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Mixed-Use Storefront with Upper-Level Residence
For Sale
Contact for pricing
Pending

287-289 Belmont Ave, Springfield, MA 01108

Three entrances provide flexible access across the storefront and upper-level residential space.

Property SizeContact for details
Days on Market144

Property Features for 287-289 Belmont Ave

General Information

Standard status Pending
Property subtype Mixed Use, Multifamily, Office

Additional Details

Gross Income $26,000

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Commercial NRT Longmeadow
Listed By: Cindy Gaynor · License #MA 9539105
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 5:32PM

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 Coldwell Banker Commercial NRT Longmeadow

Investment Insights

Based on property information with market context.

This mixed-use property combines a storefront with an upper-level residential layout. Access includes a primary direct-entry store entrance, a split upper-level entrance with stairs, and a rear door. The second floor contains 4 bedrooms, 2 full bathrooms, a large living room, and a dining room. Basement storage is also available for usage requirements.

The property is occupied by two month-to-month tenants. Each tenant pays their own heat and electricity, providing a straightforward operating arrangement for the current occupants. Located at 287-289 Belmont Ave in Springfield, Massachusetts, the building offers separate commercial and residential areas within one asset.

Key Highlights

  • Mixed‑use building with storefront and upper‑level residential space
  • 3 separate entrances, including direct store access, upper‑level stair entry, and a rear door
  • Upper level includes 4 bedrooms and 2 full bathrooms

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Cafe & Coffee Shop Gym & Fitness Center Locksmith

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

940
Businesses Nearby

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 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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three entrances provide flexible access across the storefront and upper-level residential space.
Where is this mixed-use property located?
The property is located at 287-289 Belmont Ave Springfield, MA.
What are key features of this property?
This property features: Mixed‑use building with storefront and upper‑level residential space; 3 separate entrances, including direct store access, upper‑level stair entry, and a rear door; Upper level includes 4 bedrooms and 2 full bathrooms
More about this property
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