For Sale
$895,000

988 Main St Springfield, MA 01105

Historic building, high foot traffic, MGM proximity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional storefront opportunity, located at 988 Main Street in Springfield, Massachusetts, presents a unique investment prospect. The property, built in 1890, boasts a rich history and currently enjoys 75% occupancy, with full occupancy anticipated by July 18, 2024. Situated on a 0.11-acre lot, this two-story building offers 10 parking spaces, a significant advantage in a high-traffic area. Its prime location at the corner of Main and Union Streets provides unparalleled visibility and accessibility, placing it steps from the MGM Casino and the Mass Mutual Center. Surrounded by thriving businesses, this property benefits from consistent foot traffic and easy access to I-91, making it ideal for a wide range of retail ventures. The building's historic charm and architectural details blend seamlessly with the vibrant energy of Springfield's commercial hub. The asking price for this owner/user investment is $895,000. This is a rare chance to acquire a piece of Springfield's legacy and capitalize on its dynamic commercial landscape. The property's strong location and historical significance make it an attractive investment for those seeking a high-return opportunity in a thriving urban setting. Don't miss this chance to own a piece of Springfield's vibrant commercial history.

Property Details for 988 Main St

Property type
Retail properties, Retail space
Year Built
1890
Stories
2
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.0988069
Longitude
-72.5844154

FAQs

What type of property is this?
Retail property - Historic building, high foot traffic, MGM proximity
Where is the retail property located?
The property is located at 988 Main St Springfield, MA.
What is the asking price?
The asking price for this property is $895,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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988 Main St
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