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982 Main St 4,050 SF 100% Leased Retail Building Springfield, MA 01103 $823,523 CAD ($203.34 CAD/SF)
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
$823,523 CAD
Price Per SF
$203.34 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.17 AC
Zoning
B2 - Business District
Parking
10 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
32’ on Main St
Amenities
- Bus Line
- Commuter Rail
- Fenced Lot
- Restaurant
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | SPRI-008130-000000-000087 | Improvements Assessment | $410,417 CAD |
| Land Assessment | $89,988 CAD | Total Assessment | $500,405 CAD |
Property Taxes
Parcel Number
SPRI-008130-000000-000087
Land Assessment
$89,988 CAD
Improvements Assessment
$410,417 CAD
Total Assessment
$500,405 CAD
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982 Main St
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