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Multi-Use Income-Generating Bridge Street Property

289-307 Bridge St Springfield Springfield, MA 01103

Claim this Listing
For Sale
$1,800,000

Multi-tenant commercial portfolio on high-traffic corridor with value-add opportunities.

Property size:
57,919 SF
Price / SF:
$31.08/SF
Added:
May 15, 2026
Days on Market:
61
Last Refresh:
Jun 29 at 9:54 pm

Property Features for 289-307 Bridge St Springfield

General Information

Standard status
Active
Size
57,919 SF

Building Details

Year Built
1923

Listing office

Listing date May 15, 2026

Source Milestonerealtyinc

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 Leanne McCormick


Investment Insights

Based on property information with market context.

Located on Springfield’s high-traffic Bridge Street, 289–307 Bridge St is a multi-use, income-generating property offered as part of an investment portfolio. The building features retail, office, bar/lounge, and restaurant spaces, as well as a sub-grade support area. The six-story building has a gross area of 57,919 square feet and a net rentable area of 28,303 square feet. The property has long-standing tenants generating stable income, with some vacancies offering value-add opportunities. The portfolio includes another property at 315–333 Bridge St, which has 26,700 square feet of net rentable area and 26,700 square feet of gross area across two above-ground floors. This second building includes retail and office space, plus a support area. The second floor is currently vacant, providing potential for additional income or redevelopment. The portfolio totals 55,003 square feet of net rentable area and 84,619 square feet of gross building area, offering diversified income streams from multiple tenant types. The properties are city-approved and move-in ready, presenting a rare opportunity to acquire a multi-tenant commercial portfolio.

Key Highlights

  • High‑traffic location on Bridge Street
  • Significant net rentable square footage (55,003 SF total for the portfolio)
  • Diversified income streams from multiple tenant types (retail, office, bar/lounge, restaurant)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Multi-tenant commercial portfolio on high-traffic corridor with value-add opportunities.
Where is this mixed-use property located?
The property is located at 289-307 Bridge St Springfield Springfield, MA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑traffic location on Bridge Street; Significant net rentable square footage (55,003 SF total for the portfolio); Diversified income streams from multiple tenant types (retail, office, bar/lounge, restaurant)
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