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Office Building with Large Parking Field
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125 Liberty Street, Springfield, MA 01103

Substantial office building offering extensive on-site parking for tenants, occupants, and future redevelopers.

Property Size54,720 SF
Days on Market91

Property Features for 125 Liberty Street

General Information

Standard status Active
Size 54,720 SF
Total Parking Spaces 193
Property subtype Office

Additional Details

Highway Access Yes
Listing Agency: CBRE - Boston
Listed By: Zack Mittelstadt · License #9579330
Source: Cbre
Added: Jun 7 Changed: Sep 4 Last Checked: Sep 4 at 3:15AM

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 CBRE - Boston

Investment Insights

Based on property information with market context.

This offering features an existing office building with a large parking field providing 193 spaces. The property is positioned for practical day-to-day access, with parking on-site to support employee and visitor needs.

The building is located at the intersection of Dwight Street and Liberty Street in Springfield, Massachusetts. Access is supported by immediate access to Interstate 291, with Interstate 91 approximately 0.5 miles away and the Mass Pike about five miles from the site. The area includes several prominent nearby employers and destinations, including Mercy Medical Hospital (0.7 miles), MassMutal Center (0.5 miles), and MGM Springfield (0.7 miles).

For buyers and operators, this is a straightforward option for an office-oriented use where parking is a priority. The property also presents an opportunity for those considering value-add or redevelopment, supported by the combination of an existing office structure and sizable on-site parking.

Key Highlights

  • Existing office building with a large on‑site parking field with 193 spaces
  • Located at the intersection of Dwight Street and Liberty Street
  • Immediate access to Interstate 291; Interstate 91 is about 0.5 miles away

Property Analytics

Current Use

Dahdul Adnan M ... Physician Mr. David Hill Medical Clinic Unlimited Medical Diagnostic ... Medical Laboratory Dr. Victoria Peters Pediatrician Stechenberg Leon MD Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Garden Center Storage Facility Furniture & Home Goods Veterinary Clinic

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,846
Businesses Nearby

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 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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Substantial office building offering extensive on-site parking for tenants, occupants, and future redevelopers.
Where is this office building located?
The property is located at 125 Liberty Street Springfield, MA.
What are key features of this property?
This property features: Existing office building with a large on‑site parking field with 193 spaces; Located at the intersection of Dwight Street and Liberty Street; Immediate access to Interstate 291; Interstate 91 is about 0.5 miles away
More about this property
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