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    Springfield, MA Conventional Restaurants for Sale

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    Chicopee, MA West Springfield, MA Agawam, MA
    Turnkey Restaurant Business Opportunity
    $120,000
    Turnkey Restaurant Business Opportunity

    982 Main, Springfield, MA 1103

    Fully equipped restaurant operation with kitchen equipment, POS, and delivery platform setup, plus parking and management space.
    • Business sale only (real estate not included). Buyer must execute a new 2‑year lease with the landlord.
    • Fully equipped commercial kitchen included: grills, fryers, refrigerators, and commercial pizza ovens.
    • Restaurant tech and security included: POS system and security cameras.
    • Setup includes active third‑party delivery platform support.
    • Spacious layout with ample parking and second‑floor office space for management, catering, or storage.
    Updated: Jun 4
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    2.52 Acre Commercial Property
    $3,990,000
    9,000 SF
    2.52 Acre Commercial Property

    1349 Boston Rd, Springfield, MA 1129

    Commercial property with bank, restaurant, and cell tower leases.
    • Located on Boston Road with high‑traffic, seeing over 23,000 vehicles per day.
    • Features three income‑generating leases: M&T Bank, Flynn Group/Applebee's, and Verizon/Vertical Bridge.
    • Includes a 3,113 sq ft bank building leased to M&T Bank.
    • Includes a 4,884 sq ft restaurant building leased to Flynn Group under an Applebee’s lease.
    • Includes a cell tower leased to Verizon and managed by Vertical Bridge.
    Updated: Apr 15, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Banquet Hall with Commercial Kitchen
    $579,900
    5,904 SF
    Banquet Hall with Commercial Kitchen

    Charming banquet facility with a full commercial kitchen, bar, and restored ballroom for catered events and dining.

    27 Depot Street, East Windsor, CT 06016

    View details
    Charming Banquet Hall with Pond Views
    $589,900
    5,904 SF
    Charming Banquet Hall with Pond Views

    Picturesque banquet hall with commercial kitchen and outdoor terrace.

    27 Depot Street, East Windsor, CT 6016

    View details
    Waterfront Restaurant and Marina
    $1,600,000
    19,838 SF
    Waterfront Restaurant and Marina

    Waterfront restaurant with lake views, indoor/outdoor stages, and an included liquor license, supported by marina boat slips.

    141 Congamond Rd, Southwick, MA 1077

    View details
    Waterfront Restaurant with Marina
    $1,600,000
    4,747 SF
    Waterfront Restaurant with Marina

    Restaurant with liquor license and marina with 36 boat slips.

    141 Congamond Rd, Southwick, MA 1077

    View details

    Springfield, MA Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Springfield, MA on our real estate platform. These investment opportunities span a total of 9,000 square feet of properties for sale, with an estimated market value of $3,990,000.

    Sale prices for conventional restaurants in Springfield, MA start at $3,990,000, averaging $3,990,000, and reaching up to $3,990,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 7
    Conventional restaurants 2
    Drive through restaurants 2

    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
    01129 $4M

    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
    • 01129

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