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Mixed-Use Building with Storefronts
New
For Sale
$450,000

166-168 Main Street, Springfield, MA 01151

Two storefronts open onto a building with rear warehouse storage and separate utility service.

Property Size12,443 SF
Price / SF$36.16
Days on Market6

Property Features for 166-168 Main Street

General Information

Standard status Active
Size 12,443 SF
Property subtype Multi-family
Zoning Business-A

Site & Location

Neighborhood Indian Orchard
Utilities to Site Yes
Mixed-Use Components commercial, residential

Additional Details

Property Use Mixed use

Building Details

Year Built 1900
Buildings 1
Listing Agency: Lock and Key Realty Inc.
Listed By: Fallah Razzak · License #9525064
Source: Cbcommunityrealtors
Added: Nov 1 Changed: Nov 4 Last Checked: Nov 4 at 1:59PM

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 Lock and Key Realty Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 12,443-square-foot mixed-use property at 166-168 Main St in Springfield has two storefronts, warehouse storage at the rear, and commercial and residential units. Each utility service is separate. The building dates to 1900.

The property is being sold subject to an open City of Springfield building code enforcement matter. Buyers should review the attached disclosures and conduct their own due diligence on use, zoning, and permitting.

Key Highlights

  • 12,443‑square‑foot mixed‑use property
  • Two storefronts with warehouse storage at the rear
  • Commercial and residential units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store HVAC Service Auto Parts Store

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 01151, MA

9,150
Population
3,959
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
77%
High-School Grad
2.4 sq mi
ZIP Area
3,813
Density / Sq Mi
$57,113
Median Household Income
$39,117
Median Earnings
$1,239
Median Rent
$219,800
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Hampden County, MA

$117 Jul
$116 Aug
$92.26 Sep
$146 Oct

Properties on Market for Mixed-use properties in Hampden County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two storefronts open onto a building with rear warehouse storage and separate utility service.
Where is this mixed-use property located?
The property is located at 166-168 Main Street Springfield, MA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 12,443‑square‑foot mixed‑use property; Two storefronts with warehouse storage at the rear; Commercial and residential units
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