624 Worthington St Springfield, MA 01105-1113

Property Details for 624 Worthington St

Year built

1904

Lot size

0.11 lot acres

Property size

2,112 SF

Zone code

B1

Property type

Manufacturing properties

APN

SPRI S:12535 P:0060

APU

SPRIS12535P0060

Description

This exceptional commercial property at 624 Worthington Street in the heart of Springfield, MA, presents a unique investment opportunity. Situated on a 0.11-acre lot, this stand-alone building boasts a prime downtown location, just minutes from the casino, the MassMutual Center, and the Basketball Hall of Fame. The property features a newly installed private, partially paved driveway providing ample parking for patrons and employees. Large storefront windows offer excellent visibility for advertising, attracting potential customers. Inside, the building offers a versatile layout, including a dedicated office area, a conference room/break room, and a spacious open function hall in the rear. This expansive hall is ideal for small indoor and outdoor gatherings, currently utilized successfully as a dance studio and multi-purpose function hall. Recent upgrades include the installation of new hardwood flooring, updated lighting, and efficient mini-split heating and air conditioning systems. A convenient kitchen area is also included. The property currently generates a monthly rental income of $1500. The seller is motivated and may consider financing with a suitable offer. The property can be delivered vacant at closing, providing flexibility for the new owner. This is a rare opportunity to acquire a well-maintained, high-visibility commercial building in a thriving downtown area.

Location Insight

City

Springfield

County

Hampden

State

Massachusetts

Longitude

-72.5873

Latitude

42.1087

CBSA code

44140

CBSA name

SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments