Springfield, MA Parking Lots & Garages for Sale

List

Map

Chicopee, MA West Springfield, MA Agawam, MA East Longmeadow, MA Holyoke, MA Ludlow, MA Longmeadow, MA Wilbraham, MA

Updated: Jan 7, 2025

Downtown Retail Storefront with Parking

982 Main St, Springfield, MA 01103

$599,000

4,590 sqft

Multi‑tenant Main Street storefront at 982 Main Street and 974‑976 Main Street in downtown Springfield (Year built: 1929).
Three established tenants are currently renting the space.
Additional parking: two parcels on Wilcox Street, both combined at approximately 6,098 SF, designated for parking.
1021 Main Street is also for sale (MLS #73323738), offering the option to purchase as a package or separately.

View details

This listing looks promising.

Here's a quick look at some key insights for

982 Main St, Springfield, MA 01103

View Property Analytics

Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$53K
Annual
Price @ 7% Cap

$760K
Above asking
Last Sold

Jan 2018
$172K
Property Type

Restaurant
Built 1900

View Property Analytics

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Contractor Garage Condominium

169 Norwich Road, Plainfield, CT 06374

$309,000

2,400 sqft 5.00 AC lot

Condo garage units with two 14-foot overhead doors, a bathroom, and 200-amp three-phase power.

View details

Commercial Opportunity in Plainfield

35 Norwich Road, Plainfield, CT 06374

$520,000

2,625 sqft 1.94 AC lot

Commercial property with showroom, office, service area, and parking.

View details

Paved Parking Lot Near Canal District

172 Washington Street, Worcester, MA 01610

Contact for pricing

5,500 sqft

Paved surface parking lot offering arterial approach visibility on Worcester’s Canal District northern edge.

View details

Paved Parking Lot Opportunity

9 Langdon Street, Worcester, MA 01608

Contact for pricing

One-acre-plus paved parking lot with active operations near Polar Park and the Canal District in Worcester.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Versatile Lot Near Downtown

124 Rockwell Street, Winchester, CT 06098

Contact for pricing

0.44 AC lot

Prime 0.44-acre lot near downtown with city utilities available.

View details

Prime Commercial Land Opportunity

576 Holmes Road, Holmes, NY 12531

$300,000

4.36 AC lot

Two commercial parcels totaling 4.361 acres with high visibility.

View details

Garage Parking on K Street

400-R K, Boston, MA 02127

$150,000

183 sqft

Rare garage parking available in Boston's K Street area.

View details

Garage Parking Space

400-R K, Boston, MA 02127

$150,000

183 sqft

Single-car garage parking space with 9-by-20 dimensions and established rental history.

View details

Off-Market Properties in Springfield, MA

Consider similar Off-Market properties in Springfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB10

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB5

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

235 State St, Springfield, MA 01103-1730

Unit C21

Value Estimation by Request

View details

PARKING LOT

Parker St, Springfield, MA 01101

Value Estimation by Request

0.29 AC lot

View details

PARKING LOT

Saint George Rd, Springfield, MA 01101

$2,405,000

Estimated value

0.49 AC lot

View details

PARKING LOT

33 Gridiron St, Springfield, MA 01103

$750,000

Estimated value

0.70 AC lot

View details

RESIDENTIAL PARKING GARAGE

78 Yorktown Dr, Springfield, MA 01108-3136

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB7

Value Estimation by Request

View details

PARKING LOT

86 Bowdoin Ter, Springfield, MA 01101-4033

Value Estimation by Request

0.06 AC lot

View details

PARKING LOT

35 Hampden St, Springfield, MA 01103-1211

$700,000

Estimated value

0.34 AC lot

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB14

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB13

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB4

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB2

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB17

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB21

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB1

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB16

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB12

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB6

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB3

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB20

Value Estimation by Request

View details

RESIDENTIAL PARKING GARAGE

34 Sumner Ave, Springfield, MA 01108-2368

Unit PB15

Value Estimation by Request

View details

Springfield, MA Parking Lots & Garages Market Trends and Statistics

Explore 72 parking lots & garages for sale in Springfield, MA on our real estate platform. These investment opportunities span a total of 4,590 square feet of properties for sale, with an estimated market value of $599,000.

Sale prices for parking garages in Springfield, MA average $599,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 171K

Population Growth (5Y) +1.4%

Median Household Income $60,860

College Educated 19.9%

Taxes & Financing

Tax Rate (average for all types) 3.26%

Property Tax per SF $40.45 per SF

Tax Rate vs County Average 0.49 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings

Springfield, MA Parking Lots & Garages for Sale

982 Main St, Springfield, MA 01103

Opportunities in Nearby Cities

169 Norwich Road, Plainfield, CT 06374

35 Norwich Road, Plainfield, CT 06374

172 Washington Street, Worcester, MA 01610

9 Langdon Street, Worcester, MA 01608

Potential Development Sites for Consideration

124 Rockwell Street, Winchester, CT 06098

576 Holmes Road, Holmes, NY 12531

400-R K, Boston, MA 02127

400-R K, Boston, MA 02127

Off-Market Properties in Springfield, MA

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

235 State St, Springfield, MA 01103-1730

Parker St, Springfield, MA 01101

Saint George Rd, Springfield, MA 01101

33 Gridiron St, Springfield, MA 01103

78 Yorktown Dr, Springfield, MA 01108-3136

34 Sumner Ave, Springfield, MA 01108-2368

86 Bowdoin Ter, Springfield, MA 01101-4033

35 Hampden St, Springfield, MA 01103-1211

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

34 Sumner Ave, Springfield, MA 01108-2368

Springfield, MA Parking Lots & Garages Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

Need Help?

Popular Searches in Springfield, MA

Popular Categories

Most Searched ZIP Codes in Springfield, MA

Select Neighborhood