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  5. ›Bid No. 27-033 For Sale: Redevelop Residential Building at…

Massachusetts City of Springfield·Massachusetts

Bid No. 27-033 For Sale: Redevelop Residential Building at 321 Tiffany Street

Closes 10/14/2026$150k – $250kInvitation for Bid
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Description

The City of Springfield is offering for sale a vacant 1950‑era residential building located at 321 Tiffany Street. The property sits on a 7,687 sq ft lot, includes roughly 1,072 sq ft of living space, and is zoned Residence A. The city prefers proposals that preserve the existing structure, but will also consider demolition and new construction of a residential building. Interested parties must review bid documents, attend optional site visits, and submit a proposal by the deadline. • Property sale with optional redevelopment (rehabilitation or demolition/re‑construction). • Assessed value $190,800 provides a financial baseline for bidding. • Two optional site‑visit windows (Sept 17 and Sept 22, 2026) for inspection and data gathering. • Submission deadline: Oct 14, 2026 2 PM; all proposals must be delivered to the Chief Procurement Officer. • No fixed purchase price; award will be based on the best overall proposal per the city’s discretion.

Attached files

Contact

Lauren Stabilo(Chief Procurement Officer)

[email protected]

(413) 787-6284

Key dates

Opened
8/26/2026
Site visit
9/17/2026
Closes
10/14/2026

Last updated

Details

Type
Invitation for Bid
Industry
Property Development
NAICS
236210
Solicitation №
BD-27-1167-PUR02-PUR01-132687

Budget estimate

$150,000 – $250,000

The solicitation does not state a sale price; the assessed value is $190,800, which likely serves as a reference point. Assuming the winning bidder purchases the property near that value and undertakes renovation or reconstruction, total contract revenue (sale plus construction services) could range from about $150,000 for a basic rehab to $250,000 or more for full demolition and new construction. Factors influencing the range include the extent of demolition, design complexity, material costs, and market conditions.

AI estimate from the solicitation

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