Downtown Springfield Retail and
For Sale
$599,000
1021 Main St, Springfield, MA 01103
Retail and restaurant space in downtown Springfield.
Property Size6,375 SF
Lot Size0.16 Acres
Price / SF$93.96
Days on Market579
Property Features for 1021 Main St
General Information
Standard status
Active
Size
6,375 SF
Lot size
0.16 Acres
Property subtype
Commercial/Industrial
Taxes and HOA fees
Annual Taxes
$23,158
Building Details
Year Built
1958
Listing Agency:
Berkshire Hathaway HomeServices Realty Professionals
(413) 883-2406
Listed By:
Rula Baki · License #452512182
(413) 883-2406
Source:
Exitrealty
Added: Jan 7, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:30PM
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 Berkshire Hathaway HomeServices Realty Professionals
Investment Insights
Based on property information with market context.
This property is located in downtown Springfield and features a currently rented retail store along with restaurant space. The building was updated in 2013. The property offers the potential for investors to earn income from existing tenants or explore new business ventures. Nearby amenities include the MGM Casino, MassMutual Center, and the Basketball Hall of Fame, as well as museums and highway access. The property contains 6375 square feet.
Key Highlights
- Prime downtown Springfield location.
- Income‑generating property with existing retail and restaurant tenants.
- Updated building (2013).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,745
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Leisure 23%
Shops & Services 12%
Hotels & Casinos 7%
Regal MGM Springfield
Leisure
22,010 visits/mo
0.1 miles
Starbucks
Dining
18,583 visits/mo
0.3 miles
Burger King
Dining
16,461 visits/mo
0.2 miles
Dunkin' Donuts
Dining
11,451 visits/mo
0.3 miles
Wahlburgers
Dining
9,084 visits/mo
0.1 miles
Demographics for 01103, MA
2,545
Population
1,728
Households
1.5
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
0.4 sq mi
ZIP Area
6,363
Density / Sq Mi
$21,458
Median Household Income
$38,156
Median Earnings
$1,053
Median Rent
$148,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail and restaurant space in downtown Springfield.
Where is this retail space located?
The property is located at 1021 Main St Springfield, MA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime downtown Springfield location.; Income‑generating property with existing retail and restaurant tenants.; Updated building (2013).
