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Corner Office/Retail Building
For Sale
Contact for pricing
Pending

113 State St, Springfield, MA 01103

Approximately 46,488 SF office/retail building on a corner lot with easy highway access and strong visibility.

Property SizeContact for details
Days on Market120

Property Features for 113 State St

General Information

Standard status Pending
Property subtype Office
Listing Agency: The Colebrook Group
Listed By: Mitch Bolotin · License #MA 134459
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 6:07AM

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 The Colebrook Group

Investment Insights

Based on property information with market context.

This offering presents an approximately 46,488 SF office/retail building situated on approximately 0.1801 acres at the corner of State and Main Streets. The property is presented for sale by Colebrook Realty Services, Inc. as exclusive agent, and is described as having easy highway access and excellent visibility.

The building’s corner positioning supports strong street presence, and it is noted as being in close proximity to the new MGM Casino. This combination of access and visibility is intended to serve a variety of office and retail-oriented needs.

Prospective buyers should review the on-site configuration and finish details during their due diligence, as they are not provided in the public remarks.

Key Highlights

  • Approximately 46,488 SF office/retail building
  • Corner lot on State and Main Streets on approximately 0.1801 acres
  • Easy highway access

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Bakery Veterinary Clinic (Bike/Boat/Book/etc) Store Locksmith Furniture & Home Goods Carpet & Flooring Store

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

3,745
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
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Frequently Asked Questions

What type of property is this?
Office building - Approximately 46,488 SF office/retail building on a corner lot with easy highway access and strong visibility.
Where is this office building located?
The property is located at 113 State St Springfield, MA.
What are key features of this property?
This property features: Approximately 46,488 SF office/retail building; Corner lot on State and Main Streets on approximately 0.1801 acres; Easy highway access
More about this property
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