Search
Strip Mall with Restaurant Units
For Sale
$1,389,000

1168 Boston Road, Springfield, MA 01119

Three-unit retail strip mall on Boston Road with ample surface parking and a restaurant plus two additional income-producing spaces.

Property SizeContact for details
Days on Market71

Property Features for 1168 Boston Road

General Information

Standard status Active
Property subtype Commercial
Zoning B1, Legal Conforming

Taxes and HOA fees

Annual Taxes $22,064

Building Details

Year Built 1974
Listing Agency: Coldwell Banker Community REALTORSÂ
Listed By: Walter J. Solzak Iii
Source: Alliancepartnersre
Added: Jun 11 Changed: Aug 8 Last Checked: Aug 19 at 3:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Community REALTORSÂ

Investment Insights

Based on property information with market context.

This three-unit strip mall offers a restaurant space and two additional units suited for local businesses or commercial office use. The property is set up with ample surface parking and totals roughly 0.7 acres.

Located at the intersection of Boston Road and Temby Street, the corridor benefits from heavy traffic, with the area seeing over 23,000 vehicle trips per day. Regional and national retailers are located nearby.

The owner is open to build-to-suit development or ground lease opportunities in addition to standard sale interest. The mix of restaurant and office-friendly units makes the center flexible for day-to-day neighborhood commerce.

Key Highlights

  • 3‑unit retail strip mall built in 1974 with ample surface parking
  • Located on Boston Road at Temby Street on approx. 0.7 acres
  • Includes a restaurant unit plus 2 additional income‑producing spaces

Property Analytics

Current Use

EBS (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Spa & Massage Center Accounting Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 01119, MA

14,393
Population
5,517
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
88%
High-School Grad
3.5 sq mi
ZIP Area
4,112
Density / Sq Mi
$59,172
Median Household Income
$45,179
Median Earnings
$1,181
Median Rent
$222,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Three-unit retail strip mall on Boston Road with ample surface parking and a restaurant plus two additional income-producing spaces.
Where is this strip mall located?
The property is located at 1168 Boston Road Springfield, MA.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: 3‑unit retail strip mall built in 1974 with ample surface parking; Located on Boston Road at Temby Street on approx. 0.7 acres; Includes a restaurant unit plus 2 additional income‑producing spaces
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message