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73 Chestnut St 7,983 SF 85% Leased Office Building Springfield, MA 01103 $700,000 ($87.69/SF)



EXECUTIVE SUMMARY
Prominent and historic professional office building available for sale in downtown Springfield. 73 Chestnut, known historically as Rose Cottage, is situated adjacent to the Springfield Museums campus, seconds from Metro Center and area highways. The building comprises three levels of beautiful office suites, including a finished basement, and a partially finished top floor that is currently used for storage. The interior features rich wood and brick craftsmanship throughout. The property benefits from good visibility on busy Chestnut Street and a paved, private driveway for parking. Many investment, owner-occupant, or redevelopment possibilities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,983 SF
Building Class
B
Year Built
1899
Price
$700,000
Price Per SF
$87.69
Percent Leased
85%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,661 SF
Building FAR
1.31
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
B3
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Private first floor office suite with two rooms. Approximately 288 SF total.
- 2nd Fl-Ste 12
- 400 SF
- Office
- -
- Now
- 2nd Fl-Ste 13
- 162 SF
- Office
- -
- Now
- 2nd Fl-Ste 6
- 100 SF
- Office
- -
- Now
- 2nd Fl-Ste 7
- 248 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 3-4 | 288 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 12 | 400 SF | Office | - | Now |
| 2nd Fl-Ste 13 | 162 SF | Office | - | Now |
| 2nd Fl-Ste 6 | 100 SF | Office | - | Now |
| 2nd Fl-Ste 7 | 248 SF | Office | - | Now |
1st Fl-Ste 3-4
| Size |
| 288 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 12
| Size |
| 400 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 13
| Size |
| 162 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 6
| Size |
| 100 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 7
| Size |
| 248 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 3-4
| Size | 288 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Private first floor office suite with two rooms. Approximately 288 SF total.
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (79)
PROPERTY TAXES
| Parcel Number | SPRI-002750-000000-000544 | Improvements Assessment | $451,700 |
| Land Assessment | $67,200 | Total Assessment | $518,900 |
PROPERTY TAXES
Parcel Number
SPRI-002750-000000-000544
Land Assessment
$67,200
Improvements Assessment
$451,700
Total Assessment
$518,900
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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73 Chestnut St
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