Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    357 Cottage Street Springfield, MA 1104

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Warehouse and office spaces available in Springfield Industrial Park.

    Type:Industrial
    Property size:
    5,600 SF
    Added:
    Mar 6, 2026
    Days on Market:
    26
    Last Refresh:
    Mar 26 at 11:34 pm

    Property Features for 357 Cottage Street

    General Information

    Standard status
    Active
    Size
    5,600 SF
    Property subtype
    Industrial

    Properties For Sale

    at 357 Cottage Street Contact us

    We can help!

    Listing Contact
    Brendan Greeley

    Listing agent Brendan Greeley

    Listing office RJ Greeley Company

    Listing date Mar 6, 2026

    Source Rjgco

    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 RJ Greeley Company

    Overview

    Springfield Warehouse and Office Space

    Located at 357 Cottage Street in Springfield, MA, this property offers two available spaces. One space is a newly finished second-floor office area of approximately 2,400 square feet. The other space is a warehouse of approximately 5,600 square feet, featuring 11-foot ceilings and three loading docks: two measuring 8'x10' and one measuring 8'x8'. The property provides 46 on-site shared parking spaces directly in front of the main entrance, along with pylon and building signage. Situated in the heart of the Springfield Industrial Park, across the street from Dunkin Donuts, the location offers excellent visibility with a traffic count of 16,000 vehicles per day. The property is located 1 mile from Interstate 291 and 2 miles from Interstate 90, providing proximity to major highways and public transportation.
    Location Intelligence

    Current Use by Public Records

    Braiders Edge Hair Salon HomeWorks Energy HVAC Service ATM Atm Affordable Baths, Inc. Renovation Specialist Laughing Latinos Comedy DJ & Entertainment

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy Gym & Fitness Center

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

    Similar Places Nearby

    • Page Blvd Self Storage — 991 Page Blvd, Springfield, MA 01104
    • Otter Self Storage — 192 Cadwell Dr, Springfield, MA 01104

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5405
    Latitude
    42.1435

    Nearby Similar for Sale

    • $339,000
      3,278 SF

      Springfield Multifamily Investment Opportunity

      Two-family home with income potential and expansion possibilities.
      32 Wendell Pl, Springfield, MA 01105
      View Details
    • $340,000
      1,696 SF

      Well-Maintained Two-Family Home

      Move-in ready two-family home near amenities and transportation.
      456-458 Page Blvd, Springfield, MA 01104
      View Details
    • $284,900
      2,720 SF

      Springfield Two-Family Investment Opportunity

      Two-family property with strong rental potential near amenities.
      1045-1047 Worcester St, Springfield, MA 01151
      View Details
    • $415,000
      3,163 SF

      Turnkey Springfield Multifamily Property

      Two-family property with renovated unit and long-term tenant.
      15 Malden St, Springfield, MA 01108
      View Details
    • $450,000
      4,826 SF

      Three-Story Commercial Building with Bar

      4,826 SF commercial building with bar, event space, kitchen.
      21-23 Hampden Street, Springfield, MA 01103
      View Details
    • $975,000
      3,507 SF

      Corner Lot Retail/Office Property

      Retail/office property on a busy corner with high visibility.
      908 Allen St, Springfield, MA
      View Details
    • $299,000
      2,710 SF

      Office, Retail, or Medical Space

      2,710 SF space suitable for office, retail, or medical use.
      34 Sumner Avenue, Springfield, MA 01108
      View Details
    • $599,000
      6,375 SF

      Downtown Springfield Retail and Restaurant

      Retail and restaurant space in downtown Springfield.
      1021 Main St, Springfield, MA 01103
      View Details
    • $399,000
      5,458 SF

      Springfield Industrial Building For Sale

      5,458 SF industrial building with excellent highway access.
      184 Stafford Street, Springfield, MA, 01104
      View Details
    • $1,075,000
      4,326 SF

      Office Building on High-Traffic Artery

      4,326 SF office building with development potential on 1.26 acres.
      1205-1211 Boston Road, Springfield, MA 01119
      View Details
    • $249,000
      2,657 SF

      Medical/Office Space For Sale/Lease

      2,657 SF medical/office space in Mercy Medical Center.
      299 Carew Street, Springfield, MA 01104
      View Details
    • $2,000,000

      Turnkey Medical Space For Sale

      Prime commercial space in Springfield's vibrant retail corridor.
      532 Sumner Avenue, Springfield, MA 01108
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse and office spaces available in Springfield Industrial Park.
    Where is this warehouse located?
    The property is located at 357 Cottage Street Springfield, MA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Excellent location in the heart of the Springfield Industrial Park, minutes from Interstate 90 and Interstate 91.; High visibility with a traffic count of 16,000 vehicles per day.; **5,600 square feet of warehouse space with 11‑foot ceilings and 3 loading docks.**
    (413) 734-7923
    We can help!
    Listing Contact
    Brendan Greeley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!