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Monkey Wrench Office Units
For Lease
$500/Mo
Pending

304-125 Main St, Springfield, MA 01151

Functional workspace with heat and electricity included in the lease.

Space SizeContact for details
Days on Market658

Property Features for 304-125 Main St

General Information

Standard status Pending

Space & Availability

Space Use Office
Condition Move-in Ready
Available From Immediate

Site & Location

Highway Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $7,241
Listing Agency: Lock and Key Realty Inc.
Listed By: Armando Ruiz
Source: Exprealty
Added: Nov 12, 2024 Changed: Aug 30 Last Checked: Aug 31 at 6:06PM

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.

The Monkey Wrench Building provides office units suited to conventional business operations and creative workspace uses. The space is described as fully functional and ready for occupancy, with heat and electricity included as part of the lease arrangement.

Located in downtown Springfield, the property offers access to major highways and on-site parking for occupants and visitors. Its setting supports convenient commuting and client visits while keeping office users within the activity of downtown. The building presents a practical option for businesses seeking a flexible commercial workspace with utilities incorporated into the lease.

Key Highlights

  • Heat and electricity included in the lease
  • Office units suitable for traditional office and creative workspace uses
  • Downtown Springfield location

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Locksmith Acupuncture Gym & Fitness Center

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

Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 01151, MA

9,150
Population
3,959
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
77%
High-School Grad
2.4 sq mi
ZIP Area
3,813
Density / Sq Mi
$57,113
Median Household Income
$39,117
Median Earnings
$1,239
Median Rent
$219,800
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

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
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Frequently Asked Questions

What type of property is this?
Office units - Functional workspace with heat and electricity included in the lease.
Where is this office units located?
The property is located at 304-125 Main St Springfield, MA.
What is the lease rate?
The lease rate is $500/Mo.
What are key features of this property?
This property features: Heat and electricity included in the lease; Office units suitable for traditional office and creative workspace uses; Downtown Springfield location
More about this property
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