Eight-Unit Bed & Breakfast
For Sale
Contact for pricing
18 Springfield St, Springfield, MA 01107
Operating hospitality property with a Hoteliers License, industrial kitchen, shared space, and a separate ranch building.
Property SizeContact for details
Days on Market1083
Property Features for 18 Springfield St
General Information
Standard status
Active
Property subtype
Industrial, Hospitality
Additional Details
Business Included
Yes
Highway Access
Yes
Amenities
industrial kitchen
common space
solar
Building Details
Buildings
2
Abandoned
No
Listing Agency:
Berkshire Hathaway HomeServices Realty Professionals
Listed By:
Anthony Ardolino · License #MA 9517020-RE-B
(413) 543-6766
Source:
Crexi
Added: Sep 20, 2023
Changed: Sep 5
Last Checked: Sep 5 at 6:20AM
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 operating bed-and-breakfast property includes two buildings and a Hoteliers License. The primary structure is a three-story building with 8 units, 9 baths, an industrial kitchen, and common areas. Each guest unit has a private bath, while most can accommodate more than two guests. Updated mechanical systems, solar power, and technology supporting contactless operations are also in place.
A second building is a 2-bedroom, 2-bath ranch that can function as a private residence or be incorporated into the bed-and-breakfast operation. The property is seconds from I-91 and next to Baystate Medical Center. The business has a 20-year record of positive cash flow and customer reviews.
A second building is a 2-bedroom, 2-bath ranch that can function as a private residence or be incorporated into the bed-and-breakfast operation. The property is seconds from I-91 and next to Baystate Medical Center. The business has a 20-year record of positive cash flow and customer reviews.
Key Highlights
- Three‑story primary building with 8 units and 9 baths
- Hoteliers License, industrial kitchen, and common areas
- Private bath in every guest unit; most sleep more than two
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,674
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01107, MA
11,252
Population
4,534
Households
2.5
Avg Household Size
32
Median Age
14%
College-Educated
65%
High-School Grad
1.5 sq mi
ZIP Area
7,501
Density / Sq Mi
$31,969
Median Household Income
$31,543
Median Earnings
$963
Median Rent
$215,500
Median Home Value
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Similar Off Market Nearby
- Naomi's Inn Bed and Breakfast — 20 Springfield St, Springfield, MA 01107
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Operating hospitality property with a Hoteliers License, industrial kitchen, shared space, and a separate ranch building.
Where is this bed & breakfast located?
The property is located at 18 Springfield St Springfield, MA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three‑story primary building with 8 units and 9 baths; Hoteliers License, industrial kitchen, and common areas; Private bath in every guest unit; most sleep more than two
