1168 Boston Rd, Springfield, MA 01119
This 7,600 square foot retail property, located at 1168 Boston Road in Springfield, Massachusetts (zip code 01119), presents a compelling investment opportunity. Situated on approximately 0.7 acres at the intersection of Boston Road and Temby Street, the property boasts ample surface parking. The building comprises three units: one currently occupied by a restaurant and two additional units ideally suited for local businesses or commercial office uses. This high-traffic location on Boston Road sees over 23,000 vehicles daily, benefiting from strong demographics and proximity to regional and national retailers. The B1 zoning allows for a variety of uses. The owner is flexible and open to build-to-suit or ground lease options, making this property adaptable to a range of business needs and investment strategies. This prime location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The property's size and configuration provide flexibility for various business models.
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EBS (Bike/Boat/Book/etc) Store Cosmetic Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.