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Retail Space in Downtown Springfield
For Lease
$15 SF/Yr

1341 Main St rear, Springfield, MA 01103

Retail space for lease in downtown Springfield's Market Place.

Space SizeContact for details
Property Size1,556 SF
Lot Size0.13 Acres
Days on Market267

Property Features for 1341 Main St rear

General Information

Standard status Active
Size 1,556 SF
Lot size 0.13 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,637

Building Details

Building Size 1,556 SF
Year Built 1959
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #REB.0793882
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 10 Last Checked: Aug 22 at 9:21AM

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 retail space is available for lease within the Market Place complex, situated at the intersection of Main and Market Streets in downtown Springfield. The space offers approximately 1,556 square feet and features a private entrance on Market Street. Its location is across from the MassMutual Center and the new Convention Center Carpark.

Key Highlights

  • Prime retail space in downtown Springfield
  • Located across from MassMutual Center and new Convention Center Carpark
  • Private entrance on Market Street

Property Analytics

Current Use

Alchemy Nail Bar Nail Salon Young's Beauty Supply (Bike/Boat/Book/etc) Store Nosh Cafè and Restaurant Restaurant Bank of America ATM Atm The HUB Association / Organization

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic 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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,829
Businesses Nearby
63k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Leisure 35% Shops & Services 19% Hotels & Casinos 6%
Regal MGM Springfield Leisure
22,010 visits/mo 0.3 miles
Burger King Dining
16,461 visits/mo 0.4 miles
Wahlburgers Dining
9,084 visits/mo 0.3 miles
Citizens Bank Shops & Services
4,520 visits/mo 0.4 miles
M&T Bank Shops & Services
3,717 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

Market

Lease Benchmarks for Springfield, MA

$15.82 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size

This space is priced 5% below the average of $15.82 /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 - Retail space for lease in downtown Springfield's Market Place.
Where is this retail space located?
The property is located at 1341 Main St rear Springfield, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime retail space in downtown Springfield; Located across from MassMutual Center and new Convention Center Carpark; Private entrance on Market Street
More about this property
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