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Two-Property Storefront Portfolio
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512-518 Main Street, Springfield, MA 01151

Two fully occupied retail properties with BA zoning occupy a Main Street commercial setting in Springfield.

Property Size19,382 SF
Price / SF$108.35
Days on Market129

Property Features for 512-518 Main Street

General Information

Standard status Active
Size 19,382 SF
Class B
Total Parking Spaces 19
Property subtype Hospitality, Retail, Office
Zoning BA
Occupancy 100%
Lease Type NNN
Investment Type Value Add

Building Details

Year Built 1921
Buildings 2
Units 25
Tenancy Multi
Listing Agency: KW Commercial | Northeast Solutions
Listed By: Rosa Zhang · License #MA9580094
Source: Crexi
Added: Apr 26 Changed: Aug 30 Last Checked: Aug 30 at 4:22PM

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 KW Commercial | Northeast Solutions

Investment Insights

Based on property information with market context.

This offering comprises two storefront retail properties with a combined property size of 19382. Both properties are reported at 100% occupancy, providing a fully leased retail configuration within one portfolio. The buildings date to 1921 and carry BA zoning.

The properties are located at 512-518 Main Street in Springfield’s Indian Orchard area. The site is positioned within an established commercial corridor with access to local amenities and transportation connections.

Key Highlights

  • Two storefront retail properties included in one portfolio
  • 100% occupancy across the portfolio
  • BA zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Law Firm Cafe & Coffee Shop Locksmith Acupuncture

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

652
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cumberland Farms Shops & Services
7,379 visits/mo 0.1 miles
Family Dollar Shops & Services
7,151 visits/mo 0.3 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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Mark Henry Florist 439 Main St B, Indian Orchard, MA 01151
  • Heavenly Inspirations Flowers & Gifts 64 East St, Ludlow, MA 01056

Frequently Asked Questions

What type of property is this?
Storefront property - Two fully occupied retail properties with BA zoning occupy a Main Street commercial setting in Springfield.
Where is this storefront property located?
The property is located at 512-518 Main Street Springfield, MA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Two storefront retail properties included in one portfolio; 100% occupancy across the portfolio; BA zoning
(857) 200-5443 Call to check price and availability
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