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988-994 Main St 5,808 SF 100% Leased Retail Building Springfield, MA 01103 $699,000 ($120.35/SF)
INVESTMENT HIGHLIGHTS
- Highly visibility off main & Union St
EXECUTIVE SUMMARY
Invest in Springfield's heart with this iconic corner property at Main Street and Union Street! Built in 1890 and home to Milano Imported Fine Foods, Inc., it's a community cornerstone. Steps from MGM Casino, near Mass Mutual Center, and surrounded by thriving businesses, this prime location offers unparalleled visibility and foot traffic. With easy access to I-91, it's ideal for diverse ventures. Embrace Springfield's history and architectural charm in this dynamic commercial hub. Don't miss out—seize this opportunity to invest in a piece of Springfield's legacy!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,808 SF
Building Class
C
Year Built
1890
Price
$699,000
Price Per SF
$120.35
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.12 AC
Zoning
B2
Parking
10 Spaces (1.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signalized Intersection
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | SPRI-008130-000000-000088 | Improvements Assessment | $367,400 |
| Land Assessment | $100,000 | Total Assessment | $467,400 |
PROPERTY TAXES
Parcel Number
SPRI-008130-000000-000088
Land Assessment
$100,000
Improvements Assessment
$367,400
Total Assessment
$467,400
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988-994 Main St
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