480 St James Ave Springfield, MA 01109
This centrally located Springfield, MA industrial flex building offers 5,500 square feet of adaptable space in a single-story, 9,006 square foot building on a 0.92-acre lot. The property, built in 1918 and classified as Class B, features a convenient location with frontage on St. James Avenue and proximity to Montford Street. The space includes a well-appointed office section with four private offices, a reception area, a conference/break room, and two restrooms. The shop area boasts ceiling heights ranging from 14 to 17 feet, providing ample vertical space. A 12' high by 14' wide grade-level door ensures easy access for loading and unloading. Additional mezzanine storage is available to maximize efficiency. The property is zoned Business B/Industrial and is situated in Hampden County, offering easy access to Interstate 291, providing quick connections to the Massachusetts Turnpike and Interstate 91. The building has one drive-in door. The entire building consists of two suites, with 5,500 square feet currently vacant and available for lease. The minimum divisible space is 5,500 square feet, and the maximum contiguous space available is also 5,500 square feet.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.