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Downtown Springfield Office Unit
For Lease
$24 SF/Yr

73 Chestnut St 6, Springfield, MA 01103

Second floor office unit in historic downtown Springfield building.

Space SizeContact for details
Property Size100 SF
Lot Size0.14 Acres
Days on Market159

Property Features for 73 Chestnut St 6

General Information

Standard status Active
Size 100 SF
Lot size 0.14 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $18,215

Building Details

Building Size 100 SF
Year Built 1899
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:41AM

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 Pioneer CRE

Investment Insights

Based on property information with market context.

This second-floor office unit is available for lease within the Rose Cottage Professional Building, a historic office property located in downtown Springfield, Massachusetts. The building features common areas and benefits from foot and car traffic. Situated next to the Springfield Museums campus, the location provides access to dining options, neighboring businesses, and attractions.

Key Highlights

  • Convenient downtown Springfield location with high foot and car traffic.
  • Situated next to the Springfield Museums campus.
  • Historic office property (Rose Cottage Professional Building).

Property Analytics

Current Use

John B. Stewart, ... Law Firm Jared Olanoff, Attorney ... Law Firm Cheryl A. Parker Law Firm Ciccia S Joseph Law Firm Kenefick Thomas A Law Firm

Suggested Use

Top Pick Carpet & Flooring Store Veterinary Clinic Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,004
Businesses Nearby

Demographics for 01103, MA

2,545
Population
1,728
Households
1.5
Avg Household Size
39
Median Age
36%
College-Educated
82%
High-School Grad
0.4 sq mi
ZIP Area
6,363
Density / Sq Mi
$21,458
Median Household Income
$38,156
Median Earnings
$1,053
Median Rent
$148,000
Median Home Value

Market

Lease Benchmarks for Springfield, MA

$17.88 /SF/Yr
Avg Asking Price
$11–$24 /SF/Yr
Price Range
11,945 SF
Avg Space Size

This space is priced 34% above the average of $17.88 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Second floor office unit in historic downtown Springfield building.
Where is this office units located?
The property is located at 73 Chestnut St 6 Springfield, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Convenient downtown Springfield location with high foot and car traffic.; Situated next to the Springfield Museums campus.; Historic office property (Rose Cottage Professional Building).
More about this property
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