutional uses support consideration of office, residential, community, or adaptive-reuse applications. Historic Tax Credits may cover 30-40% of qualified renovation expenses.

Key Highlights

  • 7.65‑acre office campus in Springfield’s urban core
  • 675 parking spaces across the property
  • Originally constructed in 1904

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Furniture & Home Goods Gym & Fitness Center Veterinary Clinic Garden Center Pet Grooming Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,958
Businesses Nearby

Demographics for 01105, MA

12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Adjoining buildings combine medical, government, and office functions in an urban-core setting.
Where is this office building located?
The property is located at 120 High St Springfield, MA.
What are key features of this property?
This property features: 7.65‑acre office campus in Springfield’s urban core; 675 parking spaces across the property; Originally constructed in 1904
(617) 896-7237 Call to check price and availability
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