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!
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
Map
Zoning
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Additional Information
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