911 Belmont Ave Springfield, MA 01108
- Retail properties
- 12,476 SF
- 0.39 lot acres
Current Use by Public Records
- Retail properties
Property Details for 911 Belmont Ave
- Year built
- 1930
- Lot size
- 0.39 lot acres
- Property size
- 12,476 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Hampden
- State
- Massachusetts
- Longitude
- -72.5448
- Latitude
- 42.0838
