Search
Commercial Land with Improvements
For Sale
$530,000

438-442 Chestnut St, Springfield, MA 01107

Existing improvements include a new roof, HVAC, and two additional lots currently used for parking.

Property Size4,000 SF
Price / SF$132.50
Days on Market87

Property Features for 438-442 Chestnut St

General Information

Standard status Active
Size 4,000 SF

Building Details

Year Built 1905
Listing Agency: First Place Realty
Listed By: Stephen Byrne
Source: Valkyrierealtyllc
Added: Jun 5 Changed: Aug 29 Last Checked: Aug 25 at 5:47AM

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 First Place Realty

Investment Insights

Based on property information with market context.

This B1-zoned commercial land offering includes a 4,000-square-foot building constructed in 1905, with a new roof and HVAC system. The sale also includes two separate building lots measuring 5,070 square feet and 5,702 square feet; both are currently used for parking. The barbershop operating in the center building is excluded from the sale.

The property is located at 438-442 Chestnut St in Springfield, Massachusetts, at an intersection described as heavily traveled. Hospitals are nearby, and the site offers access to highways. The combined offering provides existing building improvements along with additional land parcels and parking areas.

Key Highlights

  • 4,000‑square‑foot commercial building constructed in 1905
  • New roof and HVAC system
  • Includes two additional building lots measuring 5,070 square feet and 5,702 square feet

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Tech Support Center Bakery

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

2,234
Businesses Nearby

Demographics for 01107, MA

11,252
Population
4,534
Households
2.5
Avg Household Size
32
Median Age
14%
College-Educated
65%
High-School Grad
1.5 sq mi
ZIP Area
7,501
Density / Sq Mi
$31,969
Median Household Income
$31,543
Median Earnings
$963
Median Rent
$215,500
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Existing improvements include a new roof, HVAC, and two additional lots currently used for parking.
Where is this commercial land located?
The property is located at 438-442 Chestnut St Springfield, MA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: 4,000‑square‑foot commercial building constructed in 1905; New roof and HVAC system; Includes two additional building lots measuring 5,070 square feet and 5,702 square feet
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