Standalone Retail
1356 Boston Road Springfield, MA 01119
1356 Boston Road, Springfield, MA, 01119
$475,000
For Sale
$475,000
Standalone retail building offering 1,736 SF and suited for sale or lease.
Property Size1,736 SF
Price / SF$273.62
Days on Market247
Property Features for 1356 Boston Road
General Information
- Standard status
- Active
- Size
- 1,736 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing agency
Berkshire Hathaway Home Service New England Properties
Listed by
Mohammad Burhan
(413) 584-5700
Source
Murphyrealtors
Added: Nov 17, 2025 Updated: Jul 21 at 7:07AM Checked: Jul 22 at 8:20AM
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 Berkshire Hathaway Home Service New England Properties
Investment Insights
Based on property information with market context.
This listing presents a standalone retail building totaling 1,736 SF, offered for sale or lease. The property is configured as a dedicated retail structure rather than a multi-tenant space.
The building is located at 1356 Boston Road in Springfield, MA, and is described as being across from the largest big box development in Springfield. This positioning may support retail visibility for tenants seeking established consumer traffic in the area.
If you’re looking for a self-contained retail option, this standalone building provides a straightforward footprint for retail use in Springfield.
The building is located at 1356 Boston Road in Springfield, MA, and is described as being across from the largest big box development in Springfield. This positioning may support retail visibility for tenants seeking established consumer traffic in the area.
If you’re looking for a self-contained retail option, this standalone building provides a straightforward footprint for retail use in Springfield.
Key Highlights
- Standalone retail building with 1,736 SF
- For sale or for lease
- Year built: 1955
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.2k | $18.00 |
| − Vacancy | −$2.5k | −$1.44 |
| EGI | $28.7k | $16.56 |
| − OpEx | −$8.6k | −$4.97 |
| NOI | $20.1k | $11.59 |
1,736 SF · lease $18.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$287.5K
$251.6K – $335.4K
NOI $20,124 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$471.4K
$412.5K – $550.0K
NOI $32,998 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Aspen Dental - Springfield, ...
Dental Office
Hamati Isam DDS
Dental Office
Dr. Jyotika Tucker, ...
Dental Office
Abunasra Nazeeh DDS
Dental Office
Daniel Lee
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Standalone retail building offering 1,736 SF and suited for sale or lease.
Where is this retail space located?
The property is located at 1356 Boston Road Springfield, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Standalone retail building with 1,736 SF; For sale or for lease; Year built: 1955
