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289-307 Bridge St, Springfield, MA 01103

Hampden County

Key Facts

1923Year Built
0.26Lot (acres)

Description

289–307 Bridge St is one of the two multi-use income-generating properties offered together as an investment portfolio on Springfield’s high-traffic Bridge Street. 289–307 Bridge St is offered for $1.8M – 28,303 SF net rentable / 57,919 SF gross, 6 above-ground floors. Features retail, office, bar/lounge, and restaurant space, plus sub-grade support area. The building has long-standing tenants generating stable income, with some vacancies offering value-add opportunities. 315–333 Bridge St price upon request – 26,700 SF net rentable / 26,700 SF gross, 2 above-ground floors. Includes retail and office space, plus support area. The second floor is currently vacant, providing potential for additional income or redevelopment.Portfolio Totals:• Net Rentable SF: 55,003• Gross Building Area: 84,619 • Diversified income streams from multiple tenant types• City-approved, move-in ready• Rare opportunity to acquire a multi-tenant commercial portfolio on a high-traffic corridor• Value-add opportun

Property Information

Property Type

Commercial Sale

Year Built

1923

Lot Size

0.26 acres

Zoning

B3

MLS® Listing#

73486366

Property Features

HOA & Tax

HOA:
None
Annual Tax:
$42,475 (2025)
Parcel #:
S:01840 P:0075,2575467

Directions

GPS

Affordability Calculator

$360,000

Estimated monthly payment

$9,580/mo

Principal $1,440,000 · Est. interest $2,008,928 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Springfield, MA

$325,694
Median Listing Price
34
Median Days on Market
1,619
Median Sq Ft
$208
Median Price / Sq Ft
235
Active Listings
  • This home’s price is 453% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, MA.

Location

  • 289-307 Bridge St, Springfield, MA 01103

Nearby Schools

  • Springfield School Volunteers

    School · 0.1 mi away

  • Libertas Academy Charter School

    Elementary · 0.1 mi away

  • Diocese of Spri

    School · 0.4 mi away

  • Conservatory of the Arts

    Secondary · 0.5 mi away

  • Milton Bradley School

    Elementary · 0.6 mi away

  • South End Middle School

    Secondary · 0.6 mi away

  • Head Start

    School · 0.7 mi away

  • High School of Commerce

    Secondary · 0.7 mi away

  • Springfield High School

    Secondary · 0.7 mi away

  • Baystate Academy Charter Public School

    School · 0.7 mi away

  • City of Springfield Springfield Academy

    School · 0.9 mi away

  • Phoenix Charter Academy Springfield

    School · 0.9 mi away

  • Hampden Charter School of Science West Pto

    Secondary · 1.0 mi away

  • Veritas Preparatory Charter School

    Secondary · 1.1 mi away

  • Springfield Academy

    School · 1.1 mi away

  • Boland Elementary School

    Elementary · 1.1 mi away

  • Springfield Public Day Elementary School

    Elementary · 1.1 mi away

  • Zanetti Montessori Magnet School

    Elementary · 1.2 mi away

  • Lincoln Elementary School

    Elementary · 1.3 mi away

  • The Kids' Place

    School · 1.3 mi away

Commute Calculator

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EXIT Agents in Springfield

Listing Courtesy: SR Commercial Realty - 4134594535

Presented by: Jeremy Casey

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