988-994 Main St, Springfield MA 01105

Springfield, MA 01105

$699,000

Est. $4,727/month

3,990

Sq Ft

$175

Price/Sq Ft

0.11

Acres

1890

Year Built

582

Days on Market

Pending Price Drop -$196,000 Listed Jul 20, 2024 • MLS# 73267287 Copied!

About this home

Invest in Springfield's heart with this iconic corner property at Main Street and Union Street and home to Milano Imported Fine Foods, Inc., it's a community cornerstone. Steps from MGM Casino and outdoor concerts, near Mass Mutual Center, and surrounded by thriving businesses, this prime location offers unparalleled visibility and foot traffic. With easy access to I-91, it's ideal for diverse ventures. Property offers 2 storefronts, an upper level residential opportunity and a parking lot. Embrace Springfield's history and architectural charm in this dynamic commercial hub. Perfect Franchise Opportunity and 2nd floor residential leasing. Don't miss out—seize this opportunity to invest in a piece of Springfield's legacy!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan with phone

Get the full experience in the BMN Boston app

Property Overview

Listing Type

Commercial Sale

Year Built

1890

Living Area

3,990 sq ft

Facts & Features

Home Facts

Type Commercial Sale

Year Built 1890

Living Area 3,990 sq ft

Lot Size 0.11 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 Public Water, Public Sewer

Financial

Annual Tax $11,914

Interior Features

Flooring:

Appliances:

Interior Features:

Windows:

Basement:

Laundry:

Security:

Construction & Materials

Year Built: 1890

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

Loading map...

Neighborhood

988-994 Main St, Springfield MA 01105

Springfield, MA 01105

Walkability

Loading Walk Score...

Nearby Schools

School District

Springfield School District local

🎓 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

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

Middle Schools

3 schools

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

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

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

Loading comparison...

Monthly Payment Calculator

Monthly Payment

Principal, interest, taxes & insurance

Loan Amount

After down payment

Total Interest

Over life of loan

Total Cost

Including down payment

Home Price

Down Payment

Down: $0

Interest Rate

Loan Term

Monthly Payment Breakdown

Principal & Interest $0

Property Tax $993

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

Property Timeline

⏳

Pending Sale

Feb 23, 2026

Offer accepted, sale pending

🏠

Listed for Sale

Jul 20, 2024

$699,000

Original listing

Agent: Paul Zingarelli Office: Berkshire Hathaway HomeServices Realty Professionals

Date	Event	Price	Change	$/sqft	Details
02/23/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
07/20/2024	🏠 Listed for Sale	$699,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Jul 20, 2024	New Listing Added	$699,000	—

Market Statistics

Days on Market

582 days

Price per Sq Ft

$175

Total Price Drop

-$196,000

Tax History

Year	Taxes	Assessment
2023	$11,914	—

Financial Details

Annual Property Tax

$11,914

Tax Year 2023

Listing Information

Listing Agent Paul Zingarelli

Listing Office Berkshire Hathaway HomeServices Realty Professionals

Agent MLS ID M9502576

Office MLS ID AN7279

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Pending Sale

Listed for Sale

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

988-994 Main St, Springfield MA 01105

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Pending Sale

Listed for Sale

Detailed History Table ▼

Price & Status History

Market Statistics

Tax History

Financial Details

Listing Information

Comparable Properties

Customize Comparable Search

Distance & Location

Property Characteristics

Price & Value

Property Features

Market Filters

Display Options

📍 Comparable Properties Map

Adjust Property Details

Market Analytics for Springfield, MA

BMN Boston Real Estate

Schedule a Tour

Get the BMN Boston App