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    15 Hampden St Springfield, MA 01103
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    Property profile & analytics

    15 Hampden St Springfield, MA 01103


    • Office buildings
    • 13,648 SF
    • 0.10 lot acres
    Unique Office Space Available For Lease
    $12 SF/Yr
    3,040 SF

    Unique Office Space Available

    Office spaces with preserved decor and natural wood finish.

    15 Hampden St, Springfield, MA
    View Listing
    Property ID
    US38-0390733
    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

    • Office buildings

    Property Details for 15 Hampden St

    Year built
    1909
    Lot size
    0.10 lot acres
    Property size
    13,648 SF
    Zone code
    B3
    Property type
    Office buildings
    APN
    SPRI S:06230 P:0035
    APU
    SPRIS06230P0035

    Description

    This exceptional downtown Springfield executive office space offers 4,500 square feet of immediately available space in a three-story, 9,000 square foot Class C building. The property is situated on a 0.1-acre lot and features a single-tenant occupancy, perfect for a growing business seeking a prominent location. The space is divisible to a minimum of 1,500 square feet, with a maximum contiguous space of 3,000 square feet, offering flexibility for various business needs. The building boasts a total of two suites and ample parking with over 100 spaces conveniently located nearby. Utilities include 3-phase power. The building is zoned B3, allowing for a variety of commercial uses. While elevators are not present, the building's three stories are easily accessible. Property taxes are a competitive $2 per square foot. The address is 15-19 Hampden St, conveniently located near Main Street, offering easy access to downtown amenities and public transportation. Currently, a successful dental group and a nail salon occupy the remaining space, providing a vibrant and established business environment.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,340,000
      6.5%
      $3,085,000
      7%
      $2,865,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,921,000
      Market price range: $309k - $6.64M
      AI Estimate
      $2,000,000
      Market price range: $316k - $3.38M

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


    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5943
    Latitude
    42.1037
    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
    $18,025
    $78,300
    $416,900
    $495,200
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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