Property profile

280 Worthington St 302 Springfield, MA 01103

OFF-MARKET
Turn key restaurants
Property ID
US38-1836872
30,622 SF 0.28 ac lot Built 1900
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Total area 30,622 SF
Lot 0.28 ac (12,201 SF)
Zoning code B3
APN SPRI S:12535 P:0030
UPID US38-1836872

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

280 Worthington St, Unit 302 Springfield, MA 01103-2302
Springfield metro Census 801101 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2023
Last sale
$425,000
7 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A
2021
$800,000
2000
Price N/A
2000
$425,000
1996
$40,000

Zoning & alternative use

B3 · Springfield, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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