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Office Building with Indoor Parking
For Sale
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146 Chestnut St, Springfield, MA 01103

Former academy space with professional finishes, large windows, and indoor parking for office users.

Property SizeContact for details
Days on Market78

Property Features for 146 Chestnut St

General Information

Standard status Active
Total Parking Spaces 37
Property subtype Office
Lease Type Modified Gross
Investment Type Owner/User

Building Details

Year Built 1923
Year Renovated 2010
Tenancy Single
Listing Agency: CBRE - Hartford
Listed By: Jack Reed · License #9551299
Source: Crexi
Added: Jun 4 Changed: Aug 17 Last Checked: Aug 18 at 2:13PM

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 CBRE - Hartford

Investment Insights

Based on property information with market context.

This office building features professional finishes throughout and large windows that bring in natural light. The interior configuration reflects its former academy use, and it includes indoor parking, which can simplify arrival and day-to-day access for occupants and visitors.

The property is offered for sale or lease and is located at 146 Chestnut Street in Springfield, Massachusetts. It presents an established, ready-for-occupancy office environment in a built-up setting within the city.

For tenants and buyers seeking a workable office footprint without starting from scratch, the building’s existing finishes and windowed spaces can support a range of professional uses. Indoor parking adds practical value for organizations that prioritize convenient, weather-resistant access. While prospective users will want to confirm layout compatibility with their specific workflow needs, the combination of professional interior improvements, daylighting from large windows, and on-site indoor parking makes this building a strong candidate for office operations looking for a finished space.

Key Highlights

  • Office building at 146 Chestnut Street in Springfield, MA (former academy space)
  • Professional finishes throughout
  • Large windows for natural light

Property Analytics

Current Use

Libertas Academy Charter ... High School VCI Solutions (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center 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.

Location Intelligence

Trade Area within ½ mile

3,933
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

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 building - Former academy space with professional finishes, large windows, and indoor parking for office users.
Where is this office building located?
The property is located at 146 Chestnut St Springfield, MA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Office building at 146 Chestnut Street in Springfield, MA (former academy space); Professional finishes throughout; Large windows for natural light
(860) 987-4789 Call to check price and availability
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