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Second-Floor Office Suite
For Lease
$24 SF/Yr

73 Chestnut St #7, Springfield, MA 01103

Single-room office unit on the second floor within a historic professional building downtown Springfield.

Space SizeContact for details
Property Size248 SF
Days on Market526

Property Features for 73 Chestnut St #7

General Information

Standard status Active
Size 248 SF
Total Parking Spaces 1
Zoning B3

Additional Details

Office Units 1

Taxes and HOA fees

Annual Taxes $18,215

Building Details

Building Size 248 SF
Year Built 1899
Listing Agency: Pioneer CRE
Listed By: Paul J Bongiorni · License #REB.0793882
Source: Insightrealtygroup
Added: Mar 25, 2025 Changed: Aug 8 Last Checked: Aug 31 at 12:33PM

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 a single-room suite located within the Rose Cottage Professional Building. The building offers shared common areas and is set up for a quiet, professional work environment.

Positioned in downtown Springfield, the property is conveniently located next to the Springfield Museums campus and benefits from both foot and car traffic. The surrounding area includes nearby businesses and dining options, with attractions close by.

Suite 7 is available for lease and is suited for an office user looking for a straightforward, compact workspace within a historic downtown office setting.

Key Highlights

  • Single‑room office unit for lease on the second floor
  • Located in the Rose Cottage Professional Building, a historic office property
  • Building year built: 1899

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

1
Office units
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

$17.52 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
11,262 SF
Avg Space Size

This space is priced 37% above the average of $17.52 /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
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Frequently Asked Questions

What type of property is this?
Office units - Single-room office unit on the second floor within a historic professional building downtown Springfield.
Where is this office units located?
The property is located at 73 Chestnut St #7 Springfield, MA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Single‑room office unit for lease on the second floor; Located in the Rose Cottage Professional Building, a historic office property; Building year built: 1899
More about this property
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