Redevelopment Site with
For Sale
Contact for pricing
Pending
460 Main Street, Springfield, MA 01151
Two land parcels include a 4,000 sq ft office/retail building intended for teardown for future retail development.
Property Size4,000 SF
Days on Market147
Property Features for 460 Main Street
General Information
Standard status
Pending
Size
4,000 SF
Property subtype
Retail, Office
Listing Agency:
Perella Real Estate Co. Inc
Listed By:
Carl Perella · License #MA 9018160
(413) 525-9800
Source:
Crexi
Added: Apr 12
Changed: Aug 21
Last Checked: Aug 31 at 11:19PM
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 Perella Real Estate Co. Inc
Investment Insights
Based on property information with market context.
The offering includes two parcels of land with an existing 4,000 sq ft office/retail building that should be torn down to make way for a larger retail development. The property is being marketed with a plan for a new 9,000 sq ft building.
The redevelopment concept is described as suitable for a Dollar General or a like-kind establishment. The seller’s remarks note interest from national chains.
For developers and retailers considering a ground-up retail project, this site provides a defined starting point with the existing structure slated for removal and an outlined path to a new retail building program.
The redevelopment concept is described as suitable for a Dollar General or a like-kind establishment. The seller’s remarks note interest from national chains.
For developers and retailers considering a ground-up retail project, this site provides a defined starting point with the existing structure slated for removal and an outlined path to a new retail building program.
Key Highlights
- Two parcels of land with a 4,000 SF office/retail building
- 4,000 SF building intended for teardown for future retail development
- Plan mentioned for a 9,000 SF retail building suitable for a Dollar General or similar use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
657
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
7,379 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,151 visits/mo
0.3 miles
Shell
Shops & Services
6,363 visits/mo
0.4 miles
Citizens Bank
Shops & Services
3,267 visits/mo
0.2 miles
Gulf Oil
Shops & Services
1,013 visits/mo
0.3 miles
Demographics for 01151, MA
9,150
Population
3,959
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
77%
High-School Grad
2.4 sq mi
ZIP Area
3,813
Density / Sq Mi
$57,113
Median Household Income
$39,117
Median Earnings
$1,239
Median Rent
$219,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two land parcels include a 4,000 sq ft office/retail building intended for teardown for future retail development.
Where is this commercial land located?
The property is located at 460 Main Street Springfield, MA.
What are key features of this property?
This property features: Two parcels of land with a 4,000 SF office/retail building; 4,000 SF building intended for teardown for future retail development; Plan mentioned for a 9,000 SF retail building suitable for a Dollar General or similar use
