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    FOR LEASE
    Office buildings

    169 William St, Springfield, MA 01105

    4,367 SF 0.15 ac lot Built 1941
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US38-1554567
    Property summary
    AI-generated overview

    This exceptional 4,367-square-foot industrial flex space, situated in Springfield's South End, presents a unique investment opportunity. The single-tenant building, constructed in 1941 and classified as Class B, offers a versatile layout ideal for various businesses. The property boasts private offices, adaptable open areas suitable for cubicles or a conference room, dedicated shop space, and a convenient garage featuring two grade-level drive-in doors. Adding to its functionality is a fenced outdoor storage area, encompassing an additional 0.141 acres, providing ample space for equipment or inventory. The 0.286-acre lot is zoned Business B, ensuring flexibility for a range of commercial uses. Its strategic location provides easy access to major transportation arteries, including Interstate 91 and Route 5, enhancing logistical efficiency and accessibility for employees and clients. The property's frontage on William Street offers excellent visibility and convenient access. This well-maintained building offers a blend of office and warehouse space, making it an attractive option for businesses seeking a functional and strategically located property. The combination of indoor and outdoor space, coupled with its prime location, makes this a highly desirable commercial property.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1941
    Total area 4,367 SF
    Lot 0.15 ac (6,368 SF)
    Zoning code B2
    APN SPRI S:12300 P:0071
    UPID US38-1554567
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Premier Building & Remodeling Hardware & Home Improvement Interior Design
    • Foxtrot Construction Inc. Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $562k
    Blend (final) Blend
    $535k
    Owner & transaction history
    William St Hldg LLC · 5 yrs held
    William St Hldg LLC
    since 2020
    Last sale
    $1
    2 recorded transactions
    2020
    $210,000
    2010
    $1
    Zoning & alternative use
    B2 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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