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Springfield, MA Grocery And Convenience Stores for Sale

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Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA Longmeadow, MA
Iconic Corner Property in Springfield
Updated: Nov 28, 2025
Iconic Corner Property in Springfield

988 Main St, Springfield, MA 01105

$699,000
0.11 AC lot
Prime corner location at Main Street and Union Street offering high visibility and foot traffic.
Home to established business, Milano Imported Fine Foods, Inc., a community cornerstone.
Includes two storefronts, an upper‑level residential opportunity, and a parking lot.
Close proximity to MGM Casino, outdoor concert venues, and MassMutual Center.
Easy access to I‑91, facilitating transportation and logistics.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Corner Gas Station with Drive-Thru
Corner Gas Station with Drive-Thru

520 Talcottville Rd., Vernon, CT 06066

Contact for pricing
3,479 sqft 0.96 AC lot

Corner gas station on a nearly acre lot featuring a Dunkin Donuts full-service drive-thru and a Subway within the convenience store.

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Red Bridge Bait and Tackle
Red Bridge Bait and Tackle

1131 East St, Ludlow, MA 01056

$280,000
1.00 AC lot

Operating bait and tackle shop on one-acre lot for sale.

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Red Bridge Bait and Tackle
Red Bridge Bait and Tackle

1131 East St, Ludlow, MA 01056

$280,000
1.08 AC lot

Operating bait and tackle shop with expansion potential.

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Established Convenience Store For Sale
Established Convenience Store For Sale

1237 Hartford Tpke, Vernon, CT 06066

$150,000

Turnkey convenience store with high lottery sales in Vernon.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Pad Site Opportunity
Prime Commercial Pad Site Opportunity

395 Hartford Tpke, Vernon, CT 06066

Contact for pricing
0.66 AC lot

Highly visible commercial pad site on heavily traveled Route 30.

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Off-Market Properties in Springfield, MA

Consider similar Off-Market properties in Springfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

415 Cooley St
GROCERY, SUPERMARKET

415 Cooley St, Springfield, MA 01128-1127

$5,660,000
Estimated value
57,512 sqft 7.88 AC lot
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1168 Boston Rd
Lifestyle centers

1168 Boston Rd, Springfield, MA 01119

Value Estimation by Request
7,600 sqft
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756 Main St
Individual retail properties

756 Main St, Springfield, MA 01105

Value Estimation by Request
12,531 sqft
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Springfield, MA Grocery And Convenience Stores Market Trends and Statistics

Explore 4 grocery and convenience stores for sale in Springfield, MA on our real estate platform.

Sale prices for supermarkets in Springfield, MA average $699,000 — 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

Storefront properties 33
Shopping centers 12
Automotive properties 8
Auto shops 7
Banks 6

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
01105 $699K

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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