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    338-356 Memorial Ave West Springfield, MA 01089

    For Lease
    $2,000 /Mo ($120 SF/Yr)

    Retail space on Memorial Ave, West Springfield.

    Property size:
    200 SF
    Lot size:
    0.39 Acres

    Property Features for 338-356 Memorial Ave

    General Information

    Size
    200 SF
    Lot size
    0.39 Acres

    Source: BHHS - Realty Professionals | Wilbraham Agent Chet Ardolino

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

    Overview

    Memorial Avenue Retail Space

    This approximately 200 square foot retail space is located on Memorial Avenue in West Springfield, directly across from Century Plaza. The property features an open, flexible layout, high ceilings, abundant natural light, and prominent signage. It also includes ample on-site parking and a handicap-accessible restroom. The space is in good condition and offers exceptional visibility and high traffic counts in a busy commercial corridor. It is suitable for retail, service, office, or boutique use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    West Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.6028648
    Latitude
    42.0965958

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    FAQs

    What type of property is this?
    Retail space - Retail space on Memorial Ave, West Springfield.
    Where is this retail space located?
    The property is located at 338-356 Memorial Ave West Springfield, MA.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Memorial Ave, directly across from Century Plaza (McDonald's, Big Y).; - Exceptional visibility and easy access in a busy commercial corridor.; - Open, flexible 200 sq ft layout in great condition.
    (413) 221-0310
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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
    338-356 Memorial Ave West Springfield, MA 01089
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