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Strip-Mall Restaurant with Equipment
For Sale
Contact for pricing
Pending

450 Plumtree Rd, Springfield, MA 01118

Restaurant sale includes existing equipment and inventory.

Property SizeContact for details
Days on Market143

Property Features for 450 Plumtree Rd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Equipment Included Yes
Listing Agency: Berkshire Hathaway HomeServices Realty Professionals
Listed By: Priscilla Harman · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 12:03AM

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 Berkshire Hathaway HomeServices Realty Professionals

Investment Insights

Based on property information with market context.

This conventional restaurant is positioned within a strip mall at 450 Plumtree Rd in Springfield, Massachusetts. The sale includes the existing equipment and inventory, allowing the next operator to acquire the restaurant together with its in-place contents.

The property is associated with both dine-in restaurant operations and takeout business. Space at the rear of the building is identified as offering room for expansion. The buyer will pay for utilities separately.

Key Highlights

  • Conventional restaurant located in a strip mall
  • Existing equipment and inventory included in the sale
  • Rear portion of the building offers room to expand

Property Analytics

Current Use

Carol & Co Hair ... Hair Salon Pizza Viva Restaurant

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Spa & Massage Center Gym & Fitness Center

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

289
Businesses Nearby
Under-served
Demand for This Use

Demographics for 01118, MA

14,296
Population
5,787
Households
2.5
Avg Household Size
40
Median Age
30%
College-Educated
91%
High-School Grad
3.6 sq mi
ZIP Area
3,971
Density / Sq Mi
$80,906
Median Household Income
$48,486
Median Earnings
$1,220
Median Rent
$243,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant sale includes existing equipment and inventory.
Where is this conventional restaurant located?
The property is located at 450 Plumtree Rd Springfield, MA.
What are key features of this property?
This property features: Conventional restaurant located in a strip mall; Existing equipment and inventory included in the sale; Rear portion of the building offers room to expand
More about this property
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