$199,000
Under contractAbout this home
Price Reduced after just 3 weeks on market! Priced to sell. Set on approximately 2.5 acres, the property includes a roughly 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. This property offers significant potential for multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into 8 rental apartments, daycare or educational space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes, subject to permitting. Springfield continues to benefit from 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors. Floor plan and inspection available upon request.
Property details
- MLS
- Prime MLS
- MLS #
- 5092901
- Property type
- Condominium
- Subdivision
- N/A
- Status
- Under contract
- Days on market
- 50
- On market date
- N/A
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- 20
- Parking spaces
- N/A
- Lot size
- 2.5 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 65
- Student:teacher ratio
- 9.3:1
- District
- Fall Mountain Regional School District
- Enrollment
- 146
- Student:teacher ratio
- 11.2:1
- District
- Fall Mountain Regional School District
- Enrollment
- 539
- Student:teacher ratio
- 21.6:1
- District
- Claremont School District
Market position
How this listing compares to current activity in Springfield, from live MLS data.
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Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/27/26.