Property profile

55 Federal St 310 Greenfield, MA 01301

OFF-MARKET
Office Spaces
Property ID
US38-2249267
825 SF Built 1915
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,815 square foot medical office condo is situated in the historic Hayburne Building at 55 Federal Street, Greenfield, Massachusetts. Located in the heart of downtown Greenfield, this Class B property offers a prime location with convenient access to Route 5 and I-91 (approximately 1.3 miles away). The building, constructed in 1900 and renovated in 1980, boasts a total of 31,188 square feet across a single suite, with ample onsite parking available. This specific unit is currently a sublet and presents a unique opportunity for a medical practice seeking established space. The current tenant is willing to leave furniture behind as part of the lease agreement, offering a seamless transition for the new occupant. The property sits on a 1.45-acre lot and is part of a multi-tenant building. This is a rare chance to secure a well-located, established medical office space in a thriving downtown area. The 2,815 square feet of vacant space provides ample room for a variety of medical practices. The building's history and central location combine to create a unique and desirable professional environment. This is a sublet opportunity, offering flexibility and potential for a short-term or long-term lease. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1915
Construction FRAME
Total area 825 SF
Zoning code CC
APN GREE M:0056 B:0011 L:U310
UPID US38-2249267

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Financial Advisor
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency
  • Foster Care Service Social Service Agency

Location

55 Federal St, Unit 310 Greenfield, MA 01301-2546
Greenfield metro Census 41302 SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

CC · Greenfield, MA
Zoning description

The purpose of the Central Commercial District is to provide a downtown area with the range of business sales and services which generally constitute a central business district.

General category COMMERCIAL

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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