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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

911 Belmont Ave Springfield, MA 01108

12,476 SF 0.39 ac lot Built 1930
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1930
Total area 12,476 SF
Lot 0.39 ac (16,988 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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