Springfield, MA Restaurants for Sale

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Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA Longmeadow, MA

18 properties

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Updated: Mar 5

Three-Story Commercial Building with Bar

21-23 Hampden Street, Springfield, MA 01103

$450,000

4,826 sqft

Convenient access to I‑91 and Union Station intermodal facility.
4,826 square feet of space on three levels plus a basement.
Two‑story event space.
Basement with a full kitchen.
Located near a vibrant downtown district with businesses, art galleries, and eateries.

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Updated: Jul 16

Historic Downtown Bar Restaurant Space

1252 Main St, Springfield, MA 01103

Contact for pricing

1,473 sqft

Historic 1880 building, 1252 Main, with first‑floor commercial space for lease
Under renovation and being built out as a bar/restaurant
Features exposed brick and architectural detail throughout
Located next to Court Square and across from City Hall
Close to Symphony Hall, One Financial Plaza, and the MassMutual Center

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Historic Bank Building with Skylight

1665 Main St, Springfield, MA 01103

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1,608 sqft

Historic bank space with soaring ceilings and a large skylight, plus a decommissioned vault and back area.

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Chick-fil-A NNN Property

1655 Boston Road, Springfield, MA 01129

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5,244 sqft 1.75 AC lot

Single-tenant ground lease asset on Boston Road with long-term renewal options and scheduled rent escalations.

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Turn-Key Bar and Restaurant Space

211-213 Worthington St, Springfield, MA 01103

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3,366 sqft

Turn-key bar and restaurant includes a fully equipped kitchen with hood system and walk-in coolers.

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Downtown First-Floor Flex Space

1675 Main St, Springfield, MA 01103

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1,909 sqft

First-floor restaurant, retail, or office space available with potential to include an existing hood and sink.

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Downtown Springfield Retail and Restaurant

1021 Main St, Springfield, MA 01103

$599,000

6,375 sqft 0.16 AC lot

Retail and restaurant space in downtown Springfield.

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Single-Tenant Net-Lease Property

1655 Boston Road, Springfield, MA 01129

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2,325 sqft

Newly constructed restaurant property with a long-term net lease and contractual rent increases.

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First-Floor Restaurant Space

128-148 Maple St # front, Springfield, MA 01103

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1,484 sqft

Restaurant-oriented space includes a hood and additional equipment within Maple Office Park.

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Mixed-Use Building with Event Space

21 Hampden St, Springfield, MA 01103

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6,772 sqft

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

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Turnkey Pizzeria with Screened Patio

477 Page Blvd, Springfield, MA 01104

$599,000

Turnkey pizzeria with bar seating, a screened patio, and a kitchen equipped with six pizza ovens.

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Established Restaurant Business and Property

436 Parker St, Springfield, MA 01129

$5,500,000

2.05 AC lot

Profitable Golden Corral franchise with real estate for sale.

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Strip Mall with Restaurant Units

1168 Boston Road, Springfield, MA 01119

$1,389,000

Three-unit retail strip mall on Boston Road with ample surface parking and a restaurant plus two additional income-producing spaces.

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Turnkey Restaurant Business Opportunity

982 Main, Springfield, MA 01103

$100,000

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

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2.52 Acre Commercial Property

1349 Boston Rd, Springfield, MA 01129

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9,000 sqft 2.52 AC lot

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

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Corner Restaurant With Liquor License

497 Belmont Ave, Springfield, MA 01108

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Corner restaurant currently set up as an upscale Italian concept with liquor license, bar seating, and 67 total seats.

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Three-Story Mixed-Use Corner Building

979 Main St, Springfield, MA 01103

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Three-story mixed-use building on a large corner lot with recent improvements including roof, windows, HVAC, and lighting.

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Updated Diner Restaurant

950 Bay Street, Springfield, MA 01109

$325,000

Well-established diner for sale with updated 1950s-style look, offered with building, equipment, and business including financials.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Springfield, MA, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

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.

RESTAURANT

337 Columbus Ave, Springfield, MA 01105-2501

$265,000

Estimated value

4,808 sqft 0.53 AC lot

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RESTAURANT

435 Springfield St, Springfield, MA 01107-1259

Unit 441

$260,000

Estimated value

5,678 sqft 0.16 AC lot

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RESTAURANT

1030 State St, Springfield, MA 01109-3132

$270,000

Estimated value

2,147 sqft 0.40 AC lot

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RESTAURANT

130 Walnut St, Springfield, MA 01105-1543

$450,000

Estimated value

676 sqft 0.17 AC lot

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RESTAURANT

78 Hillman St, Springfield, MA 01103-1535

$200,000

Estimated value

10,440 sqft 0.08 AC lot

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RESTAURANT

184-186 Main St, Springfield, MA 01151

$280,000

Estimated value

5,156 sqft 0.09 AC lot

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Springfield, MA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Springfield, MA, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 44,382 square feet of properties for sale, with an estimated market value of $8,962,000.

Sale prices for restaurant properties in Springfield, MA start at $100,000, averaging $1,280,285, and reaching up to $5,500,000 — 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

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
Indian Orchard	$595K
Springfield	$731K

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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