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    West Springfield, MA
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    West Springfield, MA Retail Properties & Spaces for Sale

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    Springfield, MA Agawam, MA Chicopee, MA Holyoke, MA East Longmeadow, MA Longmeadow, MA Suffield, CT Westfield, MA
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    Flexible Retail and Office Building
    Updated: Jul 7
    Flexible Retail and Office Building

    148 River St, West Springfield, MA 01089

    $325,000
    1,064 sqft
    Flexible retail or office building on busy River Street
    Built in 1870 with multiple large rooms, full bathroom with shower, kitchen area, and second‑floor room
    Basement storage included
    BB‑1 zoning allows a multitude of uses with Special Permit/Site Plan Review
    Minutes from the Big E/Eastern States Exposition fairgrounds, with potential for additional parking income
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    This listing looks promising.

    Here's a quick look at some key insights for

    148 River St, West Springfield, MA 01089

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    • Est. Cap Rate

      5.4%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $250K
      Suggested

    • Last Sold

      Apr 2002
      $38K

    • Property Type

      Department Store
      Built 1870
    View Property Analytics
    West Springfield Office Investment Opportunity
    Updated: Nov 28, 2025
    West Springfield Office Investment Opportunity

    217-241 Park Ave, West Springfield, MA 01089

    $2,100,000
    1.29 AC lot
    Prime commercial real estate package in downtown West Springfield.
    Leaseback opportunity with KeyBank for approximately 14% of the building area.
    Includes a 5‑story office tower with readily available, luxurious office space.
    Features a vacant, single‑story commercial building suitable for various uses.
    Located on a corner lot with high traffic counts and visibility.
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    8,042 SF office building
    8,042 SF office building

    120 Westfield St, West Springfield, MA 01089

    $575,000
    8,042 sqft 0.68 AC lot

    8,042 SF office building centrally located in West Springfield.

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    Mixed-Use Retail and Office Building
    Mixed-Use Retail and Office Building

    92 Memorial Ave, West Springfield, MA 01089

    Contact for pricing
    11,747 sqft

    For sale mixed retail and office property along the I-91 corridor near Big E Fairgrounds and downtown Springfield.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Office-Retail Building
    Office-Retail Building

    1654 Riverdale St, West Springfield, MA 01089

    Contact for pricing
    3,780 sqft 0.59 AC lot

    Office and retail building offering approximately 3,780 SF with ample on-site parking and easy access.

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    High-Visibility Retail Center
    High-Visibility Retail Center

    1399 Westfield St, West Springfield, MA 01089

    Contact for pricing

    Two single-story retail buildings offer multiple suites and ample on-site parking along Route 20.

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    West Springfield Commercial Investment Opportunity
    West Springfield Commercial Investment Opportunity

    225 Park Ave, West Springfield, MA 01089

    Contact for pricing
    23,554 sqft

    Prime commercial real estate package with leaseback and redevelopment potential.

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    Corner Office Tower with Drive-Through
    Corner Office Tower with Drive-Through

    217-241 Park Avenue, West Springfield, MA 01089

    $2,100,000
    23,554 sqft

    5-story office tower plus adjacent single-story office building, each on separate parcels with a partial leaseback.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in West Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 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.

    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.

    View details
    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.

    View details
    Retail Restaurant Space with Kitchen Hood
    Retail Restaurant Space with Kitchen Hood

    69 Springfield St., Agawam, MA 01001

    Contact for pricing
    2,500 sqft

    Retail/restaurant space in Agawam Shopping Center includes a basement and a kitchen hood.

    View details
    Strip Mall Retail Storefront
    Strip Mall Retail Storefront

    330 Walnut Street, Agawam, MA 01001

    Contact for pricing

    Former beauty shop suite in a strip mall is available for immediate occupancy.

    View details

    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.

    Five Acre Commercial Corner
    Five Acre Commercial Corner

    214 Feeding Hills Rd, Southwick, MA 01077

    $851,000
    5.00 AC lot

    Commercial land with development potential on a corner lot.

    View details
    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.

    View details
    Commercially Zoned Land Parcel
    Commercially Zoned Land Parcel

    101 Ware St, Palmer, MA 01069

    $575,000
    13.50 AC lot

    13.50-acre commercially zoned land with road frontage.

    View details
    Prime Commercial Pad Site Opportunity
    Prime Commercial Pad Site Opportunity

    395 Hartford Tpke, Vernon, CT 06066

    Contact for pricing
    0.66 AC lot

    Highly visible commercial pad site on heavily traveled Route 30.

    View details

    Off-Market Properties in West Springfield, MA

    Consider similar Off-Market properties in West 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.

    2131 Riverdale St
    SHOW ROOM, WAREHOUSE

    2131 Riverdale St, West Springfield, MA 01089-1025

    $620,000
    Estimated value
    10,800 sqft 4.05 AC lot
    View details
    208 Ashley Ave
    SHOW ROOM, WAREHOUSE

    208 Ashley Ave, West Springfield, MA 01089-1353

    $4,200,000
    Estimated value
    16,641 sqft 3.54 AC lot
    View details
    115 Wayside Ave
    SHOW ROOM, WAREHOUSE

    115 Wayside Ave, West Springfield, MA 01089-1317

    $305,000
    Estimated value
    7,572 sqft 0.56 AC lot
    View details
    1448 Riverdale St
    DEPARTMENT STORE

    1448 Riverdale St, West Springfield, MA 01089-4640

    $200,000
    Estimated value
    2,804 sqft 0.46 AC lot
    View details
    43 Exposition Ter
    VEHICLE SALES, RENTALS

    43 Exposition Ter, West Springfield, MA 01089-3717

    $210,000
    Estimated value
    0.11 AC lot
    View details
    628 Kings Hwy
    DEPARTMENT STORE

    628 Kings Hwy, West Springfield, MA 01089-2342

    $315,000
    Estimated value
    6,650 sqft 0.34 AC lot
    View details
    19 Norman St
    DEPARTMENT STORE

    19 Norman St, West Springfield, MA 01089-3720

    $265,000
    Estimated value
    4,455 sqft 0.29 AC lot
    View details
    242 Norman St
    SHOW ROOM, WAREHOUSE

    242 Norman St, West Springfield, MA 01089-3723

    $275,000
    Estimated value
    3,208 sqft 0.23 AC lot
    View details
    17 Allston Ave
    SHOW ROOM, WAREHOUSE

    17 Allston Ave, West Springfield, MA 01089-3701

    $275,000
    Estimated value
    3,136 sqft 0.17 AC lot
    View details
    54 Myron St
    SHOW ROOM, WAREHOUSE

    54 Myron St, West Springfield, MA 01089-1416

    $295,000
    Estimated value
    7,800 sqft 0.55 AC lot
    View details
    99 Westfield St
    DEPARTMENT STORE

    99 Westfield St, West Springfield, MA 01089-2550

    $3,885,000
    Estimated value
    13,270 sqft 1.22 AC lot
    View details
    68 Westfield St
    DEPARTMENT STORE

    68 Westfield St, West Springfield, MA 01089-2506

    $215,000
    Estimated value
    2,059 sqft 0.14 AC lot
    View details
    1457 Riverdale St
    PARKING LOT

    1457 Riverdale St, West Springfield, MA 01089-4618

    $900,000
    Estimated value
    3,560 sqft 0.96 AC lot
    View details
    112 Westfield St
    DEPARTMENT STORE

    112 Westfield St, West Springfield, MA 01089-2577

    $535,000
    Estimated value
    8,042 sqft 0.68 AC lot
    View details
    874 Memorial Ave
    AUTO REPAIR, GARAGE

    874 Memorial Ave, West Springfield, MA 01089-3514

    $1,670,000
    Estimated value
    3,542 sqft 1.06 AC lot
    View details
    31 Pearson Way
    SHOW ROOM, WAREHOUSE

    31 Pearson Way, West Springfield, MA 01089-4039

    $3,615,000
    Estimated value
    53,390 sqft 2.10 AC lot
    View details

    West Springfield, MA Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in West Springfield, MA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 71,741 square feet of properties for sale, with an estimated market value of $5,100,000.

    Sale prices for stores in West Springfield, MA start at $325,000, averaging $1,275,000, and reaching up to $2,100,000 — 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

    Storefront properties 7
    Shopping centers 4
    Banks 3

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.1%
    Median Household Income $70,401
    College Educated 24.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    01089 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.88%
    Property Tax per SF $37.56 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

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