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    1300 Worcester St Springfield, MA 01151

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    For Sale
    $499,943

    Commercial building with garage bays and dealership parking spots.

    Lot size:
    0.36 Acres

    Property Features for 1300 Worcester St

    General Information

    Lot size
    0.36 Acres

    Building Details

    Year built
    1945

    Source: The LGCY Group LLC Agent Jaquaine Coe

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

    Overview

    Commercial Building with Garage Bays

    This commercial building presents an opportunity for various business ventures, including car sales, car rentals, car repair, and event space rentals. The property features 6 garage bays and 49 dealership parking spots. A state inspection bay is also included. The building offers a substantial amount of office space. Currently, one bay garage is rented for $1700 per month.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Ed's Custom Muffler Shop, Orchard Auto Sales & Repair, Performance Auto Accessories LLC, A&J AUTOMOTIVE, Gene's Alignment Tire and Brake

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5005975
    Latitude
    42.158819

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    FAQs

    What type of property is this?
    Auto shop - Commercial building with garage bays and dealership parking spots.
    Where is this auto shop located?
    The property is located at 1300 Worcester St Springfield, MA.
    What is the asking price?
    The asking price for this property is $499,943.
    What are key features of this property?
    This property features: - Multiple Business Opportunities: Suitable for car sales, rentals, repair, and event space rentals.; - High Parking Capacity: Includes 49 dealership parking spots.; - Multiple Garage Bays: Features 6 garage bays for various business operations.
    (508) 989-6943
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    1300 Worcester St Springfield, MA 01151
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    Springfield, MA 01151
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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
    1300 Worcester St Springfield, MA 01151
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