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    Springfield, MA
    Restaurants

    Springfield, MA Restaurants for Sale

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    Chicopee, MA West Springfield, MA Agawam, MA East Longmeadow, MA Holyoke, MA Ludlow, MA Wilbraham, MA South Hadley, MA
    12 properties
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    Three-Story Commercial Building with Bar
    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.
    View details
    Established Restaurant Business and Property
    Updated: Oct 24, 2025
    Established Restaurant Business and Property

    436 Parker St, Springfield, MA 01129

    $5,500,000
    10,020 sqft
    Established Golden Corral franchise with real estate included in a high‑traffic location.
    High annual revenue of approximately $4,000,000 with a 12‑15% net profit.
    Highly rated with 4.1 stars and over 7,100 Google reviews.
    Large 10,020 SF building on 2.05 acres with seating for 399 guests and 130 parking spaces.
    Turnkey operation, successfully running since 2009.
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    Historic Downtown Bar Restaurant Space
    Historic Downtown Bar Restaurant Space

    1252 Main St, Springfield, MA 01103

    Contact for pricing
    1,473 sqft

    First-floor space under renovation and built out as a bar/restaurant with exposed brick and architectural detail.

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    See hot listings in Springfield

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Historic Bank Building with Skylight
    Historic Bank Building with Skylight

    1665 Main St, Springfield, MA 01103

    Contact for pricing
    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
    Chick-fil-A NNN Property

    1655 Boston Road, Springfield, MA 01129

    Contact for pricing
    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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    Downtown First-Floor Flex Space
    Downtown First-Floor Flex Space

    1675 Main St, Springfield, MA 01103

    Contact for pricing
    1,909 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Springfield Retail and Restaurant
    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
    Single-Tenant Net-Lease Property

    1655 Boston Road, Springfield, MA 01129

    Contact for pricing
    2,325 sqft

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

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

    21 Hampden St, Springfield, MA 01103

    Contact for pricing
    6,772 sqft

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

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    Turnkey Restaurant Business Opportunity
    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
    2.52 Acre Commercial Property

    1349 Boston Rd, Springfield, MA 01129

    Contact for pricing
    9,000 sqft 2.52 AC lot

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

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    Updated Diner Restaurant
    Updated Diner Restaurant

    950 Bay St, 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 77 Potential Opportunities for your consideration. Besides 12 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 1 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.

    Restaurant and Bar Property
    Restaurant and Bar Property

    2523 Boston Rd, Wilbraham, MA 01095

    $595,000

    Sale includes the restaurant business, underlying real estate, and inventory.

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    Mixed-Use Property with Restaurant Build-Out
    Mixed-Use Property with Restaurant Build-Out

    733 Chicopee Street, Chicopee, MA 01013

    Contact for pricing
    2,744 sqft

    Includes a vacant bar/restaurant suite, leased apartment, and basement support space.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    13 Center St & 50 Springfield St, Chicopee, MA 01013

    $2,995,000

    A restaurant tenancy and occupied residential units provide commercial and apartment income under one ownership.

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    Commercial Land With Existing Building
    Commercial Land With Existing Building

    440 Boston Rd, Wilbraham, MA 01095

    $375,000

    GC-zoned commercial parcel with an existing restaurant structure and frontage along a well-traveled route.

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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.

    East Granby Commercial Land Opportunity
    East Granby Commercial Land Opportunity

    3-1 S South Main St, East Granby, CT 06026

    $399,900
    2.00 AC lot

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

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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

    Estimated value:
    $265,000
    4,808 sqft 0.53 AC lot
    View details
    435 Springfield St, Unit 441
    RESTAURANT

    435 Springfield St, Springfield, MA 01107-1259

    Unit 441
    Estimated value:
    $260,000
    5,678 sqft 0.16 AC lot
    View details
    1030 State St
    RESTAURANT

    1030 State St, Springfield, MA 01109-3132

    Estimated value:
    $270,000
    2,147 sqft 0.40 AC lot
    View details
    130 Walnut St
    RESTAURANT

    130 Walnut St, Springfield, MA 01105-1543

    Estimated value:
    $450,000
    676 sqft 0.17 AC lot
    View details
    78 Hillman St
    RESTAURANT

    78 Hillman St, Springfield, MA 01103-1535

    Estimated value:
    $200,000
    10,440 sqft 0.08 AC lot
    View details
    184-186 Main St
    RESTAURANT

    184-186 Main St, Springfield, MA 01151

    Estimated value:
    $280,000
    5,156 sqft 0.09 AC lot
    View details
    265 Dwight St, Unit 271
    RESTAURANT

    265 Dwight St, Springfield, MA 01103-1530

    Unit 271
    Estimated value:
    $275,000
    3,840 sqft 0.04 AC lot
    View details
    347 Orange St
    RESTAURANT

    347 Orange St, Springfield, MA 01108-1326

    Estimated value:
    $150,000
    936 sqft 0.12 AC lot
    View details
    751 Liberty St
    RESTAURANT

    751 Liberty St, Springfield, MA 01104

    Estimated value:
    $180,000
    5,063 sqft 0.17 AC lot
    View details
    1530-1534 State St
    RESTAURANT

    1530-1534 State St, Springfield, MA 01109

    Estimated value:
    $450,000
    5,242 sqft 0.30 AC lot
    View details
    106 Boston Rd
    RESTAURANT

    106 Boston Rd, Springfield, MA 01109

    Estimated value:
    $150,000
    6,515 sqft 0.25 AC lot
    View details
    280 Worthington St, Unit 302
    RESTAURANT

    280 Worthington St, Springfield, MA 01103-2302

    Unit 302
    Estimated value:
    $365,000
    30,622 sqft 0.28 AC lot
    View details

    Springfield, MA Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Springfield, MA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 49,552 square feet of properties for sale, with an estimated market value of $6,974,000.

    Sale prices for restaurant properties in Springfield, MA start at $100,000, averaging $1,394,800, 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

    Conventional restaurants 14
    Bars & Pubs 6
    Coffee shops 2
    Breakfast & diners 1
    Drive through 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 $191.5K
    01109 $325K
    01129 $5.5M

    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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