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Third-Floor Office Suite
For Lease
$16 SF/Yr

1319-1323 Main Street Unit 360, Springfield, MA 01103

A 450-square-foot workspace is located within the Market Place complex in downtown Springfield.

Space Size450 SF
Days on Market22

Property Features for 1319-1323 Main Street Unit 360

General Information

Standard status Active
Size 450 SF
Net Rentable 450 SF

Space & Availability

Available Space 450 SF
Contiguous Space 450 SF
Floor 3
Space Use Office

Site & Location

Neighborhood Metro Center

Building Details

Year Built 1876
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Gogginsrealestate
Added: Oct 12 Changed: Nov 1 Last Checked: Nov 1 at 6:14AM

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

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Investment Insights

Based on property information with market context.

The 450-square-foot office unit is on the third floor of Market Place at 1319-1323 Main Street, Unit 360, in downtown Springfield. The building dates to 1876.

City Hall and area highways are nearby. Other businesses and organizations at Market Place include the Springfield Regional Visitor Center, Springfield Business Improvement District, Mocha Trade Coffee Company, Nosh Cafe, and Minuteman Press.

Key Highlights

  • 450 SF office unit on the third floor
  • Located at 1319‑1323 Main Street, Unit 360, Springfield, MA 01103
  • Market Place complex in downtown Springfield

Property Analytics

Current Use

Office Units

Suggested Use

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

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,901
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

Lease Benchmarks for Springfield, MA

$16.62 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
10,595 SF
Avg Space Size

This space is priced 4% below the average of $16.62 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - A 450-square-foot workspace is located within the Market Place complex in downtown Springfield.
Where is this office unit located?
The property is located at 1319-1323 Main Street Unit 360 Springfield, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 450 SF office unit on the third floor; Located at 1319‑1323 Main Street, Unit 360, Springfield, MA 01103; Market Place complex in downtown Springfield
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