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Park Avenue Office Space Available
For Lease
$16 SF/Yr

225 Park Ave 2, West Springfield, MA 01089

Second floor office space for lease in prominent Park Tower.

Space SizeContact for details
Property Size2,607 SF
Lot Size0.37 Acres
Days on Market152

Property Features for 225 Park Ave 2

General Information

Standard status Active
Size 2,607 SF
Lot size 0.37 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $56,318

Building Details

Building Size 2,607 SF
Year Built 1974
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #REB.0793882
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:42AM

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.

Second floor office space is available for lease at Park Tower, a prominent building situated on high-traffic Park Avenue, offering prime visibility. The property is easily accessible from Springfield area highways and features on-site parking. It is located minutes from downtown West Springfield, downtown Springfield, Route 5 shopping centers, and the Eastern States Exposition. KeyBank is also located in the Park Tower complex. The lease rate is $16 per square foot.

Key Highlights

  • High‑traffic Park Avenue location offers prime visibility.
  • Easily accessible from Springfield area highways.
  • 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
$2.40 /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

$18.11 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
9,949 SF
Avg Space Size

This space is priced 12% below the average of $18.11 /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 - Second floor office space for lease in prominent Park Tower.
Where is this office units located?
The property is located at 225 Park Ave 2 West Springfield, MA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: High‑traffic Park Avenue location offers **prime visibility**.; Easily accessible from Springfield area highways.; On‑site parking available.
More about this property
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