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    1365 Main St Springfield, MA 01103
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    Property profile & analytics

    1365 Main St Springfield, MA 01103


    • Office buildings
    • 34,496 SF
    • 0.23 lot acres
    Downtown Springfield Mixed-Use Hub For Lease
    $18 SF/Yr

    Downtown Springfield Mixed-Use Hub

    Retail, restaurant, and office spaces in downtown Springfield.

    1365 Main St, Springfield, MA 1103
    View Listing
    Property ID
    US38-0328079
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • New England Blue Print Paper / Construction Company / General Contractor
    • Novalicious Beauty Bar / Hair Salon / Nail Salon
    • C.HR Services / Employment Agency / Business Service Center
    • Young Lenny Productions / Recording Studio
    • Berry Dumpster Rental / Waste Management Facility

    Property Details for 1365 Main St

    Year built
    1860
    Lot size
    0.23 lot acres
    Property size
    34,496 SF
    Zone code
    B3
    Property type
    Office buildings
    APN
    SPRI S:08130 P:0551
    APU
    SPRIS08130P0551

    Description

    Market Place, located at 1365 Main Street in Springfield, MA, 01103, presents a unique opportunity for businesses seeking prime downtown office space. This historic four-story building, constructed in 1860, boasts a total of 27,608 square feet and offers a variety of office configurations suitable for traditional, executive, creative, or medical practices. The building features a single structure with elevators, and is zoned B3. Its multiple tenancy allows for flexibility in lease terms and space requirements. The property's strategic location in the heart of Springfield's downtown area places it just one block from the MassMutual Center and City Hall, ensuring high visibility and convenient access. The building is part of a vibrant hub that includes retail, dining, and professional services, creating a dynamic and convenient environment for tenants. A connecting atrium links Main Street to Market Street's attractive brick walkway, which hosts events and features the popular Nosh Cafe. The building's prominent position across from Monarch Place provides excellent exposure and reinforces its status as a key location in the city. Market Place offers an exceptional opportunity to establish, grow, or relocate a business in Western Massachusetts, benefiting from strong foot and vehicle traffic.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,536,000
      Market price range: $799k - $8.54M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5893
    Latitude
    42.1024
    CBSA code
    44140
    CBSA name
    SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $31,865
    $121,700
    $753,700
    $875,400
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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