Commercial Sale at 1021 Main St, Springfield MA 01103, Springfield
Commercial Sale at 1021 Main St, Springfield MA 01103, Springfield, photo 2 of 19
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19 photos

$599,000

1021 Main St, Springfield MA 01103
Springfield, MA 01103
Listed by Rula Baki
Bedrooms
N/A
Bathrooms
N/A
Living area
6,375 sqft
Year built
1958

About this home

Don’t miss this incredible opportunity to acquire an outstanding building in the heart of downtown Springfield. This property features a currently rented retail store along with restaurant space. This beautiful Building was updated in 2013. Investors can earn income from the tenants or explore new business ventures on this bustling street. Nearby amenities include the MGM Casino, MassMutual Center, Basketball Hall of Fame, museums, Highway access, and much more. This fantastic opportunity can be purchased either as a combined package with 982 Main Street (MLS #73323713) or as a standalone property, providing you the flexibility to choose what best suits your needs.

Property details

MLS #
73323738
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
639
On market date
January 7, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.16 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Milton Bradley School
0.26 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
510
Student:teacher ratio
10.6:1
District
Springfield
Middle
South End Middle School
0.17 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
225
Student:teacher ratio
11.3:1
District
Springfield
High
Conservatory of the Arts
0.47 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
318
Student:teacher ratio
11.0:1
District
Springfield

Walkability

Blended score for Springfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

84
Highly walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

How this listing compares to current activity in Springfield, from live MLS data.

On the market 639 days -- 529 more days than Springfield's current average of 110 days.
For reference, the median list price across 723 active listings in Springfield right now is $305,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$3,757/mo
$119,800 down
$479,200 loan
Principal & interest$3,108
Property tax (est.)$499
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.