Financial
Distress signals
Property profile

1633 Bay St Springfield, MA 01109

OFF-MARKET
Other commercial real estate
Property ID
US38-1584271
1,984 SF 0.11 ac lot Built 1960
Last sale Aug 2021 · $230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is configured as a restaurant with a dining area and bar. It includes a partially glass sunroom dining space that provides natural lighting and is arranged for event or private-party use. Seating is provided for up to 40 people. The bar area includes a full bar setup with 8 beer taps. The business is situated near the intersection of State and Bay St in a high-traffic area. The package previously included the property, a transferable liquor license, and related restaurant equipment and furnishings.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2023$152k
Assessed land$46k
Assessed improvement$105k
Effective rate3.95%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$230k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
JurisdictionSPRINGFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.8
Law Firm18.9
Kitchen & Bath11.5

Location

1633 Bay St Springfield, MA 01109-1225
County assessor Recorded deeds · 1 transfer 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
836 Bay, Springfield, MA 01109-2936 $150,000 Apr 2025 3,285 SF
142 Hancock, Springfield, MA 01109-4356 $306,000 Sep 2021 5,052 SF
312 Bay, Springfield, MA 01109-3556 $90,000 May 2021 1,456 SF
904 State, Springfield, MA 01109-3135 $195,000 Mar 2021 3,920 SF
178 Boston, Springfield, MA 01109 $280,000 Jan 2021 1,290 SF
1026 Bay, Springfield, MA 01109-2427 $300,000 Oct 2019 6,600 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1633 Bay St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message