911 Belmont Ave Springfield, MA 01108
This exceptional 12,476 square foot vacant storefront at 911 Belmont Avenue in Springfield, MA, presents a unique investment opportunity. Built in 1930, this property boasts a prime location in the Forest Park neighborhood, offering excellent visibility and accessibility. The B1 zoning allows for a variety of retail uses. The property comprises three parcels, including a dedicated parking lot accommodating approximately 10-12 vehicles. Situated near a major intersection, it benefits from high daily foot and vehicle traffic. With a 0.39-acre lot size and a price per square foot of $71.74, this property offers significant potential for a business seeking a strong presence in a densely populated area. The location provides easy access to downtown Springfield, I-91, and I-90, connecting to northern Connecticut and Central Massachusetts. This former showroom building is ideal for a local business aiming to capitalize on the substantial customer base within a one-mile radius (nearly 40,000 people). The asking price is $895,000. This is a rare opportunity to acquire a well-positioned, sizable retail space in a thriving Springfield neighborhood.
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
Similar Nearby for Sale
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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.