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    OFF-MARKET
    Specialty properties

    9 Hampden St 13, Springfield, MA 01103-1211

    15,596 SF 0.13 ac lot Built 1909
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-0509059
    Property summary
    AI-generated overview

    This exceptional office space, located at 9 Hampden St in Springfield, MA, offers 3,700 square feet of immediately available space within a larger 11,736 square foot building. Situated in the Springfield submarket of Western Mass, this Class B property boasts a desirable location with excellent visibility on Main St. The building, constructed in 1873 and extensively renovated in 2020, features a single three-story structure with one electric elevator. The office space itself offers a 12-foot ceiling height and a robust 400-amp power supply. The property sits on 0.13 acres of land and is zoned Business C within Hampden County. This multi-tenant building comprises three total suites, providing a professional and collaborative environment. The available space is highly customizable, allowing businesses to design a layout perfectly suited to their operational needs. This is an unparalleled opportunity to establish a thriving business in a vibrant and accessible location. The property's modern amenities and prime location make it an ideal choice for businesses seeking a professional and welcoming atmosphere for employees and clients alike.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1909
    Total area 15,596 SF
    Lot 0.13 ac (5,602 SF)
    Zoning code B3
    APN SPRI S:06230 P:0037
    UPID US38-0509059
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    9-13 Hampden Street LLC · 1 yrs held
    9-13 Hampden Street LLC
    since 2024
    Last sale
    $380,000
    5 recorded transactions
    2024
    $380,000
    2023
    2006
    $329,600
    2003
    $210,000
    1999
    Zoning & alternative use
    B3 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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