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Historic Retail and Office Building
For Lease
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1373 Main St, Springfield, MA 01103

Retail and office spaces in downtown Springfield's historic building.

Space Size1,056 SF
Property Size41,329 SF
Days on Market686

Property Features for 1373 Main St

General Information

Standard status Active
Size 1,056 SF
Property subtype Retail, Office, Restaurant
Lease Type Modified Gross

Building Details

Building Size 41,329 SF
Year Built 1909
Tenancy Multiple

Spaces For Lease

at 1373 Main St Contact us

rear

Size
1,056 SF
Type
Office, Restaurant, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Crexi
Added: Oct 16, 2024 Changed: Aug 31 Last Checked: Aug 31 at 11:17PM

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.

The Bookstore Building at 1373-1383 Main is a historic building offering retail and office spaces in downtown Springfield. It is located within the Market Place complex, providing convenient access to City Hall, MassMutual Center, and area highways.

Key Highlights

  • Historic retail and office building.
  • Located in downtown Springfield.
  • Part of the Market Place complex.

Property Analytics

Current Use

Las Kangris Restaurant ... Restaurant

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

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

$15.97 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size

This space is priced 6% below the average of $15.97 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and office spaces in downtown Springfield's historic building.
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: Historic retail and office building.; Located in downtown Springfield.; Part of the Market Place complex.
(413) 459-0570 Call to check price and availability
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