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Updated Spa & Wellness Property
For Lease
$1,300/Mo

797-803 Belmont Ave, Springfield, MA 01108

The space includes salon furnishings, equipment, and a separate entrance serving the retail area.

Space SizeContact for details
Days on Market9

Property Features for 797-803 Belmont Ave

General Information

Standard status Active
Zoning R2, Legal Conforming

Lease Terms

Lease Rate $1,300 /USD/MO
Monthly Rent $1,300

Additional Details

Space Use Retail

Taxes and HOA fees

Annual Taxes $8,502

Building Details

Year Built 1961
Listing Agency: Teamwork Realty Group, LLC
Listed By: Teamwork Realty Group
Source: Aucoinryanrealty
Added: Aug 4 Changed: Aug 5 Last Checked: Aug 11 at 1:34PM

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 Teamwork Realty Group, LLC

Investment Insights

Based on property information with market context.

This spa and wellness property was formerly operated as a salon and includes salon chairs and related equipment. The premises also provide 1 1/2 baths, with updates completed within the last five years.

A separate retail area has its own entrance from the side street, creating distinct access within the property. The building was constructed in 1961 and carries R2, Legal Conforming zoning.

Key Highlights

  • Former salon with salon chairs and equipment
  • 1 1/2 baths
  • Updated within the last five years

Property Analytics

Current Use

Spa & wellness properties

Suggested Use

Top Pick Law Firm Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

835
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 74% Dining 26%
Cumberland Farms Shops & Services
14,122 visits/mo 0.5 miles
Dunkin' Donuts Dining
9,407 visits/mo 0.4 miles
Santander Bank Shops & Services
8,223 visits/mo 0.3 miles
TD Bank Shops & Services
7,575 visits/mo 0.3 miles
Shell Shops & Services
7,423 visits/mo 0.4 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - The space includes salon furnishings, equipment, and a separate entrance serving the retail area.
Where is this spa & wellness property located?
The property is located at 797-803 Belmont Ave Springfield, MA.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: Former salon with salon chairs and equipment; 1 1/2 baths; Updated within the last five years
More about this property
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