Two-Suite Storefront
For Sale
Contact for pricing
1886 Allen St, Springfield, MA 01118
Two commercial spaces offer flexibility for renovation, future leasing, or owner occupancy.
Property SizeContact for details
Days on Market141
Property Features for 1886 Allen St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Perella Real Estate Co. Inc
(413) 525-9800
Listed By:
Carl Perella · License #MA 9018160
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:29PM
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 contains two commercial spaces currently occupied by a pizza shop and a nail salon. Neither space has a lease in place, and both occupants are expected to vacate, providing the next owner with control over the property’s future use.
The building can be repositioned through renovation and subsequent leasing, or used by an owner-occupant. Neighboring businesses include Stop and Shop and Big Y Gas, placing the property within an established commercial setting on Allen St in Springfield.
The building can be repositioned through renovation and subsequent leasing, or used by an owner-occupant. Neighboring businesses include Stop and Shop and Big Y Gas, placing the property within an established commercial setting on Allen St in Springfield.
Key Highlights
- Two commercial spaces currently house a pizza shop and nail salon
- Neither space has a lease in place
- Both existing occupants are expected to vacate
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
160k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Apparel 24%
Shops & Services 19%
Superstores 16%
Burlington
Apparel
38,688 visits/mo
0.4 miles
Texas Roadhouse
Dining
27,364 visits/mo
0.4 miles
Big Lots
Superstores
25,721 visits/mo
0.4 miles
Burger King
Dining
17,801 visits/mo
0.3 miles
Dunkin' Donuts
Dining
15,832 visits/mo
0.3 miles
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
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Similar Off Market Nearby
- Stop & Shop Florist — Springfield, MA 01128
- Big Y Floral — 300 Cooley St, Springfield, MA 01118
Frequently Asked Questions
What type of property is this?
Storefront property - Two commercial spaces offer flexibility for renovation, future leasing, or owner occupancy.
Where is this storefront property located?
The property is located at 1886 Allen St Springfield, MA.
What are key features of this property?
This property features: Two commercial spaces currently house a pizza shop and nail salon; Neither space has a lease in place; Both existing occupants are expected to vacate
