Mixed-Use Property with
New
For Sale
$850,000
281-285 Belmont Avenue, Springfield, MA 01108
Four residential units and two commercial storefronts create a combined residential and retail configuration.
Property Size8,000 SF
Price / SF$106.25
Days on Market5
Property Features for 281-285 Belmont Avenue
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
4
Building Details
Year Built
1990
Tenancy
Multi
Listing Agency:
Naples Realty Group
Listed By:
Sheila Perez
(603) 352-5533
Source:
Hgjohnsonrealestate
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 9:25AM
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 Naples Realty Group
Investment Insights
Based on property information with market context.
Located at 281-285 Belmont Avenue, this mixed-use property combines four residential units with two storefronts. Two of the residential units are vacant, while the remaining units are occupied. The layout provides both residential and commercial components within one property, with storefront space suited to retail or other commercial occupancy supported by the existing configuration.
Built in 1990, the property measures 8,000 square feet and includes lead certificates. Its combination of dwelling units and storefronts offers flexibility for an owner-occupant or an investor seeking a property with residential and commercial components.
Built in 1990, the property measures 8,000 square feet and includes lead certificates. Its combination of dwelling units and storefronts offers flexibility for an owner-occupant or an investor seeking a property with residential and commercial components.
Key Highlights
- Four residential units plus two storefronts
- Two residential units are currently vacant
- 8,000 square feet of mixed‑use property
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
Explore this area
Business Placement
Demographics for 01108, MA
27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four residential units and two commercial storefronts create a combined residential and retail configuration.
Where is this mixed-use property located?
The property is located at 281-285 Belmont Avenue Springfield, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four residential units plus two storefronts; Two residential units are currently vacant; 8,000 square feet of mixed‑use property
