Hospitality

Springfield, MA Hospitality Properties 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
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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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
View details
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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2 active listings match your search: Hospitality for sale in Springfield, MA. Based on your search, we've also compiled 13 Potential Opportunities for your consideration: 4 properties in nearby cities, 8 off-market properties to explore as potential leads, and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Hotel Property with Theater
Hotel Property with Theater

360 Farmington Ave, Hartford, CT 06105

$1,200,000
8,752 sqft

Guest accommodations are arranged as individual one-bedroom units, with a functioning theater in the building.

View details
White Coach Motel with 13 Units
White Coach Motel with 13 Units

309 Sturbridge Rd, Brimfield, MA 01010

$700,000
4.00 AC lot

Four-building motel property with paved on-site parking along Route 20.

View details
Multi-Building Campground Compound
Multi-Building Campground Compound

613 Town Street, East Haddam, CT 06469

$799,900
2,000 sqft 25.00 AC lot

Multiple buildings include bunkhouses, recreation facilities, an operational pool, and courts.

View details
COMMERCIAL - East Haddam, CT
COMMERCIAL - East Haddam, CT

613 Town St, East Haddam, CT 06469

$1,250,000
2,000 sqft 25.00 AC lot

Updated scout camp with multiple buildings and revenue potential.

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 10 hospitality properties for sale in Springfield, MA on our real estate platform. These investment opportunities span a total of 2,268 square feet of properties for sale, with an estimated market value of $849,900.

Sale prices for hospitality properties in Springfield, MA average $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

Bed & breakfasts 1
Hotels 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
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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