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Second-Floor Office Unit
For Lease
$24 SF/Yr

7-73 Chestnut St, Springfield, MA 01103

Single-room workspace in a historic professional building with shared common areas.

Space SizeContact for details
Days on Market526

Property Features for 7-73 Chestnut St

General Information

Standard status Active

Space & Availability

Floor 2
Space Use Office

Taxes and HOA fees

Annual Taxes $18,215

Amenities

common areas
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni
Source: Exprealty
Added: Mar 25, 2025 Changed: Aug 30 Last Checked: Aug 31 at 6:29PM

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 single-room office occupies the second floor of the Rose Cottage Professional Building, a historic office property with maintained shared areas and a quiet professional setting.

The building is in downtown Springfield, next to the Springfield Museums campus. Nearby dining, businesses, and attractions support convenient access, while the property benefits from both pedestrian and vehicle activity.

Key Highlights

  • Single‑room office on the second floor
  • Historic Rose Cottage Professional Building
  • Shared common areas

Property Analytics

Current Use

Office Units

Suggested Use

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

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,004
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

$17.52 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
11,262 SF
Avg Space Size

This space is priced 37% above the average of $17.52 /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
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Frequently Asked Questions

What type of property is this?
Office units - Single-room workspace in a historic professional building with shared common areas.
Where is this office units located?
The property is located at 7-73 Chestnut St Springfield, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Single‑room office on the second floor; Historic Rose Cottage Professional Building; Shared common areas
More about this property
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