NAI Plotkin Sells Historic Hampden Savings Bank Building in Downtown Springfield
NAI Plotkin, a leading commercial real-estate brokerage firm, announced it represented the seller in the sale of 1665 Main St., a 2,010-square-foot commercial building, formerly Hampden Savings Bank, located in downtown Springfield. The building was constructed in 1918 and has a glass ceiling with an ornate supporting structure, marble walls, and copper entrance. The asset sold for $285,000, although it last assessed for $127,600. Wilfredo Lopez of NAI Plotkin was the listing broker for the property. RLTY Development Springfield LLC secured the property and, as the new owner, plans to complete restoration of the original bank building and open a retail cannabis location. The building is also located directly across the street from the Paramount Theater and one block from the newly renovated Union Station.