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Historic Stacy Building Office Space
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41-43 Taylor St, Springfield, MA 01103

Office space in a renovated historic building.

Space Size2,500 SF
Property Size19,675 SF
Days on Market1567

Property Features for 41-43 Taylor St

General Information

Standard status Active
Size 2,500 SF
Property subtype Office

Building Details

Building Size 19,675 SF
Year Built 1893
Tenancy Multiple

Spaces For Lease

at 41-43 Taylor St Contact us

Suite 301

Size
2,500 SF
Type
Office
Availability
Active
Contact us
Listing Agency: R.J. Greeley Company, Inc.
Listed By: Brendan Greeley · License #MA
Source: Crexi
Added: May 19, 2022 Changed: Aug 8 Last Checked: Aug 29 at 4:53AM

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.

The historic Stacy Building, once home to the Duryea Motor Wagon Company, builder of the first American-built, gasoline-powered engine, offers office space for lease. The Duryea Motor Wagon Company built the first gas-powered automobiles here in the late 1800s. Currently, Taylor Street Dental occupies the fourth floor and parts of the third, while The Learner Center for the Deaf and Bethel Child Care Services have professional offices on the second floor. Approximately 2,500 square feet of space is available on the third floor, featuring exposed brick walls and large windows that provide abundant natural light. The property underwent extensive renovations in 2015, including new common bathrooms and an elevator. The building is ADA compliant and is situated between the Taylor Street Parking Garage and the newly renovated Duryea Way.

Key Highlights

  • Historic significance: Formerly home to the Duryea Motor Wagon Company.
  • Recent renovations: Underwent extensive renovations in 2015, including new common bathrooms and elevator.
  • Abundant natural light: Features huge windows providing a tremendous amount of natural light.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Furniture & Home Goods Tanning Salon Butcher

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

Location Intelligence

Trade Area within ½ mile

3,679
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 - Office space in a renovated historic building.
Where is this office units located?
The property is located at 41-43 Taylor St Springfield, MA.
What are key features of this property?
This property features: Historic significance: Formerly home to the Duryea Motor Wagon Company.; Recent renovations: Underwent extensive renovations in 2015, including new common bathrooms and elevator.; Abundant natural light: Features huge windows providing a tremendous amount of natural light.
More about this property
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