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Springfield Multi-Use Investment Portfolio
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289-307 & 315-333 Bridge St, Springfield, MA 01103

Two income-generating properties on high-traffic Bridge Street in Springfield, MA.

Property Size57,919 SF
Days on Market154

Property Features for 289-307 & 315-333 Bridge St

General Information

Standard status Active
Size 57,919 SF
Property subtype Office, Retail
Zoning B3

Building Details

Buildings 2
Listing Agency: SR Commercial Realty
Listed By: Jeremy Casey · License #9585695
Source: Crexi
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

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 SR Commercial Realty

Investment Insights

Based on property information with market context.

Offered as an investment portfolio, these two multi-use properties are located on Springfield’s high-traffic Bridge Street. The properties can also be purchased individually. The first property, located at 289–307 Bridge St, features approximately 28,303 square feet of net rentable area and 57,919 square feet of gross area across six above-ground floors. It includes retail, office, bar/lounge, and restaurant spaces, along with a sub-grade support area. This building has long-standing tenants providing stable income, with some vacancies that offer value-add opportunities. The second property, located at 315–333 Bridge St, features approximately 26,700 square feet of net rentable and gross area across two above-ground floors. It includes retail and office space, plus a support area. The second floor is currently vacant, providing potential for additional income or redevelopment. Together, the portfolio totals 55,003 square feet of net rentable area and 84,619 square feet of gross building area. This is a rare opportunity to acquire a multi-tenant commercial portfolio on a high-traffic corridor, with diversified income streams from multiple tenant types and value-add and redevelopment potential.

Key Highlights

  • Income‑generating portfolio of two multi‑use commercial properties on high‑traffic Bridge Street.
  • Diversified income streams from retail, office, bar/lounge, and restaurant tenants.
  • Significant net rentable area (55,003 SF) and gross building area (84,619 SF).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service 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

3,679
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?
Mixed-use property - Two income-generating properties on high-traffic Bridge Street in Springfield, MA.
Where is this mixed-use property located?
The property is located at 289-307 & 315-333 Bridge St Springfield, MA.
What are key features of this property?
This property features: Income‑generating portfolio of two multi‑use commercial properties on high‑traffic Bridge Street.; Diversified income streams from retail, office, bar/lounge, and restaurant tenants.; Significant net rentable area (55,003 SF) and gross building area (84,619 SF).
(413) 750-8040 Call to check price and availability
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