Multi-Use Income-Generating Bridge Street
For Sale
$1,800,000
289-307 Bridge St Springfield, Springfield, MA 01103
Multi-tenant commercial portfolio on high-traffic corridor with value-add opportunities.
Property Size57,919 SF
Price / SF$31.08
Days on Market106
Property Features for 289-307 Bridge St Springfield
General Information
Standard status
Active
Size
57,919 SF
Zoning
B3
Taxes and HOA fees
Annual Taxes
$42,475
Building Details
Year Built
1923
Listing Agency:
SR Commercial Realty
(508) 501-1443
Listed By:
Leanne McCormick · License #9585695
(508) 501-1443
Source:
Milestonerealtyinc
Added: May 15
Changed: Aug 28
Last Checked: Aug 28 at 7:20AM
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 SR Commercial Realty
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
Current Use
Location Intelligence
Trade Area within ½ mile
3,679
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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)
