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Commercial Space on State Street
For Lease
$3,000/Mo

687 State A, Springfield, MA 01109

2600+ Sq Ft commercial space, ideal for various businesses.

Space SizeContact for details
Property Size2,600 SF
Lot Size0.05 Acres
Days on Market266

Property Features for 687 State A

General Information

Standard status Active
Size 2,600 SF
Lot size 0.05 Acres
Property subtype Commercial

Building Details

Building Size 2,600 SF
Year Built 2025
Listing Agency:
Listed By: Jessica Mekal
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 19 Last Checked: Aug 20 at 7:51AM

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 Jessica Mekal

Investment Insights

Based on property information with market context.

A commercial space offering over 2600 square feet is available for lease. The space has been fully gutted and features a new roof, presenting a blank canvas suitable for various business concepts. The location is ideal for a laundromat, retail shop, or office. Situated on State Street, the property benefits from high foot traffic and is located less than 5 minutes from downtown Springfield, offering strong visibility and accessibility. The landlord is flexible regarding lease terms and open to various uses, presenting an opportunity to build out a custom space in a high-potential area.

Key Highlights

  • 2600+ Sq Ft commercial space
  • Located in a high foot‑traffic area, less than 5 minutes from downtown Springfield
  • Fully gutted with a brand new roof

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

Demographics for 01109, MA

30,968
Population
10,786
Households
2.9
Avg Household Size
30
Median Age
17%
College-Educated
77%
High-School Grad
5.4 sq mi
ZIP Area
5,735
Density / Sq Mi
$46,821
Median Household Income
$34,971
Median Earnings
$1,112
Median Rent
$203,100
Median Home Value

Market

Lease Benchmarks for Springfield, MA

$15.82 /SF/Yr
Avg Asking Price
$11.66–$21 /SF/Yr
Price Range
17,393 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - 2600+ Sq Ft commercial space, ideal for various businesses.
Where is this retail space located?
The property is located at 687 State A Springfield, MA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 2600+ Sq Ft commercial space; Located in a high foot‑traffic area, less than 5 minutes from downtown Springfield; Fully gutted with a brand new roof
More about this property
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