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982 Main St
Springfield, MA 01103
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Lots of natural light
- Heavy foot trafficked area
EXECUTIVE SUMMARY
Welcome to the vibrant downtown Springfield, renowned as the birthplace of basketball and the hometown of Dr. Seuss. This area is bustling with energy, as new businesses have recently opened. Seize this incredible opportunity to acquire 982 Main Street and 974-976 Main Street. Three established tenants are currently renting the space, you can enjoy immediate income and be part of this thriving community! There are many amenities nearby, like the MassMutual Center, casino, hotels, great shopping centers, close to the highway, and so much more! Bring your ideas to the heart of Springfield. The property includes two parcels of land on Wilcox Street (Both combined, total area is approximately 6,098 sq. ft.), designated for parking. Additionally, 1021 Main Street is also for sale (MLS #73323738), allowing you to buy the properties as a package or separately.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,050 SF
Building Class
C
Year Built
1929
Price
$599,000
Price Per SF
$147.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.17 AC
Zoning
B2 - Business
Parking
10 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
32’ on Main St
AMENITIES
- Bus Line
- Commuter Rail
- Fenced Lot
- Restaurant
PROPERTY TAXES
| Parcel Number | SPRI-008130-000000-000087 | Improvements Assessment | $300,100 |
| Land Assessment | $65,800 | Total Assessment | $365,900 |
PROPERTY TAXES
Parcel Number
SPRI-008130-000000-000087
Land Assessment
$65,800
Improvements Assessment
$300,100
Total Assessment
$365,900
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