Advertise

Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Open Dashboard
How to use Realmo Analytics Watch the walkthrough
Property profile

1373 Main St Springfield, MA 01103

FOR LEASE
Office buildings
Property ID
US38-1484465
41,329 SF 0.25 ac lot Built 1909
Last sale Jun 2006 · $1,172,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
1373 Main St, Springfield, MA 01103 For Lease 1 / 2
Contact for pricing 1,056 SF available
1373 Main St, Springfield, MA 01103
View Listing

Property summary

AI-generated overview

The historic building at 1373–1383 Main Street is located in downtown Springfield and is configured to support both retail and office uses. It is situated within the Market Place complex, with access to City Hall, the MassMutual Center, and nearby highway connections.

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 · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$709k
Assessed land$185k
Assessed improvement$524k
Effective rate3.64%

Value estimate

· Nov 2026
$660k
$594k – $726k
Submarket $/SF estimate$5.61M
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$2k
Operating expenses−$5k
NOI · 81,606.67% cap applied$12k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$245/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$23 – $487

Cap rate analysis

How does the asset earn?
81,606.67%
$12k 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?
B3
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.4
Carpet & Flooring Store9.1
Tailor Shop9.0

Location

1373 Main St Springfield, MA 01103
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
187 Chestnut, Springfield, MA 01103 $1,000,000 Sep 2024 35,394 SF
1610 Main, Springfield, MA 01103-1379 $700,000 Aug 2024 47,440 SF
1645 Main, Springfield, MA 01103-1213 $250,000 May 2024 37,788 SF
289 Brg, Springfield, MA 01103-1409 $1,725,000 Nov 2022 57,919 SF
55 State, Springfield, MA 01103-2007 $1,130,000 Oct 2022 34,112 SF
95 Liberty, Springfield, MA 01103-1046 $3,150,000 Mar 2022 50,112 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
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $250,000
    37,788 SF
    1645 Main St, Unit 1663
    OFFICE BUILDING
    1645 Main St, Springfield, MA 01103-1213
    View Details
  • Value Estimation
    $2,030,000
    46,585 SF
    109 Chestnut St, Unit 121
    OFFICE BUILDING
    109 Chestnut St, Springfield, MA 01103-1509
    View Details
  • Value Estimation
    $700,000
    47,440 SF
    1610 Main St, Unit 1626
    OFFICE BUILDING
    1610 Main St, Springfield, MA 01103-1379
    View Details
  • Value Estimation
    $4,615,000
    34,277 SF
    1208 Main St, Unit 1220
    OFFICE BUILDING
    1208 Main St, Springfield, MA 01103-1928
    View Details
  • Value Estimation
    $3,140,000
    50,112 SF
    95 Liberty St
    OFFICE BUILDING
    95 Liberty St, Springfield, MA 01103-1046
    View Details
  • Value Estimation
    $6,390,000
    31,518 SF
    1331 Main St
    OFFICE BUILDING
    1331 Main St, Springfield, MA 01103-1669
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    54,720 SF
    Office Building with Large Parking Field
    Substantial office building offering extensive on-site parking for tenants, occupants, and future redevelopers.
    125 Liberty Street, Springfield, MA 01103
    View Details
  • New
    Contact for pricing
    29,600 SF
    Four-Story Mixed-Use Historic Office Building
    Four-story masonry building with offices on upper floors and three retail units on the ground floor.
    1628-1666 Main 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
  • Contact for pricing
    69,110 SF
    Medical Office Building
    Multi-tenanted professional and medical office space with secure, well-lit premises and 460 shared on-site parking spaces.
    128-148 Maple St, Springfield, MA 01103
    View Details
  • New
    Contact for pricing
    13,500 SF
    Historic Downtown Office Building
    Multi-level office property with open workspace, upper-floor offices, and conference rooms in a prominent downtown setting.
    1351 Main St, Springfield, MA 01103
    View Details
  • New
    $700,000
    7,983 SF
    Historic Office Building in Springfield
    Prominent office building with redevelopment possibilities in downtown Springfield.
    73 Chestnut St, Springfield, MA 01103
    View Details

Similar in This City for Lease

  • Contact for pricing
    77,864 sqft
    Office Building with Pylon Signage
    Office building with full access and 23'–10' clear height, offered for lease or sale.
    1250 Saint James Ave, Springfield, MA 01104
    View Details
  • Contact for pricing
    8,035 sqft
    Office Space with I-91 Visibility
    Approximately 8,035 SF office space for lease with I-91 visibility and ample on-site parking.
    505-585 E Columbus Ave, Springfield, MA 01105
    View Details
  • New
    $5,895/Mo
    Restored Historic Office Building
    Distinctive office setting with modern finishes, abundant daylight, and a wrap-around porch.
    83 Maple St, Springfield, MA 01105
    View Details
  • Contact for pricing
    5,000 sqft
    Gated Office Campus with 24/7 Security
    15.3-acre campus of eight office buildings with conference space and 800 free parking spaces.
    1 Federal St, Springfield, MA 01109
    View Details
  • New
    Contact for pricing
    3,310 sqft
    Class A Office Space with Atrium Lobby
    Class A office suites in a 17-story downtown tower with a three-story glass atrium lobby and multiple on-site amenities.
    1350 Main St, Springfield, MA 01144
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Email to Your Friends
Link copied to clipboard
Separate multiple addresses with a comma
Message sent successfully
Error
Why this one?
Saved
Google sign-in failed. Please try again or use another login method.
Sign Up Successful!
You now have access to more from Realmo!