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Restaurant or Retail Walkway Space
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1373 Main St, Springfield, MA 01103

Retail or restaurant space with a brick-paved walkway location and prior coffee shop use.

Space Size1,056 SF
Days on Market682

Property Features for 1373 Main St

General Information

Standard status Active
Size 1,056 SF
Property subtype RETAIL

Spaces For Lease

at 1373 Main St
1373 Main St $15/SF/Yr
Floor 1
Size 1,056 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
Retail or potential restaurant space for lease at the Bookstore Building in downtown Springfield. The space is located on Market Street's brick paved walkway and has great foot traffic. The space is approximately 1,056 SF and was most recently used as a coffee shop. Many potential uses.
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Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Moodyscre
Added: Dec 6, 2024 Changed: Oct 11 Last Checked: Oct 19 at 8:15AM

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

Rey
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Investment Insights

Based on property information with market context.

Retail or potential restaurant space is available for lease at the Bookstore Building in downtown Springfield. The unit is located on Market Street’s brick-paved walkway, and is described as having strong pedestrian traffic.

The space is approximately 1,056 square feet and was most recently used as a coffee shop. It may be suitable for a variety of other concepts, depending on the needs of the tenant and approvals.

Key Highlights

  • Approximately 1,056 SF retail/restaurant space available for lease at the Bookstore Building in downtown Springfield
  • Located on Market Street’s brick‑paved walkway
  • Most recently used as a coffee shop

Property Analytics

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Current Use

Las Kangris Restaurant ... Restaurant

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Bakery

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
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Market

Lease Benchmarks for Springfield, MA

$15.77 /SF/Yr
Avg Asking Price
$12.5–$21 /SF/Yr
Price Range
19,398 SF
Avg Space Size

This space is priced 5% below the average of $15.77 /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

Frequently Asked Questions

What type of property is this?
Retail space - Retail or restaurant space with a brick-paved walkway location and prior coffee shop use.
Where is this retail space located?
The property is located at 1373 Main St Springfield, MA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 1,056 SF retail/restaurant space available for lease at the Bookstore Building in downtown Springfield; Located on Market Street’s brick‑paved walkway; Most recently used as a coffee shop
(413) 459-0570 Call to check price and availability
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