120 Maple St, Springfield, MA 01103
For Lease
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This exceptional medical office building, located at 120 Maple Street in Springfield, Massachusetts, presents a unique investment opportunity. The property, built in 1958, encompasses a total of 41,140 square feet and sits on a 3-acre lot. Currently, there is 5,436 square feet of vacant space available, divisible into units ranging from a minimum of 900 square feet to a maximum contiguous space of 3,500 square feet. The building is zoned as Split Commercial a Business B, catering to a variety of medical and professional uses. Ample parking is provided with 460 spaces on-site, ensuring convenient access for patients and staff. The property benefits from a high-traffic location, situated on the PVTA bus route and offering excellent accessibility to Interstates 91 and 291, as well as close proximity to Springfield's central business district. This multi-tenant building offers secure and well-lit spaces, making it an ideal location for medical practices seeking a prominent and convenient presence in Springfield. The property's size and layout provide flexibility for various medical office configurations, accommodating both small and larger practices. The building's location and amenities make it a highly desirable option for medical professionals seeking a thriving and accessible location in Hampden County. The available space presents a chance to establish or expand a medical practice in a well-established and convenient location.
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Chaquira Ortiz Counselor
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Juan Chacon Counselor
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Anastasia Borishkevich Counselor
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Sasha Correa, BA Physician
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Rebecca B. Clark, BA Counselor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
SC1B2 · Springfield, MASpringfield. Always verify with local authorities before improvements.
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.