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Fifth-Floor Office Unit
New
For Lease
$18 SF/Yr

225 Park Ave Unit 5, West Springfield, MA 01089

Park Tower office space with on-site parking and access to Springfield-area highways.

Space SizeContact for details
Days on Market2

Property Features for 225 Park Ave Unit 5

General Information

Standard status Active

Space & Availability

Floor 5
Space Use Office

Additional Details

Highway Access Yes

Amenities

on-site parking

Building Details

Year Built 1974
Listing Agency: Pioneer CRE
Listed By: Paul Bongiorni · License #9575704
Source: Lyvrealty
Added: Sep 9 Last Checked: Sep 9 at 3:49PM

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.

This 2,271-square-foot office unit occupies the fifth floor of Park Tower, a 1974-built commercial building at 225 Park Ave in West Springfield. The property provides on-site parking and is configured for office use within the Park Tower complex.

The location offers access from Springfield-area highways and places the space minutes from downtown West Springfield, downtown Springfield, Route 5 shopping centers, and the Eastern States Exposition. KeyBank is also identified as a tenant within the complex.

Key Highlights

  • 2,271‑square‑foot fifth‑floor office unit
  • Located in Park Tower, built in 1974
  • On‑site parking available

Property Analytics

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Open 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.70 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for West Springfield, MA

$18.19 /SF/Yr
Avg Asking Price
$9–$24 /SF/Yr
Price Range
3,284 SF
Avg Space Size

This space is priced 1% below the average of $18.19 /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 - Park Tower office space with on-site parking and access to Springfield-area highways.
Where is this office units located?
The property is located at 225 Park Ave Unit 5 West Springfield, MA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,271‑square‑foot fifth‑floor office unit; Located in Park Tower, built in 1974; On‑site parking available
More about this property
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