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

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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
  • 1st Fl-Ste 3-4
  • 288 SF
  • Office
  • Full Build-Out
  • Now

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

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.

Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
SPRI-002750-000000-000544
Land Assessment
$67,200
Improvements Assessment
$451,700
Total Assessment
$518,900
  • Listing ID: 36588601

  • Date on Market: 7/2/2025

  • Last Updated:

  • Address: 73 Chestnut St, Springfield, MA 01103

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