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Downtown Springfield Retail and Office
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1319 Main St, Springfield, MA 01103

Prominent building in downtown Springfield near MassMutual Center.

Space Size1,280 SF - 1,434 SF
Property Size22,957 SF
Days on Market706

Property Features for 1319 Main St

General Information

Standard status Active
Size 1,280 SF - 1,434 SF
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 22,957 SF
Year Built 1876
Tenancy Multiple

Spaces For Lease

at 1319 Main St Contact us

Unit 110

Size
1,432 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Unit 320

Size
1,434 SF
Type
Office, Retail
Availability
Active
Contact us

Unit 350

Size
1,280 SF
Type
Office, Retail
Availability
Active
Contact us
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Crexi
Added: Sep 26, 2024 Changed: Aug 31 Last Checked: Aug 29 at 2:39AM

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 prominent retail and office building is situated in downtown Springfield, across from Court Street, which houses City Hall and Symphony Hall, and the MassMutual Center. The building's tenants include the Springfield Business Improvement District, Springfield Regional Visitor Center, and iHeartMedia. The property benefits from high visibility due to its location on Main Street and Court Square, as well as the Market Place dining and retail courtyard.

Key Highlights

  • Prominent retail and office building in downtown Springfield.
  • Located across from Court Street (City Hall, Symphony Hall) and the MassMutual Center.
  • Highly visible from busy Main Street and Court Square.

Property Analytics

Current Use

William C. Sullivan ... Travel Agency City Jewelry (Bike/Boat/Book/etc) Store Westfield Bank - ATM ... Atm

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
$2.10 /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

$15.97 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size

This space is priced 12% below the average of $15.97 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Prominent building in downtown Springfield near MassMutual Center.
Where is this retail space located?
The property is located at 1319 Main St Springfield, MA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Prominent retail and office building in downtown Springfield.; Located across from Court Street (City Hall, Symphony Hall) and the MassMutual Center.; Highly visible from busy Main Street and Court Square.
(413) 459-0570 Call to check price and availability
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