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    Springfield, MA Office Units for Sale

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    Spacious Office Condo Near Hospital
    Updated: Apr 25
    Spacious Office Condo Near Hospital

    299 Carew St #134, Springfield, MA 01104

    $329,900
    1,063 sqft
    Generously sized 1,063 sq. ft. office condo.
    Convenient location in Mercy Hospital Medical Center.
    Flexible, open‑concept layout.
    Includes 1 full bathroom.
    Plenty of parking space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    299 Carew St #134, Springfield, MA 01104

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $209K
      Suggested

    • Last Sold

      Jun 2023
      $172K

    • Property Type

      Commercial Condominium (Not Offices)
      Built 1990
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    Multi-Use Income-Generating Bridge Street Property
    Updated: May 15
    Multi-Use Income-Generating Bridge Street Property

    289-307 Bridge St, Springfield, MA 01103

    $1,800,000
    57,919 sqft
    High‑traffic location on Bridge Street
    Significant net rentable square footage (55,003 SF total for the portfolio)
    Diversified income streams from multiple tenant types (retail, office, bar/lounge, restaurant)
    Stable income from long‑standing tenants
    Value‑add opportunities through existing vacancies
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    Mixed-Use Property in Commercial Corridor
    Mixed-Use Property in Commercial Corridor

    939 E Columbus Ave, Springfield, MA 01105

    $499,000
    5,140 sqft

    5,140 SF mixed-use property in a high-traffic commercial area.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,675,000
    11,250 sqft

    Mixed-use building with 15 residential apartments and 2 commercial spaces, including vacancies and recently updated units.

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    Spacious Office Condo For Sale
    Spacious Office Condo For Sale

    299 Carew St 134, Springfield, MA 01104

    $329,900
    1,063 sqft

    1,063 sq ft office condo near Mercy Medical Center.

    View details
    Flex Space with Office and Fenced Yard
    Flex Space with Office and Fenced Yard

    184 Stafford St, Springfield, MA 01104

    Contact for pricing
    5,458 sqft 0.50 AC lot

    Small flex/industrial building with office space, ample parking, and a fenced yard on 0.5 acres.

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    Standalone Corner Office Building
    Standalone Corner Office Building

    271 Belmont Avenue, Springfield, MA 01108

    $229,999
    1,044 sqft

    Standalone corner property with paved, gated parking and interior rooms suited for office or wellness-related uses.

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    Corner Lot Office Building with Parking
    Corner Lot Office Building with Parking

    5 Barber St, Springfield, MA 01109

    Contact for pricing
    1,647 sqft

    Freestanding office building with paved parking, large yard, four private offices/bedrooms, and an unfinished basement with laundry hookups.

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    Downtown Office Suite
    Downtown Office Suite

    1380 Main Street, Springfield, MA 01103

    Contact for pricing
    594 sqft

    Multiple office suites offer reception areas and offices with large windows in a professional building.

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    Downtown First-Floor Flex Space
    Downtown First-Floor Flex Space

    1675 Main St, Springfield, MA 01103

    Contact for pricing
    1,909 sqft

    First-floor restaurant, retail, or office space available with potential to include an existing hood and sink.

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    Medical Office Condominium Suite
    Medical Office Condominium Suite

    206-1795 Main St, Springfield, MA 01151

    $95,000
    1,047 sqft

    Second-floor medical office suite with exam rooms, private office, waiting/reception area, and private bathroom.

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    Medical Office Building with Elevators
    Medical Office Building with Elevators

    50 Maple St, Springfield, MA 01103

    Contact for pricing
    15,000 sqft

    Flexible medical or professional office space with an open floor plan, abundant windows, and receptionist-supported entry.

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    Medical Office Suite with Exam Rooms
    Medical Office Suite with Exam Rooms

    1795 Main St, #206, Springfield, MA 01103

    $95,000
    1,047 sqft

    Medical condo suite with multiple exam rooms, ready for clinical or professional exam-based uses.

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    Well-Maintained Office Condominium For Sale
    Well-Maintained Office Condominium For Sale

    155 Maple St, Springfield, MA

    Contact for pricing
    1,067 sqft 1.44 AC lot

    Office condominium with private offices, conference room, and ample parking.

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    Third-Floor Corner Office Suite
    Third-Floor Corner Office Suite

    1319-1323 Main St # 320, Springfield, MA 01103

    Contact for pricing
    1,434 sqft

    Corner suite with large, sunny windows and city views in a downtown office complex.

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    Third-Floor Office Suite
    Third-Floor Office Suite

    1319-1323 Main St # 350, Springfield, MA 01103

    Contact for pricing
    1,280 sqft

    Third-floor suite with reception, private offices, conference rooms, and elevator access at the Market Place complex.

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    Redevelopment Site with Office/Retail
    Redevelopment Site with Office/Retail

    460 Main Street, Springfield, MA 01151

    Contact for pricing
    4,000 sqft

    Two land parcels include a 4,000 sq ft office/retail building intended for teardown for future retail development.

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    Second-Floor Office Suite
    Second-Floor Office Suite

    73 Chestnut St # 6, Springfield, MA 01103

    Contact for pricing
    100 sqft

    Second-floor, single-room office unit within a historic professional building in downtown Springfield.

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    First-Floor Office or Retail Suite
    First-Floor Office or Retail Suite

    1365 Main St # 130, Springfield, MA 01103

    Contact for pricing
    1,497 sqft

    First-floor suite with glass frontage, multiple entrances, and existing offices, conference rooms, and reception.

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    Medical Office Condominium Suite
    Medical Office Condominium Suite

    2 Medical Center Dr, Suite 510, Springfield, MA 01107

    Contact for pricing
    3,050 sqft

    Medical office condominium connected to Baystate Medical Center, with on-site parking garage and access to I-91 and I-291.

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    Third-Floor Office Space
    Third-Floor Office Space

    15-19 Hampden St, Springfield, MA 01103

    Contact for pricing
    4,500 sqft

    Third-floor office unit features high tin ceilings and well-preserved interior finishes.

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    Office, Retail, or Medical Space
    Office, Retail, or Medical Space

    34 Sumner Avenue, Springfield, MA 01108

    Contact for pricing
    2,710 sqft

    2,710 SF space suitable for office, retail, or medical use.

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    Retail and Warehouse Flex Space
    Retail and Warehouse Flex Space

    883 Alden Street, Springfield, MA 01109

    Contact for pricing
    3,400 sqft

    Street-level retail includes a lower level warehouse with a drive-in overhead door and a full basement warehouse area.

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    Prime Springfield Office Space
    Prime Springfield Office Space

    505-585 E Columbus Ave, Springfield, MA

    Contact for pricing
    8,035 sqft 1.89 AC lot

    First-class office space with highway access and on-site parking.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Springfield, MA, we suggest to view alternatives - similar 2 Off-Market properties to explore as potential leads.

    Springfield, MA Office Units Market Trends and Statistics

    Explore 26 office units for sale in Springfield, MA, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 135,254 square feet of properties for sale, with an estimated market value of $5,053,799.

    Sale prices for office units in Springfield, MA start at $95,000, averaging $631,724, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 104
    Medical Office Space 23
    Office buildings 21
    Coworking space 3
    Creative space 2

    Demographics Overview

    Population 171K
    Population Growth (5Y) +1.4%
    Median Household Income $60,860
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01104 $282K
    01108 $299K
    01105 $499K
    01119 $1.1M
    01103 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 3.26%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 10,000 to 25,000 square foot range.

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    Most Searched ZIP Codes in Springfield, MA

    • 01103
    • 01104
    • 01109
    • 01108
    • 01151
    • 01105
    • 01107

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