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    1380 Main St Springfield, MA 01103

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Office Space, Flexible Sizes Available

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office space, located at 1380 Main Street in Springfield, MA, offers two immediately available suites within a Class C, 50,000 square foot professional building. The suites boast sizes ranging from a highly efficient 594 square feet to a spacious 3,300 contiguous square feet, providing flexibility for businesses of various scales. Currently, a combined 3,894 square feet of vacant space is ready for immediate occupancy. Each suite features large offices with abundant natural light from windows overlooking Main Street, perfect for creating a productive and inspiring work environment. Additional amenities include welcoming reception areas and convenient kitchenettes. The building's strategic location in downtown Springfield provides easy access to major transportation routes, ensuring seamless commutes for employees and clients. Furthermore, the proximity to parking garages and popular attractions such as the MassMutual Center and MGM Casino adds to the overall convenience and appeal of this location. The rental rate is $14 per square foot, plus utilities. Free parking is available at the nearby MGM Casino. This is an unparalleled opportunity to establish a thriving business in a vibrant and accessible downtown setting. Contact us today to schedule a viewing and secure your ideal workspace.

    Property Features for 1380 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Class
    C
    Total Rate
    58333.33

    Unit(s) available at that property

    Space
    Suite 202
    Size
    3,300 SF
    Rate per SF
    $14
    Space
    405
    Size
    594 SF
    Rate per SF
    $14

    HighLights

    • 50,000 SF Class C office building in Hampden County.
    • Multiple suites available, ranging from 594 to 3,300 contiguous SF.
    • Currently, 3,894 SF of vacant space is available.
    • Rent is $14/SF, plus utilities.
    • Amenities include reception areas, kitchenettes, and convenient access to major transportation routes and parking (free parking at MGM Casino is noted).
    Property Profile Location Intelligence

    Current Use by Public Records

    Nicklas Danielle I Attorney Fingold Rona S Attorney Neville & Kerr LLC Attorney John W. Davis Attorney Jeanne A Liddy Law ... Attorney

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Law Firm Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5929401
    Latitude
    42.105218

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, Flexible Sizes Available
    Where is this office property / space located?
    The property is located at 1380 Main St Springfield, MA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 50,000 SF Class C office building in Hampden County.; Multiple suites available, ranging from 594 to 3,300 contiguous SF.; Currently, 3,894 SF of vacant space is available.
    Request Owner's contact information
    1380 Main St Springfield, MA 01103
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    Springfield, MA 01103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1380 Main St Springfield, MA 01103
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