281 Cottage St, Springfield, MA 01104
For Lease
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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.
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Recovery Connection Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
I1 · Springfield, MASpringfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.