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Fifth-Floor Office Suite
For Lease
$18 SF/Yr

225 Park Ave #5, West Springfield, MA 01089

Fifth-floor office space is available in Park Tower with on-site parking and access to major highways.

Space SizeContact for details
Property Size2,271 SF
Days on Market568

Property Features for 225 Park Ave #5

General Information

Standard status Active
Size 2,271 SF
Total Parking Spaces 7
Zoning BA-1

Taxes and HOA fees

Annual Taxes $56,318

Building Details

Building Size 2,271 SF
Year Built 1974
Listing Agency: Pioneer CRE
Listed By: Paul J Bongiorni · License #REB.0793882
Source: Insightrealtygroup
Added: Feb 10, 2025 Changed: Aug 31 Last Checked: Aug 31 at 12:35PM

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 Pioneer CRE

Investment Insights

Based on property information with market context.

Fifth-floor office space is available for lease at Park Tower. The suite is located within Park Tower, a prominent multi-tenant building offering convenient access for office users.

Park Tower is situated on high-traffic Park Avenue and is easily accessible from Springfield area highways. On-site parking is available for tenants and visitors.

The location provides convenient proximity to downtown West Springfield and downtown Springfield, Route 5 shopping centers, and the Eastern States Exposition. KeyBank is an existing tenant in the Park Tower complex.

Key Highlights

  • Fifth‑floor office space available for lease in Park Tower
  • Park Tower building was built in 1974
  • On‑site parking available

Property Analytics

Current Use

KeyBank Bank KeyBank ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic Pharmacy Storage Facility Furniture & Home Goods Restaurant

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

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,174
Businesses Nearby

Demographics for 01089, MA

28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value

Market

Lease Benchmarks for West Springfield, MA

$18.32 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
10,127 SF
Avg Space Size

This space is priced 2% below the average of $18.32 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - Fifth-floor office space is available in Park Tower with on-site parking and access to major highways.
Where is this office units located?
The property is located at 225 Park Ave #5 West Springfield, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Fifth‑floor office space available for lease in Park Tower; Park Tower building was built in 1974; On‑site parking available
More about this property
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