568 Main St, Springfield, MA 01151
For Lease
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This exceptional 2,400 square foot office space, located at 568 Main St, Springfield, MA 01151, presents a unique investment opportunity. Situated on a signalized corner lot at the Ludlow Avenue bridge, this Class B building offers unparalleled visibility and accessibility. The property, built in 1940 and renovated in 2014, features a single-story design encompassing a total of 2,507 square feet across two suites. Currently, 2,400 square feet are available for lease, ideal for a single tenant seeking a contiguous space. The property boasts 56 loading docks and 56 dock-high doors, though it lacks elevators. The 0.46-acre lot provides ample parking. Zoned for Business A use, this versatile space is suitable for various office configurations, including medical offices and traditional office setups. Its location at a high-traffic intersection ensures maximum exposure, making it an attractive option for businesses seeking high visibility and convenient access. The property's adaptable layout allows for customization to meet specific business needs. This is a rare opportunity to secure a well-maintained, highly visible office space in a desirable Springfield location.
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BAPS Auto Paints & Supply Auto Parts Store (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
B1 · 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.