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    1027 E Columbus Ave Springfield, MA 01105

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    For Sale
    $525,000

    Retail property for sale in a high-traffic Springfield location.

    Property size:
    2,442 SF
    Lot size:
    0.12 Acres

    Property Features for 1027 E Columbus Ave

    General Information

    Size
    2,442 SF
    Lot size
    0.12 Acres

    Source: Region Commercial Agent Ben Bolotin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property in Springfield, MA

    The property at 1027 East Columbus Avenue in Springfield, MA, is available for sale. Situated on approximately 0.25 acres, the property encompasses around 2,442 square feet. It is located just south of downtown Springfield along the East Columbus Avenue corridor, a key arterial route offering direct access to I-91 and Route 83. This high-traffic area provides signage opportunities and connectivity, and is located minutes from Union Station, MGM Springfield, and the MassMutual Center. The site is positioned within a mixed commercial and institutional area, near municipal buildings, legal offices, and local retailers.
    Insight Report Location Intelligence

    Current Use by Public Records

    Jeff's Picture Framing Picture Frame Shop

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5841283
    Latitude
    42.0952007

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    FAQs

    What type of property is this?
    Retail space - Retail property for sale in a high-traffic Springfield location.
    Where is this retail space located?
    The property is located at 1027 E Columbus Ave Springfield, MA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - High-visibility location on East Columbus Avenue corridor.; - Direct access to I-91 and Route 83.; - Proximity to Union Station, MGM Springfield, and MassMutual Center.
    (413) 530-3215
    Request Owner's contact information
    1027 E Columbus Ave Springfield, MA 01105
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    Springfield, MA 01105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1027 E Columbus Ave Springfield, MA 01105
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