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    Springfield, MA

    Springfield, MA Commercial Real Estate for Sale

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    Retail Strip Center on Corner
    Updated: May 16
    Retail Strip Center on Corner

    16-24 Arnold Ave, Springfield, MA 01119

    $979,000
    6,350 sqft
    Retail strip center on busy Boston Road Rt 20.
    Located in Springfield's Pine Point section.
    Corner lot location.
    Year Built: 1980.
    Retail Use
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    16-24 Arnold Ave, Springfield, MA, MA 01119

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $74K
      Annual

    • Price @ 7% Cap

      $1.05M
      Above asking
    View Property Analytics
    Church Facility with Open Space
    Updated: Apr 29
    Church Facility with Open Space

    1060 Worcester St, Springfield, MA 01151

    $385,000
    0.29 AC lot
    Church facility at 1060 Worcester St, Springfield, MA 01151
    0.2933‑acre property with O1 zoning
    Constructed in 1955
    Open interior area with 2 bathrooms and an office
    Sound booth, 2 utility closets, and a back room
    View details
    Office Building on High-Traffic Artery
    Office Building on High-Traffic Artery

    1205-1211 Boston Road, Springfield, MA 01119

    $1,075,000
    4,326 sqft 1.26 AC lot

    4,326 SF office building with development potential on 1.26 acres.

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    Mixed-Use Investment Opportunity
    Mixed-Use Investment Opportunity

    26-28 Parker St, Springfield, MA 01151

    $689,000
    1,920 sqft

    Mixed-use property with storefronts and residential units for sale.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Commercial Land with Improvements
    Commercial Land with Improvements

    438-442 Chestnut St, Springfield, MA 01107

    $530,000
    4,000 sqft

    Existing improvements include a new roof, HVAC, and two additional lots currently used for parking.

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    Multi-Use Income-Generating Bridge Street Property
    Multi-Use Income-Generating Bridge Street Property

    289-307 Bridge St, Springfield, MA 01103

    $1,800,000
    57,919 sqft

    Multi-tenant commercial portfolio on high-traffic corridor with value-add opportunities.

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    Warehouse with Permitted Auto Uses
    Warehouse with Permitted Auto Uses

    512 Saint James Avenue, Springfield, MA 01109

    $699,900
    3,000 sqft

    Warehouse building includes overhead doors, multiple vehicle lifts, and fenced parking, with permits for gas station and auto repair.

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    Specialty Property with Value-Add Potential
    Specialty Property with Value-Add Potential

    18 Salem St, Springfield, MA 01105

    $599,000
    20,734 sqft 0.47 AC lot

    Approximately 20,734 SF on a 0.4653-acre lot, currently not occupied, offered for sale in Springfield, MA.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    683-687 State St, Springfield, MA 01109

    $1,675,000
    11,250 sqft

    Mixed-use building with 15 residential apartments and 2 commercial spaces, including vacancies and recently updated units.

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    Three-Story Commercial Building with Bar
    Three-Story Commercial Building with Bar

    21-23 Hampden Street, Springfield, MA 01103

    $450,000
    4,826 sqft

    4,826 SF commercial building with bar, event space, kitchen.

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    Spacious Office Condo For Sale
    Spacious Office Condo For Sale

    299 Carew St 134, Springfield, MA 01104

    $329,900
    1,063 sqft

    1,063 sq ft office condo near Mercy Medical Center.

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    Mixed-Use Property with 17 Units
    Mixed-Use Property with 17 Units

    683-687 State Street, Springfield, MA 01109

    $1,650,000
    11,250 sqft

    Residential apartments and commercial space occupy a 11,250-square-foot property on State Street in Springfield.

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    Mixed-Use Property with Storefronts
    Mixed-Use Property with Storefronts

    281-285 Belmont Avenue, Springfield, MA 01108

    $850,000
    8,000 sqft

    Four residential units and two commercial storefronts create a combined residential and retail configuration.

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    Historic Office Building in Springfield
    Historic Office Building in Springfield

    73 Chestnut St, Springfield, MA 01103

    $700,000
    7,983 sqft

    Prominent office building with redevelopment possibilities in downtown Springfield.

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    Historic Office Building
    Historic Office Building

    83 Maple St, Springfield, MA 01105

    Contact for pricing
    7,000 sqft

    Restored interiors, tall ceilings, large windows, and a wrap-around porch support a distinctive professional setting.

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    Multi-Tenant Retail Building
    Multi-Tenant Retail Building

    520-526 Main Street, Springfield, MA 60187

    Contact for pricing
    12,000 sqft

    Fully leased retail building with 91 feet of frontage and ample parking at a signalized intersection.

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    One-Story Circular Medical Building
    One-Story Circular Medical Building

    80 Congress St, Springfield, MA 01104

    $1,900,000
    12,806 sqft

    Unique one-story, circular medical building with no stairs and HVAC, LED lighting, and video security system.

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    Flex Space with Office and Fenced Yard
    Flex Space with Office and Fenced Yard

    184 Stafford St, Springfield, MA 01104

    Contact for pricing
    5,458 sqft 0.50 AC lot

    Small flex/industrial building with office space, ample parking, and a fenced yard on 0.5 acres.

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    Historic Downtown Bar Restaurant Space
    Historic Downtown Bar Restaurant Space

    1252 Main St, Springfield, MA 01103

    Contact for pricing
    1,473 sqft

    First-floor space under renovation and built out as a bar/restaurant with exposed brick and architectural detail.

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    Historic Bank Building with Skylight
    Historic Bank Building with Skylight

    1665 Main St, Springfield, MA 01103

    Contact for pricing
    1,608 sqft

    Historic bank space with soaring ceilings and a large skylight, plus a decommissioned vault and back area.

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    Duplex with Five-Bay Carriage House
    Duplex with Five-Bay Carriage House

    82-84 Noel Street, Springfield, MA 01108

    $498,000
    4,228 sqft 0.58 AC lot

    Two residences are complemented by substantial garage and workshop space.

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    Office Building with Large Parking Field
    Office Building with Large Parking Field

    125 Liberty St, Springfield, MA 01103

    Contact for pricing
    54,720 sqft

    Substantial office building offering extensive on-site parking for tenants, occupants, and future redevelopers.

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    Downtown Office Suite
    Downtown Office Suite

    1380 Main Street, Springfield, MA 01103

    Contact for pricing
    594 sqft

    Multiple office suites offer reception areas and offices with large windows in a professional building.

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    Chick-fil-A NNN Property
    Chick-fil-A NNN Property

    1655 Boston Road, Springfield, MA 01129

    Contact for pricing
    5,244 sqft 1.75 AC lot

    Single-tenant ground lease asset on Boston Road with long-term renewal options and scheduled rent escalations.

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    Springfield, MA Commercial Real Estate Market Trends and Statistics

    Explore 134 commercial real estate for sale in Springfield, MA, showcased through 134 active listings on our real estate platform. These investment opportunities span a total of 1,643,989 square feet of properties for sale, with an estimated market value of $35,210,222.

    Sale prices for business properties in Springfield, MA start at $95,000, averaging $765,439, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 171K
    Population Growth (5Y) +1.4%
    Median Household Income $60,860
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Indian Orchard - 01151 $459.7K
    Springfield - 01103 $543.8K

    Taxes & Financing

    Tax Rate (average for all types) 3.26%
    Property Tax per SF $40.45 per SF
    Tax Rate vs County Average 0.49 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Springfield, MA

    • 01103
    • 01105
    • 01109
    • 01104
    • 01108
    • 01151
    • 01119
    • 01129
    • 01107
    • 01118
    • 01199

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