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Gutted Retail Space
For Lease
$3,000/Mo

687 State # A, Springfield, MA 01109

The fully cleared interior and new roof provide a starting point for a tenant-designed commercial buildout.

Space Size2,600 SF
Days on Market525

Property Features for 687 State # A

General Information

Standard status Active
Size 2,600 SF
Net Rentable 2,600 SF
Property subtype COMMERCIAL

Space & Availability

Available Space 2,600 SF
Contiguous Space 2,600 SF
Condition Shell

Additional Details

Flexible Term Yes

Building Details

Building Size 2,600 SF
Year Built 2025
Listing Agency: Lock and Key Realty Inc.
Listed By: Jessica Mekal
Source: Donnellyandco
Added: Mar 26, 2025 Changed: Aug 31 Last Checked: Aug 30 at 11:37PM

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 Lock and Key Realty Inc.

Investment Insights

Based on property information with market context.

Unit A at 687 State is a retail-oriented commercial space with a fully gutted interior and a brand-new roof. The open condition allows a tenant to shape the premises around a laundromat, retail shop, office, or another business concept. The property information identifies the building as constructed in 2025.

The space is in Springfield, Massachusetts, less than five minutes from downtown. Its location on State Street places the premises within a commercial setting described as having high pedestrian activity, while the landlord is open to flexible lease terms and a broad range of uses.

Key Highlights

  • Fully gutted commercial interior ready for tenant‑designed improvements
  • Brand‑new roof
  • Unit A at 687 State in Springfield, MA 01109

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) 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
$2.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,186
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 36% Groceries 13% Electronics 2%
McDonald's Dining
17,243 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
13,078 visits/mo 0.4 miles
Dollar Tree Shops & Services
12,614 visits/mo 0.3 miles
America's Food Basket Groceries
10,389 visits/mo 0.2 miles
Family Dollar Shops & Services
10,086 visits/mo 0.1 miles

Demographics for 01109, MA

30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value

Market

Lease Benchmarks for Springfield, MA

$15.75 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,126 SF
Avg Space Size

This space is priced 12% below the average of $15.75 /SF/Yr.

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The fully cleared interior and new roof provide a starting point for a tenant-designed commercial buildout.
Where is this retail space located?
The property is located at 687 State # A Springfield, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Fully gutted commercial interior ready for tenant‑designed improvements; Brand‑new roof; Unit A at 687 State in Springfield, MA 01109
More about this property
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