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Downtown Springfield Office Space
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75 Market Place, Springfield, MA 01103

Professional office suite in a prime downtown location.

Space Size210 SF
Property Size11,500 SF
Days on Market885

Property Features for 75 Market Place

General Information

Standard status Active
Size 210 SF
Property subtype Office

Building Details

Building Size 11,500 SF
Year Built 1893
Tenancy Single

Spaces For Lease

at 75 Market Place Contact us

Available Space

Size
210 SF
Type
Office
Availability
Active
Contact us
Listing Agency: R.J. Greeley Company, Inc.
Listed By: Brendan Greeley · License #MA
Source: Crexi
Added: Apr 4, 2024 Changed: Aug 25 Last Checked: Aug 31 at 8:05PM

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 R.J. Greeley Company, Inc.

Investment Insights

Based on property information with market context.

Located in Springfield, Massachusetts, 75 Market Place is a four-story, 11,500-square-foot office building. The building is equipped with an elevator, is fully heated and cooled, and has a sprinkler system. Currently occupied by attorneys and other professional users, the property is situated in the heart of downtown, near the Civic Center Garage and within walking distance of the Springfield Courthouse. Suite 401, located on the fourth floor, offers approximately 210 square feet of space. The suite features ample natural light, hardwood floors, and high ceilings. Shared amenities include two conference rooms, a kitchenette, and two bathrooms. One on-site, dedicated parking space is included with the suite. This is a quiet professional office building.

Key Highlights

  • Prime downtown location within walking distance of the Springfield Courthouse
  • Includes one on‑site, dedicated parking space
  • Features ample natural light, hardwood floors, and high ceilings

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,632
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

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?
Office units - Professional office suite in a prime downtown location.
Where is this office units located?
The property is located at 75 Market Place Springfield, MA.
What is the lease rate?
The lease rate is $13,800/Mo.
What are key features of this property?
This property features: Prime downtown location within walking distance of the Springfield Courthouse; Includes one on‑site, dedicated parking space; Features ample natural light, hardwood floors, and high ceilings
More about this property
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