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1021 Main St, Springfield MA 01103

Springfield, MA 01103
$599,000
Est. $5,159/month
6,375
Sq Ft
$94
Price/Sq Ft
0.16
Acres
1958
Year Built
413
Days on Market
Active Price Drop -$151,000 Listed Jan 7, 2025 • MLS# 73323738 Copied!

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.

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Property Overview

Listing Type
Commercial Sale
Year Built
1958
Living Area
6,375 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1958
Living Area 6,375 sq ft
Lot Size 0.16 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

Annual Tax $23,158

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1958
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

1021 Main St, Springfield MA 01103

Springfield, MA 01103

Walkability

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Nearby Schools

School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
⚠ School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
↑ 0.4% above state avg
E

Elementary Schools

3 schools
C-
Milton Bradley School
0.4 mi | #743 of 824 | Score: 33.0
Improved 31 spots from last year
-25.2 below state avg
385 students Moderate
Rising School
Grades PK-05
Your Educational Success Academy
0.4 mi
Grades K-12
B+
Veritas Preparatory Charter School
0.6 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
M

Middle Schools

3 schools
F
South End Middle School
0.1 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
Springfield Commonwealth Academy
0.5 mi
Grades 06-08
B
Hampden Charter School of Science Middle School
1.3 mi | #147 of 346 | Score: 55.9
Improved 53 spots from last year
-2.3 below state avg
938 students Diverse
High Graduation Rate Rising School College Ready Curriculum Diverse Student Body
Grades 06-12
H

High Schools

3 schools
C-
Conservatory of the Arts
0.5 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
0.5 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C-
High School of Commerce
0.7 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,930
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1
Price Changes
7.7%
Price Range

Property Timeline

↓
Price Reduced
Dec 20, 2025
$599,000 $50,000 (-7.7%)
From $649,000 to $599,000 (-7.7%)
🏠
Listed for Sale
Jan 7, 2025
$649,000
Original listing
Agent: Rula Baki Office: Berkshire Hathaway HomeServices Realty Professionals

Price & Status History

Date Event Price Change
Dec 20, 2025 Price Changed $599,000 -$50,000
Jan 7, 2025 New Listing Added $649,000 —

Market Statistics

Days on Market
413 days
Price per Sq Ft
$94
Total Price Drop
-$151,000

Tax History

Year Taxes Assessment
2024 $23,158 —

Financial Details

Annual Property Tax
$23,158
Tax Year 2024

Listing Information

Listing Agent Rula Baki
Listing Office Berkshire Hathaway HomeServices Realty Professionals
Agent MLS ID CN234048
Office MLS ID AN7318
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Springfield, MA

Real-time market trends and pricing data for this area

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