Restaurants

Springfield, MA Restaurants for Sale

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Chicopee, MA West Springfield, MA Agawam, MA
11 properties
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Multi-Use Income-Generating Bridge Street Property
Updated: May 15
Multi-Use Income-Generating Bridge Street Property

289-307 Bridge St, Springfield, MA 1103

$1,800,000
57,919 sqft
High‑traffic location on Bridge Street
Significant net rentable square footage (55,003 SF total for the portfolio)
Diversified income streams from multiple tenant types (retail, office, bar/lounge, restaurant)
Stable income from long‑standing tenants
Value‑add opportunities through existing vacancies
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Downtown Springfield Retail and Restaurant
Updated: Apr 25
Downtown Springfield Retail and Restaurant

1021 Main St, Springfield, MA 1103

$599,000
Income‑generating property with currently rented retail and restaurant spaces.
Prime downtown Springfield location.
Updated building (2013).
Close proximity to MGM Casino, MassMutual Center, and Basketball Hall of Fame.
Opportunity for new business ventures.
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Turnkey Restaurant with Liquor License
Turnkey Restaurant with Liquor License

1633 Bay St, Springfield, MA 1109

$600,000
0.11 AC lot

Restaurant for sale with property, business, and liquor license.

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Versatile Commercial Building Near Transportation
Versatile Commercial Building Near Transportation

21-23 Hampden St, Springfield, MA 1103

$450,000
4,826 sqft

4,826 SF commercial building with bar, event space, kitchen.

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Turnkey Restaurant Business Opportunity
Turnkey Restaurant Business Opportunity

982 Main, Springfield, MA 1103

$120,000

Fully equipped restaurant operation with kitchen equipment, POS, and delivery platform setup, plus parking and management space.

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Turnkey Restaurant with Liquor License
Turnkey Restaurant with Liquor License

1633 Bay St, Springfield, MA 1109

$600,000
0.11 AC lot

Restaurant for sale with property, business, and liquor license.

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Established Restaurant Business and Property
Established Restaurant Business and Property

436 Parker St, Springfield, MA 1129

$5,500,000
2.05 AC lot

Profitable Golden Corral franchise with real estate for sale.

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Retail and Office Space Available
Retail and Office Space Available

1168 Boston Rd, Springfield, MA

$1,389,000
7,600 sqft · 0.70 AC lot

High-traffic location suitable for retail, restaurant, or office use.

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Mixed-Use Building with Event Space
Mixed-Use Building with Event Space

21 Hampden St, Springfield, MA 1103

$450,000
6,772 sqft

Three-story building with bar, event space, and full kitchen.

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2.52 Acre Commercial Property
2.52 Acre Commercial Property

1349 Boston Rd, Springfield, MA 1129

$3,990,000
9,000 sqft · 2.52 AC lot

Commercial property with bank, restaurant, and cell tower leases.

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Three-Tenant Springfield Commercial Property
Three-Tenant Springfield Commercial Property

1349-1355 Springfield St, Springfield, MA

$3,990,000
2.52 AC lot

2.52-acre property with bank, restaurant, and cell tower.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Versatile Commercial Property with Income
Versatile Commercial Property with Income

52 Gladdu Ave, Chicopee, MA 1020

$649,900
2,160 sqft · 0.43 AC lot

Two commercial units with income potential and customization options.

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Versatile Commercial Property with Elevator
Versatile Commercial Property with Elevator

52 Gladdu Ave, Chicopee, MA 1020

$649,900
0.43 AC lot

Commercial property featuring two units, parking, and renovation potential.

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Retail Property Near Interstate 91
Retail Property Near Interstate 91

915 Main St, Holyoke, MA 1040

$750,000
2,520 sqft

Two-unit retail property with established convenience store and restaurant.

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Holyoke Commercial Land For Sale
Holyoke Commercial Land For Sale

32 Holyoke St, Holyoke, MA

Contact for pricing
1.30 AC lot

1.3-acre commercial land with drive-thru potential in Holyoke, MA.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land in Affluent Neighborhood
Commercial Land in Affluent Neighborhood

Allen St (ss), Springfield, MA 1118

$999,000
16.00 AC lot

Commercial development opportunity in Springfield's 16 Acres neighborhood.

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Commercial Land Near CVS
Commercial Land Near CVS

523 James St, Chicopee, MA 1020

$325,000

Commercial property with development potential in high-traffic area.

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East Granby Commercial Land Opportunity
East Granby Commercial Land Opportunity

3-1 S South Main St, East Granby, CT 6026

$399,900
2.00 AC lot

Almost 2-acre commercial land with development potential in East Granby.

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Prime Commercial Pad Site Opportunity
Prime Commercial Pad Site Opportunity

395 Hartford Tpke, Vernon, CT 6066

Contact for pricing
0.66 AC lot

Highly visible commercial pad site on heavily traveled Route 30.

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Off-Market Properties in Springfield, MA

Consider similar Off-Market properties in Springfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

337 Columbus Ave
RESTAURANT

337 Columbus Ave, Springfield, MA 01105-2501

Value Estimation by Request
4,808 sqft · 0.53 AC lot
View details
435 Springfield St, Unit 441
RESTAURANT

435 Springfield St, Springfield, MA 01107-1259

Unit 441
Value Estimation by Request
5,678 sqft · 0.16 AC lot
View details
1030 State St
RESTAURANT

1030 State St, Springfield, MA 01109-3132

Value Estimation by Request
2,147 sqft · 0.40 AC lot
View details
130 Walnut St
RESTAURANT

130 Walnut St, Springfield, MA 01105-1543

Value Estimation by Request
676 sqft · 0.17 AC lot
View details
78 Hillman St
RESTAURANT

78 Hillman St, Springfield, MA 01103-1535

Value Estimation by Request
10,440 sqft · 0.08 AC lot
View details
184-186 Main St
RESTAURANT

184-186 Main St, Springfield, MA 01151

Value Estimation by Request
5,156 sqft · 0.09 AC lot
View details
265 Dwight St, Unit 271
RESTAURANT

265 Dwight St, Springfield, MA 01103-1530

Unit 271
Value Estimation by Request
3,840 sqft · 0.04 AC lot
View details
347 Orange St
RESTAURANT

347 Orange St, Springfield, MA 01108-1326

Value Estimation by Request
936 sqft · 0.12 AC lot
View details
751 Liberty St
RESTAURANT

751 Liberty St, Springfield, MA 01104

Value Estimation by Request
5,063 sqft · 0.17 AC lot
View details
1530-1534 State St
RESTAURANT

1530-1534 State St, Springfield, MA 01109

Value Estimation by Request
5,242 sqft · 0.30 AC lot
View details
106 Boston Rd
RESTAURANT

106 Boston Rd, Springfield, MA 01109

Value Estimation by Request
6,515 sqft · 0.25 AC lot
View details
280 Worthington St, Unit 302
RESTAURANT

280 Worthington St, Springfield, MA 01103-2302

Unit 302
$575,000
Estimated value
30,622 sqft · 0.28 AC lot
View details
1465 Boston Rd
RESTAURANT

1465 Boston Rd, Springfield, MA 01129-1101

$940,000
Estimated value
1,710 sqft · 0.53 AC lot
View details

Springfield, MA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Springfield, MA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 205,556 square feet of properties for sale, with an estimated market value of $11,339,000.

Sale prices for restaurant properties in Springfield, MA start at $450,000, averaging $1,417,375, and reaching up to $3,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 7
Conventional restaurants 4
Drive through restaurants 2
Commercial kitchens 1
Turn key restaurants 1

Demographics Overview

Population 171K
Population Growth (5Y) +1.4%
Median Household Income $60,860
College Educated 19.9%

High-Yield Neighborhoods for Investment

Identify Springfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
01103 $896.4K
01129 $4M

Taxes & Financing

Tax Rate (average for all types) 3.26%
Property Tax per SF $40.45 per SF
Tax Rate vs County Average 0.49 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hampden County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Springfield fall within the 100,000+ square foot range.

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