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Downtown Springfield Commercial Space
For Lease
$1,394/Mo

168 Worthington St, Springfield, MA 01103

Versatile 1,435 sq ft commercial space in downtown Springfield.

Space SizeContact for details
Property Size1,435 SF
Days on Market117

Property Features for 168 Worthington St

General Information

Standard status Active
Size 1,435 SF
Property subtype Commercial

Building Details

Building Size 1,435 SF
Year Built 2024
Listing Agency:
Listed By: Jessica Mekal
Source: Elliman
Added: Apr 24 Changed: Aug 13 Last Checked: Aug 18 at 6:57AM

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 Jessica Mekal

Investment Insights

Based on property information with market context.

Located in downtown Springfield on a high-traffic street, 168 Worthington Street offers a 1,435 sq ft commercial space suitable for various business types. The unit features two entrances, a large open layout, two bathrooms, a private office, and an additional back room with a rear exterior entry. The space provides a blend of charm, character, and functionality. It offers strong visibility and street exposure with steady foot traffic. Tenant is responsible for electricity, which controls the heat and A/C. The location has a walk score of 90, indicating it is a walker's paradise, a transit score of 76, indicating excellent transit, and a bike score of 49, indicating it is somewhat bikeable.

Key Highlights

  • Prime downtown location on a high‑traffic, iconic street with exceptional street exposure and steady foot traffic.
  • 90 days RENT FREE, reducing upfront costs for business setup.
  • Versatile 1,435 sq ft build‑to‑suit commercial space suitable for a wide range of business types.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Carpet & Flooring Store Bakery Tanning Salon

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
$1.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,222
Businesses Nearby
75k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Shops & Services 28% Dining 26% Home Improvements & Furnishings 14%
Savers Thrift Store Apparel
21,151 visits/mo 0.5 miles
Pet Supplies Plus Shops & Services
13,774 visits/mo 0.5 miles
Dunkin' Donuts Dining
10,650 visits/mo 0.4 miles
Bob's Discount Furniture Home Improvements & Furnishings
10,265 visits/mo 0.5 miles
Dunkin' Donuts Dining
8,884 visits/mo 0.4 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

$15.82 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size

This space is priced 26% below the average of $15.82 /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?
Retail space - Versatile 1,435 sq ft commercial space in downtown Springfield.
Where is this retail space located?
The property is located at 168 Worthington St Springfield, MA.
What is the lease rate?
The lease rate is $1,394/Mo.
What are key features of this property?
This property features: Prime downtown location on a high‑traffic, iconic street with exceptional street exposure and steady foot traffic.; 90 days RENT FREE, reducing upfront costs for business setup.; Versatile 1,435 sq ft build‑to‑suit commercial space suitable for a wide range of business types.
More about this property
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