1655 Boston RdSpringfield, MA 01129

  • Other commercial real estate
  • 193,769 SF
For Lease

Property Details for 1655 Boston Rd

Year built
1970
Lot size
22.62 AC
Property size (Sq ft)
193,769 SF
Zone code
SB1R2
Property type
Other commercial real estate
APN
SPRI S:01655 P:0425
APU
SPRIS01655P0425

Description

Springfield Crossing, located at 1655 Boston Road in Springfield, Massachusetts (zip code 01129), presents a significant retail opportunity. This Hampden County shopping center/regional mall boasts a total of 366,417 square feet of leasable space, currently entirely vacant. The property offers exceptional flexibility for prospective tenants, with spaces ranging from a minimum of 2,258 square feet to a maximum contiguous space of 148,512 square feet. This allows for businesses of various sizes and needs to find a suitable location within the center. Ample parking is provided with 1,754 spaces available for customers and employees. The property's prime location in Springfield, MA, ensures high visibility and accessibility for businesses seeking to establish or expand their presence in the market. The property is classified as a retail space and is ideal for a variety of retail uses. Given the substantial size of the available space, this property is well-suited for a large anchor tenant or a collection of smaller businesses. The property is ready for immediate occupancy. Interested parties should inquire for further details and leasing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $36,668,672
    Hospitality
    $33,588,308
    Educational
    $27,945,078
    Medical
    $28,906,152
    Retail
    $43,470,120
1655 Boston Rd, Springfield, Massachusetts

Location Insight

City
Springfield
County
Hampden
State
Massachusetts
Latitude
42.1408
Longitude
-72.4864
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$6,401,500
$1,985,200
$8,386,700
-
-
-
-

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