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19665601
17418950

2 Locations

No Longer For Sale
WL
MA 9043582-RE-B, CT 0792574
L&P Commercial - Low
BD
Crexi Contact
Commercial Real Estate Exchange Inc
Listed by L&P Commercial - Low, Commercial Real Estate Exchange Inc
Unpriced
Updated 624 days ago
Closed Opportunity zone

Historic Paramount Theater & Massasoit Hotel

Redevelopment Opportunity

Marketing description

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Introducing a rare opportunity to own Paramount Theater and Massasoit House Hotel in Springfield, MA. This historic property, listed on the National Register of Historic Places, boasts a rich legacy dating back to 1926. With a total building size of 122,507 SF on 1.54 acres, this unique offering is waiting for a visionary investor to restore it to its former glory. Currently configured as the Hippodrome, with a new roof on theater and a spacious 94-space parking lot, the possibilities for this property are endless. Located in the heart of Western Mass, in the bustling submarket of Springfield, this property is the ideal canvas for a cultural center, boutique hotel, or entertainment hub. Don't miss this chance to be a part of history in the making and create a lasting legacy in this vibrant community. Contact us today to explore the potential of Paramount Theater and Massasoit House Hotel at 1676-1708 Main Street and 33 Gridiron Street!

Plans revealed for $32 million transformation of Springfield's Paramount Theater and Massasoit Block into boutique hotel

  • Non-Contingent

  • Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price

  • Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

  • $10,000 Participation Deposit

1676-1708 Main St, Springfield, MA 01103

33 Gridiron St, Springfield, MA 01103

Investment highlights

  • New Roof on Theater

  • 4 Story Hotel

  • 94 Parking Spaces

  • Business C Zoning

  • National Register of Historic Places

  • Four Presidents Stayed at the Hotel

Listing Contacts

WL
MA 9043582-RE-B, CT 0792574
L&P Commercial - Low
BD
Crexi Contact
Commercial Real Estate Exchange Inc
Listed by L&P Commercial - Low, Commercial Real Estate Exchange Inc

Map

Zoning

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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
William Low
License
9043582-RE-B
Brokerage
L&P Commercial
Brokerage Phone
413 237.9692
Title
President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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