Mixed-Use Development Opportunity Near
For Sale
$200,000
36 Loring St, Springfield, MA 01105
Three parcels near MGM Springfield, offering development and creative space.
Property Size3,490 SF
Price / SF$56.13
Days on Market111
Property Features for 36 Loring St
General Information
Standard status
Active
Size
3,490 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,947
Building Details
Building Size
3,490 SF
Year Built
1923
Listing Agency:
(413) 374-9979
Listed By:
Nick Gelfand
(413) 374-9979
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 16 at 10:22AM
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 Nick Gelfand
Investment Insights
Based on property information with market context.
This offering presents a package sale featuring three parcels zoned Residence C. The left parcel, spanning 3,228 square feet, previously accommodated a two-family home and is identified as potentially developable, pending city approval. The right parcel, encompassing 4,994 square feet, formerly housed a six-family home and is also listed with the city as potentially developable. The rear parcel is improved with a warehouse/office building of 3,563 square feet, most recently utilized as a photography studio. The studio space includes a large open area with tall ceilings and a well-preserved 1980s kitchen used for photoshoots. Additional office and support space is available on the second level. The versatile layout is suitable for creative, studio, or content-production uses, among other possibilities. This unique investment opportunity is located near MGM Springfield, the Naismith Memorial Basketball Hall of Fame, and the various amenities of downtown Springfield. The location has a walk score of 71, indicating it is very walkable, and a transit score of 71, indicating excellent transit. The bike score is 32, indicating it is somewhat bikeable. Buyers should verify zoning, development potential, and intended use.
Key Highlights
- Three parcels included, offering development potential (subject to city approval)
- Rear parcel improved with a warehouse/office building suitable for creative, studio, or content‑production uses
- Located near MGM Springfield, Naismith Memorial Basketball Hall of Fame, and downtown Springfield amenities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,947
Businesses Nearby
Explore this area
Business Placement
Demographics for 01105, MA
12,051
Population
5,554
Households
2.2
Avg Household Size
33
Median Age
8%
College-Educated
64%
High-School Grad
1.2 sq mi
ZIP Area
10,043
Density / Sq Mi
$22,994
Median Household Income
$24,078
Median Earnings
$976
Median Rent
$238,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three parcels near MGM Springfield, offering development and creative space.
Where is this mixed-use property located?
The property is located at 36 Loring St Springfield, MA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Three parcels included, offering development potential (subject to city approval); Rear parcel improved with a warehouse/office building suitable for creative, studio, or content‑production uses; Located near MGM Springfield, Naismith Memorial Basketball Hall of Fame, and downtown Springfield amenities
