$300,000 9,660 SF

1252 Main St, Springfield, MA 01103
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Historic 1252 Main in downtown Springfield contains first-floor commercial space positioned next to Court Square and across from City Hall, Symphony Hall, One Financial Plaza, and the MassMutual Center, with adjacency to ThirtyOne Elm. The space is configured for bar/restaurant use and is undergoing a build-out that includes exposed brick and visible architectural detailing. The property’s context places it within close proximity to major downtown venues and transportation access, including I-91 and destinations such as MGM Springfield and the Basketball Hall of Fame.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?

Assessed value · 2023$289k

Assessed land$66k

Assessed improvement$223k

Value estimate

· Oct 2026

$300k

$270k – $330k

AI approach$300k

NOI build-up

Gross scheduled income$28k

Vacancy & credit loss−$2k

Operating expenses−$7k

NOI · 40,257.14% cap applied$20k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?

$79/SF

Submarket average, outlier-cleaned · 159 recorded sales of this use type

Observed band · Q1–Q3$42 – $143

Qualifying comparables12

Cap rate analysis

How does the asset earn?

40,257.14%

$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?

Best fit: Auto Parts Store

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Auto Parts Store15.6

Garden Center15.4

Building Supply14.7

1252 Main St Springfield, MA 01103

County assessor Recorded deeds · 3 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby

Address Sale price Sold Size

45 Pearl, Springfield, MA 01103-1574 $20,432,267 Apr 2024 7,588 SF

250 Worthington, Springfield, MA 01103-2302 $155,000 Jul 2023 22,794 SF

9 Stockbridge, Springfield, MA 01103-2104 $180,000 Apr 2023 5,900 SF

181 Chestnut, Springfield, MA 01103-1345 $200,000 Feb 2023 11,628 SF

45 Willow, Springfield, MA 01103-1910 $42,600,000 Nov 2022 24,835 SF

232-236 Worthington, Springfield, MA 01103 $800,000 Jun 2019 11,080 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$615,000

10,076 SF

899 Main St

OFFICE/RESIDENTIAL (MIXED USE)

899 Main St, Springfield, MA 01103-2150

View Details
Value Estimation
$1,175,000

11,077 SF

272 Worthington St, Unit 278

OFFICE/RESIDENTIAL (MIXED USE)

272 Worthington St, Springfield, MA 01103-2302

View Details
Value Estimation
$1,160,000

11,080 SF

232-236 Worthington St

OFFICE/RESIDENTIAL (MIXED USE)

232-236 Worthington St, Springfield, MA 01103

View Details
Value Estimation
$200,000

11,628 SF

181 Chestnut St, Unit 187

OFFICE/RESIDENTIAL (MIXED USE)

181 Chestnut St, Springfield, MA 01103-1345

View Details
Value Estimation by Request
7,588 SF

45 Pearl St

OFFICE/RESIDENTIAL (MIXED USE)

45 Pearl St, Springfield, MA 01103-1574

View Details
Value Estimation
$425,000

6,244 SF

11-13 Lyman St

OFFICE/RESIDENTIAL (MIXED USE)

11-13 Lyman St, Springfield, MA 01103

View Details

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$684,000

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Mixed-Use Investment Opportunity

Mixed-use property with storefronts and residential units for sale.

26-28 Parker St, Springfield, MA 01151

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$1,800,000

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Springfield Multi-Use Investment Portfolio

Two income-generating properties on high-traffic Bridge Street in Springfield, MA.

289-307 Bridge St, Springfield, MA 01103

View Details
New

$2,200,000

65,000 SF

Five-Story Mixed-Use Building

Professional office, retail, and restaurant space with a full basement in a downtown business district.

1380-1402 Main Street, Springfield, MA 01103

View Details

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Ask anything about this address in plain English.

“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”

1252 Main St Springfield, MA 01103

Property summary