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    OFF-MARKET
    Manufacturing properties

    616 Boston Rd, Springfield, MA 01119-1302

    5,700 SF 0.23 ac lot Built 1971
    Entity Owned Free & Clear
    Property ID
    US38-1557811
    Property summary
    AI-generated overview

    This exceptional 4,800 square foot mixed-use property at 616 Boston Road, Springfield, MA, presents a unique investment opportunity. Built in 1971, this single-story building sits on a 0.23-acre lot and boasts excellent visibility in a high-traffic area alongside other major retailers. The property is zoned Business A and features a 14' high x 14' wide drive-in overhead door with a motorized opener, enhancing its suitability for various businesses. A new, large internally lighted sign ensures high visibility. Security features include perimeter and motion sensors, and CCTV cameras wired to an office. The versatile space is ideal for a variety of uses, including storefront retail, an auto shop, or creative office space. An additional 900 square feet of mezzanine space provides extra storage or office area. The asking price is $675,000, translating to $140.62 per square foot. The property is available for sale or lease, offering flexibility for potential buyers or tenants. This prime location offers significant potential for a business seeking high visibility and accessibility. The property's adaptable layout and modern features make it an attractive option for a wide range of commercial ventures.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1971
    Total area 5,700 SF
    Lot 0.23 ac (10,193 SF)
    Zoning code B1
    APN SPRI S:01655 P:0105
    UPID US38-1557811
    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
    Current use
    Occupant on record · Public records
    • EDL Property Preservation Services Property Management Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    First Group LLC
    First Group LLC
    since 2026
    Last sale
    $485,000
    3 recorded transactions
    2026
    $485,000
    2024
    2000
    $210,000
    Zoning & alternative use
    B1 · Springfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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