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    56 Margaret St Springfield, MA 01105

    For Sale
    $589,900

    Historic Springfield landmark with endless possibilities in thriving South End.

    Lot size:
    0.15 Acres

    Property Features for 56 Margaret St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1910

    Source: Berkshire Hathaway HomeServices Realty Professionals Agent Chester Ardolino

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

    Overview

    Iconic Springfield Landmark For Sale

    This meticulously maintained Springfield landmark, formerly a fire station and convent, is located in the South End, near Starbucks, MGM, Mt. Carmel Church, South End Middle School, and the new Square One School, with easy highway access. The property is positioned in a thriving area of business and education and offers possibilities for a charter school, offices, group home, church, or social service agency. The building features a commercial-grade kitchen, an open-area meeting space, bathrooms with showers, and 12 individual rooms. It also includes a double-wide driveway and a garage. The buyer is responsible for verifying all information and potential uses with the City of Springfield.
    Location Intelligence

    Current Use by Public Records

    Italian Cultural Center Cultural Center

    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
    -72.5842799
    Latitude
    42.0964699

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    FAQs

    What type of property is this?
    Church & religious facility - Historic Springfield landmark with endless possibilities in thriving South End.
    Where is this church & religious facility located?
    The property is located at 56 Margaret St Springfield, MA.
    What is the asking price?
    The asking price for this property is $589,900.
    What are key features of this property?
    This property features: - Iconic Springfield landmark with historical significance.; - Meticulously maintained with evident pride of ownership.; - Ideally located in the South End, close to amenities and with easy highway access.
    (413) 221-0310
    Request Owner's contact information
    56 Margaret St Springfield, MA 01105
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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
    56 Margaret St Springfield, MA 01105
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