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    OFF-MARKET
    Retail properties & Spaces

    1205-1211 Boston Rd, Springfield, MA 01119

    4,326 SF 1.26 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,326 square foot commercial building, situated on a 1.26-acre lot (54,771 square feet) in Springfield, Massachusetts, presents a compelling investment opportunity. Built in 1970, this single-story Class B building features a layout comprised of several private offices and a sizable open work area, ideal for a variety of business uses. The property boasts excellent visibility due to its location on a heavily trafficked thoroughfare and includes ample paved parking for 50+ vehicles. Zoned Business A, this property offers significant potential for redevelopment, leveraging its generous lot size and prime location. The asking price is $1,075,000. The building is currently vacant, providing immediate occupancy for a new owner. This is a rare opportunity to acquire a well-located commercial property with significant upside potential in a thriving market. The property address is 1205-1211 Boston Road, Springfield, MA 01119.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1970
    Total area 4,326 SF
    Lot 1.26 ac (54,886 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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