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Prime Corner Retail Opportunity
For Lease
$15,000/Mo

1718 Memorial Ave, West Springfield, MA 01089

Retail space across from Eastern States fair grounds.

Space SizeContact for details
Lot Size1.56 Acres
Days on Market267

Property Features for 1718 Memorial Ave

General Information

Standard status Active
Lot size 1.56 Acres
Property subtype Commercial

Building Details

Year Built 2025
Listing Agency: Perella Real Estate Co. Inc
Listed By: Carl Perella · License #9018160
Source: Elliman
Added: Nov 27, 2025 Changed: Jul 6 Last Checked: Aug 20 at 8:35AM

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 Perella Real Estate Co. Inc

Investment Insights

Based on property information with market context.

This storefront property is located on a corner across the street from the Eastern States fair grounds. The location may be suitable for a franchise chain. The annual lease is $180,000 and is negotiable.

Key Highlights

  • Prime corner location.
  • Located across from the Eastern States fairgrounds.
  • Suitable for a franchise chain.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Parking Lot & Garage Tattoo & Piercing Shop Tanning Salon Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

779
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 45% Home Improvements & Furnishings 29% Dining 26%
Rocky's Ace Hardware Home Improvements & Furnishings
15,675 visits/mo 0.1 miles
Starbucks Dining
12,039 visits/mo 0.1 miles
Dollar General Shops & Services
9,629 visits/mo 0.2 miles
TD Bank Shops & Services
5,654 visits/mo 0.1 miles
Dollar Tree Shops & Services
5,034 visits/mo 0.1 miles

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

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
Rey
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Similar Off Market Nearby

  • The Flower Stop West Springfield, MA 01089
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail space across from Eastern States fair grounds.
Where is this storefront property located?
The property is located at 1718 Memorial Ave West Springfield, MA.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Prime corner location.; Located across from the Eastern States fairgrounds.; Suitable for a franchise chain.
More about this property
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