Conventional Restaurant

Springfield, MA Conventional Restaurants for Sale

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Chicopee, MA West Springfield, MA Agawam, MA East Longmeadow, MA Holyoke, MA Ludlow, MA Wilbraham, MA South Hadley, MA
Found 8 conventional restaurant listings for sale in Springfield, MA, averaging $184/sq ft. Use valuation data to compare deals faster.
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Mixed-Use Property with Lodging and Tavern
Updated: Oct 13
Mixed-Use Property with Lodging and Tavern

664-668 Page Blvd, Springfield, MA 01104

$849,900
2,268 sqft
Licensed 12‑room lodging house
First‑floor tavern/restaurant is leased
Restaurant renovation completed in 2023; approximately $300,000 invested
2,268‑square‑foot property built in 1926
Tavern tenant covers 50% of real estate taxes and 50% of water expense
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Restaurant with Outdoor Dining
Updated: Nov 4
Restaurant with Outdoor Dining

750 Boston Rd, Springfield, MA 01119

$645,000
3,650 sqft
3,650‑square‑foot restaurant property
Kitchen includes cooking equipment and utensils
Bar, dance floor, outdoor dining, and seating areas for groups
B1, Legal Conforming zoning
Built in 1935
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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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See hot listings in Springfield

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Downtown First-Floor Flex Space
Downtown First-Floor Flex Space

1675 Main St, Springfield, MA 01103

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1,909 sqft

First-floor restaurant, retail, or office space available with potential to include an existing hood and sink.

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

1655 Boston Road, Springfield, MA 01129

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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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Single-Tenant Net-Lease Property
Single-Tenant Net-Lease Property

1655 Boston Road, Springfield, MA 01129

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2,325 sqft

Newly constructed restaurant property with a long-term net lease and contractual rent increases.

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Turnkey Restaurant Business Opportunity
Turnkey Restaurant Business Opportunity

982 Main, Springfield, MA 01103

$100,000

Fully equipped restaurant operation with kitchen equipment, POS, and delivery platform setup, plus parking and management space.

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2.52 Acre Commercial Property
2.52 Acre Commercial Property

1349 Boston Rd, Springfield, MA 01129

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9,000 sqft 2.52 AC lot

Commercial property with bank, restaurant, and cell tower leases.

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8 active listings match your search: Restaurant for sale in Springfield, MA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Retail Property Near Interstate 91
Retail Property Near Interstate 91

915 Main Street, Holyoke, MA 01040

$750,000
2,520 sqft

Two-unit retail property with established convenience store and restaurant.

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Mixed-Use Property with Restaurant Build-Out
Mixed-Use Property with Restaurant Build-Out

733 Chicopee Street, Chicopee, MA 01013

Contact for pricing
2,744 sqft

Includes a vacant bar/restaurant suite, leased apartment, and basement support space.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

13 Center St & 50 Springfield St, Chicopee, MA 01013

$2,995,000

A restaurant tenancy and occupied residential units provide commercial and apartment income under one ownership.

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Holyoke Restaurant Opportunity on Main
Holyoke Restaurant Opportunity on Main

389 Main St, Holyoke, MA 01040

Contact for pricing
988 sqft

Legacy restaurant space for sale on Holyoke's Main Street.

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Springfield, MA Conventional Restaurants Market Trends and Statistics

Explore 8 conventional restaurants for sale in Springfield, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 26,004 square feet of properties for sale, with an estimated market value of $1,594,900.

Sale prices for conventional restaurants in Springfield, MA start at $100,000, averaging $531,633, and reaching up to $849,900 — 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

Conventional restaurants 15
Bars & Pubs 8
Coffee shops 3
Breakfast & diners 1
Drive through restaurants 1

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
01103 $33.3K
01104 $849.9K

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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