281 Cottage St Springfield, MA 01104-3217
- Office buildings
- 1,983 SF
- 0.82 lot acres
Apr 17, 2020
Current Use by Public Records
- Recovery Connection / Addiction Treatment Center
Property Details for 281 Cottage St
- Year built
- 1983
- Lot size
- 0.82 lot acres
- Property size
- 1,983 SF
- Zone code
- I1
- Property type
- Office buildings
- APN
- SPRI S:03310 P:0301
- APU
- SPRIS03310P0301
Description
This renovated 1,515-square-foot standalone building in Springfield, MA, offers versatile office space perfect for various uses, including medical, executive, creative, traditional office, coworking, or industrial needs. Located at 281 Cottage St, this single-tenant property features a large waiting area, three private offices, a kitchenette, and an ADA-compliant restroom. A partial basement provides additional restrooms and storage. The building benefits from excellent visibility and signage at a high-traffic intersection (Cottage St and Robbins Rd), boasting over 15,000 vehicles daily. The property includes extensive paved on-site parking and enjoys convenient proximity to the interstate highway system (less than half a mile). The 36,650-square-foot lot provides ample space and opportunity. This property is situated at the entrance to the Springfield Industrial Park, offering easy access and high visibility. The recent renovations and clinic-ready build-out make this a move-in ready opportunity.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $225,000
- ML approach
- $245,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $374,000
Market price range: $61.6k - $395k
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Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5427
- Latitude
- 42.1438
- CBSA code
- 44140
- CBSA name
- SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA