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Historic Restaurant Space with Skylight
New
For Lease
$17 SF/Yr

1665 Main St, Springfield, MA 01103

Former bank space offers high ceilings, a skylit main area, and a vault for storage or creative use.

Space SizeContact for details
Days on Market3

Property Features for 1665 Main St

General Information

Standard status Active

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1918
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Nrgrealestate
Added: Sep 1 Last Checked: Sep 1 at 8:53PM

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.

This historic commercial space was built in 1918 as a bank and retains architectural elements from that original use. The interior features soaring ceilings, a large skylight over the main area, a rear section, and a decommissioned bank vault that can provide storage or support other creative applications. The layout is suited to bar and restaurant operations.

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

Key Highlights

  • 1918 building originally constructed as a bank
  • Soaring ceilings and a large skylight illuminate the main area
  • Decommissioned bank vault offers storage or alternative‑use potential

Property Analytics

Current Use

Conventional restaurants

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
Under-served
Demand for This Use

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

$24.37 /SF/Yr
Avg Asking Price
$14.46–$49 /SF/Yr
Price Range
2,250 SF
Avg Space Size

This space is priced 30% below the average of $24.37 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former bank space offers high ceilings, a skylit main area, and a vault for storage or creative use.
Where is this conventional restaurant 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: 1918 building originally constructed as a bank; Soaring ceilings and a large skylight illuminate the main area; Decommissioned bank vault offers storage or alternative‑use potential
More about this property
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