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    Springfield, MA
    Hospitality

    Springfield, MA Hospitality Properties for Sale

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    Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA South Hadley, MA
    Eight-Unit Bed & Breakfast Property
    Updated: Sep 20, 2023
    Eight-Unit Bed & Breakfast Property

    18 Springfield St, Springfield, MA 01107

    Contact for pricing
    Three‑story primary building with 8 units and 9 baths
    Hoteliers License, industrial kitchen, and common areas
    Private bath in every guest unit; most sleep more than two
    Separate 2‑bedroom, 2‑bath ranch building
    Updated mechanicals, solar power, and contactless‑operation technology
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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.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Historic Victorian Mixed-Use Property
    Historic Victorian Mixed-Use Property

    792 Bantam Road, Litchfield, CT 06750

    $439,000
    2,943 sqft 0.90 AC lot

    Versatile property with commercial, residential, and retail use potential in a historic setting.

    View details
    Historic Greenfield Property with Potential
    Historic Greenfield Property with Potential

    151 Smead Hill Rd, Greenfield, MA 01301

    $699,000
    5.44 AC lot

    Historic property in Greenfield with multi-use enterprise potential.

    View details
    Historic Wedding Venue Property
    Historic Wedding Venue Property

    151 Smead Hill Road, Greenfield, MA 01301

    $599,000
    8,744 sqft

    Historic hospitality property in a Rural Residential zone with flexibility for lodging and event uses.

    View details
    Victorian Mixed-Use Property
    Victorian Mixed-Use Property

    792 Bantam Rd, Litchfield, CT 06750

    $439,000

    Victorian-era property offers commercial, residential, and retail potential with on-site parking.

    View details

    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.

    Residential Development Land
    Residential Development Land

    Tolland Stage Road, Tolland, CT 06084

    $1,550,000
    83.12 AC lot

    83.12-acre level raw land parcel zoned RDD with frontage on Tolland Stage Road and additional access via Buff Cap Road.

    View details

    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.

    24 Park St
    HOTEL

    24 Park St, Springfield, MA 01103-2103

    Estimated value:
    $100,000
    30,473 sqft 0.38 AC lot
    View details
    333 Boston Rd, Unit 339
    MOTEL

    333 Boston Rd, Springfield, MA 01109-1209

    Unit 339
    Estimated value:
    $830,000
    14,510 sqft 0.96 AC lot
    View details
    851 Columbus Ave
    HOTEL

    851 Columbus Ave, Springfield, MA 01105-2534

    Estimated value:
    $1,320,000
    53,886 sqft 1.34 AC lot
    View details
    711 Dwight St
    HOTEL

    711 Dwight St, Springfield, MA 01104-3445

    Estimated value:
    $1,350,000
    152,488 sqft 3.29 AC lot
    View details
    1356 Boston Rd, Unit 1
    MOTEL

    1356 Boston Rd, Springfield, MA 01119-1334

    Unit 1
    Estimated value:
    $675,000
    30,668 sqft
    View details
    143-147 State St
    HOTEL

    143-147 State St, Springfield, MA 01103

    Estimated value:
    $1,475,000
    73,575 sqft 0.19 AC lot
    View details
    1500 Main St
    MOTEL

    1500 Main St, Springfield, MA 01103

    Estimated value:
    $2,775,000
    198,606 sqft
    View details
    800 Hall Of Fame Ave
    MOTEL

    800 Hall Of Fame Ave, Springfield, MA 01105-2524

    Estimated value:
    $5,385,000
    80,144 sqft
    View details

    Springfield, MA Hospitality Properties Market Trends and Statistics

    Explore 9 hospitality properties for sale in Springfield, MA on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bed & breakfasts 1

    Demographics Overview

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

    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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