217-241 Park Ave West Springfield, MA 01089

Building Details

Year Built

1974

Listing agency Pioneer CRE p***@pioneer-cre.com Show Phone

Listed by Paul Bongiorni · License #REB.0793882 Show Phone

Source Elliman

Added: Nov 28, 2025 Updated: Jul 10 at 12:35PM Checked: Jul 20 at 4:08AM

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Investment Insights

Based on property information with market context.

This commercial real estate package in downtown West Springfield presents a unique investment opportunity. The sale includes a five-story office tower and a single-story office building, situated across four parcels. The Park Tower at 225 Park Ave. offers approximately 17,670 net square feet of office space across multiple floors. Features include a boardroom, several kitchens, and a two-lane drive-through ATM. KeyBank will lease back their existing first-floor branch, which was recently renovated, and a small portion of the third floor. Adjacent to the tower is a vacant, single-story commercial building at 229 Park Ave., offering approximately 5,884 square feet. This building could be suitable for a variety of uses. The property is located minutes from downtown Springfield, the Riverdale St./Rt. 5 retail corridor, the Big E, and area highways. The corner lot benefits from high traffic counts and visibility.

Key Highlights

• Prime commercial real estate package in downtown West Springfield.
• Leaseback opportunity with KeyBank for approximately 14% of the building area.
• Includes a 5‑story office tower with readily available, luxurious office space.

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FAQs

What type of property is this?

Office building - Prime commercial real estate package with leaseback in downtown.

Where is this office building located?

The property is located at 217-241 Park Ave West Springfield, MA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Prime commercial real estate package in downtown West Springfield.; Leaseback opportunity with KeyBank for approximately 14% of the building area.; Includes a **5‑story office tower with readily available, luxurious office space**.