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Historic Retail Space with Bank Vault
For Lease
$17 SF/Yr

1665 Main St, Springfield, MA 01103

1918 building offers tall ceilings, a skylit main area, and a former bank vault.

Space SizeContact for details
Property Size1,608 SF
Days on Market11

Property Features for 1665 Main St

General Information

Standard status Active
Size 1,608 SF
Zoning B3, Legal Conforming

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $8,974

Amenities

soaring ceilings with a large skylight
decommissioned bank vault
back area
historic architectural details

Building Details

Building Size 1,608 SF
Year Built 1918
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #REB.0793882
Source: Alliancepartnersre
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 25 at 4:20AM

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.

Available for lease, this 1,608-square-foot retail space occupies a 1918 building originally constructed as a bank. The interior features soaring ceilings, a large skylight over the main area, a decommissioned vault, additional rear space, and other historic architectural elements. The layout is identified as suitable for bar and restaurant use.

The property is at 1665 Main St in downtown Springfield, near I-91 and Union Station. It is also close to the former Paramount/Hippodrome Theater, where redevelopment is planned, as well as City Hall, the MassMutual Center, the Basketball Hall of Fame, MGM casino, and the newly selected courthouse site.

Key Highlights

  • 1,608‑square‑foot retail space in a 1918 building
  • Large skylight illuminates the primary interior area
  • Decommissioned bank vault provides additional enclosed space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Storage Facility Garden Center Furniture & Home Goods Veterinary Clinic

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,309
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Dining 37% Hotels & Casinos 15%
Dunkin' Donuts Dining
8,884 visits/mo 0.3 miles
Shell Shops & Services
8,060 visits/mo 0.4 miles
La Quinta Inn & Suites Springfield Hotels & Casinos
3,647 visits/mo 0.3 miles
Berkshire Bank Shops & Services
3,041 visits/mo 0.4 miles
Extra Space Storage Shops & Services
328 visits/mo 0.2 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

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% above the average of $15.97 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1918 building offers tall ceilings, a skylit main area, and a former bank vault.
Where is this retail space located?
The property is located at 1665 Main St Springfield, MA.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 1,608‑square‑foot retail space in a 1918 building; Large skylight illuminates the primary interior area; Decommissioned bank vault provides additional enclosed space
More about this property
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