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First-Floor Office/Retail Space
For Lease
$18 SF/Yr

1387-1391 Main St #110, Springfield, MA 01103

First-floor suite offers flexible office space with possible retail use in a prominent downtown Springfield location.

Space SizeContact for details
Property Size3,000 SF
Days on Market104

Property Features for 1387-1391 Main St #110

General Information

Standard status Active
Size 3,000 SF
Zoning B3

Taxes and HOA fees

Annual Taxes $92,069

Building Details

Building Size 3,000 SF
Year Built 1915
Listing Agency: Pioneer CRE
Listed By: Paul J Bongiorni · License #9575704
Source: 413realestate
Added: Jul 9 Changed: Oct 14 Last Checked: Oct 19 at 3:52AM

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

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Investment Insights

Based on property information with market context.

First-floor office suite with possible retail space availability. The space is located in the lobby of Harrison Place, with adjacency to Chase Bank.

Situated for convenient downtown Springfield access and prominence. The suite’s entry and positioning within the building lobby support visibility to building visitors.

This listing presents a versatile ground-level option for an operator seeking a space that can work as office space, with retail use potentially available.

Key Highlights

  • First‑floor office suite with possible retail use available for lease
  • Located in the lobby of Harrison Place, adjacent to Chase Bank
  • Convenient and prominent downtown Springfield location

Property Analytics

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Current Use

Office Units

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
$2.70 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Springfield, MA

$17.81 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
13,682 SF
Avg Space Size

This space is priced 1% above the average of $17.81 /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

Frequently Asked Questions

What type of property is this?
Office unit - First-floor suite offers flexible office space with possible retail use in a prominent downtown Springfield location.
Where is this office unit located?
The property is located at 1387-1391 Main St #110 Springfield, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: First‑floor office suite with possible retail use available for lease; Located in the lobby of Harrison Place, adjacent to Chase Bank; Convenient and prominent downtown Springfield location
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