Main St Springfield, MA 01103

Property Details for Main St

Year built

1951

Lot size

0.20 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a two-story professional office building situated on a 0.2-acre lot in Springfield, MA, just blocks from the MGM casino. The building boasts approximately 5,658 square feet of space, divided into four units—two on each floor. Two larger units, each approximately 1,829 square feet, are located on the left side of the building, while two smaller units, each approximately 1,000 square feet, are situated on the right. The first-floor units benefit from access to a partially finished basement, offering potential for expansion or additional storage. Each unit features separate gas and electric meters, providing efficient utility management. The property includes an ample 20-car paved parking lot, enclosed by a fence, ensuring convenient parking for tenants and visitors. Significant upgrades have been implemented, including the replacement of the second-floor windows and roof approximately 10 years ago, and the installation of energy-efficient LED lighting throughout. Furthermore, one of the HVAC units was replaced less than two years ago, demonstrating a commitment to ongoing maintenance and operational efficiency. The building's high visibility and proximity to the MGM casino make it an attractive proposition for a variety of businesses. All information is provided as per the owner. This property presents a compelling opportunity for investors seeking a well-maintained, multi-unit office building in a prime Springfield location. The 8891 square foot lot provides ample space for the building and parking.

Location Insight

City

Springfield

County

Hampden

State

Massachusetts

Longitude

-72.6265

Latitude

42.0892