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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1319 Main St Springfield, MA 01103

22,957 SF Built 1876
Property ID
Property summary
AI-generated overview

This exceptional four-story, 22,957 square foot commercial building, constructed in 1876, presents a unique investment opportunity in the heart of Springfield, Massachusetts. Located at 1319 Main Street, this property boasts a prime location directly across from City Hall and the MassMutual Center, ensuring high visibility and accessibility. The building's B3 zoning allows for a variety of uses, including traditional office, executive office, creative office, and medical office spaces. Currently housing multiple tenants, including prominent local businesses, this building offers a strong existing revenue stream. The building features one structure with four stories and includes elevators for convenient access to all floors. Its prominent position on Main Street and its proximity to Court Square and the Market Place dining/retail courtyard provide unparalleled exposure to a high volume of foot and vehicle traffic. This historic building offers a blend of character and modern convenience, making it an ideal investment for discerning buyers seeking a well-established property in a thriving downtown area. The building's multiple tenancy structure provides diversification and stability. This is a rare opportunity to acquire a landmark property in a vibrant and growing city.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1876
Total area 22,957 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • William C. Sullivan Regional Visitor Center Travel Agency Tour Operator
  • City Jewelry (Bike/Boat/Book/etc) Store
  • Westfield Bank - ATM Only Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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