First-Floor Restaurant
For Lease
$17 SF/Yr
128-148 Maple St Front, Springfield, MA 01103
Includes an existing hood and additional restaurant equipment for food-service use.
Space SizeContact for details
Days on Market52
Property Features for 128-148 Maple St Front
General Information
Standard status
Active
Space & Availability
Floor
1
Space Use
Restaurant
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1958
Listing Agency:
Pioneer CRE
Listed By:
Paul Bongiorni · License #9575704
(413) 459-0570
Source:
Alpernandmesenbourg
Added: Jul 21
Changed: Sep 8
Last Checked: Sep 9 at 10:17PM
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 Pioneer CRE
Investment Insights
Based on property information with market context.
This first-floor restaurant premises is configured as second-generation space and includes an existing hood along with additional equipment. The property is part of Maple Office Park and was built in 1958.
The location is on Maple Street near the edge of downtown Springfield, with access to I-91 and surrounding residential neighborhoods. Downtown amenities are also nearby, providing an established urban setting for restaurant operations.
The location is on Maple Street near the edge of downtown Springfield, with access to I-91 and surrounding residential neighborhoods. Downtown amenities are also nearby, providing an established urban setting for restaurant operations.
Key Highlights
- First‑floor, second‑generation restaurant premises
- Existing hood and additional restaurant equipment included
- Located at Maple Office Park near downtown Springfield
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Commercial hood
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,813
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Leisure 23%
Shops & Services 11%
Hotels & Casinos 6%
Regal MGM Springfield
Leisure
22,010 visits/mo
0.4 miles
Starbucks
Dining
18,583 visits/mo
0.4 miles
Burger King
Dining
16,461 visits/mo
0.4 miles
Dunkin' Donuts
Dining
11,451 visits/mo
0.3 miles
Wahlburgers
Dining
9,084 visits/mo
0.3 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Springfield, MA
$24.37 /SF/Yr
Avg Asking Price
$14.46–$49 /SF/Yr
Price Range
2,471 SF
Avg Space Size
This space is priced 30% below the average of $24.37 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Includes an existing hood and additional restaurant equipment for food-service use.
Where is this conventional restaurant located?
The property is located at 128-148 Maple St Front Springfield, MA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: First‑floor, second‑generation restaurant premises; Existing hood and additional restaurant equipment included; Located at Maple Office Park near downtown Springfield
