Strip Mall

Springfield, MA Strip Malls 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
Retail Strip Center on Corner
Updated: Apr 8
Retail Strip Center on Corner

16-24 Arnold Ave, Springfield, MA 01119

$979,000
6,350 sqft
Retail strip center on busy Boston Road Rt 20.
Located in Springfield's Pine Point section.
Corner lot location.
Year Built: 1980.
Retail Use
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Multi-Tenant Retail Building
Updated: Jun 2
Multi-Tenant Retail Building

520-526 Main Street, Springfield, MA 60187

Contact for pricing
12,000 sqft
Fully leased 12,000 SF multi‑tenant retail building
91 feet of Main Street frontage on a BA‑zoned commercial corridor
Located at a signalized intersection with convenient customer/tenant ingress and egress
Built in 1925 with a distinctive stone facade and large storefront windows
Ample on‑site parking for tenants and customers
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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
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Springfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Four-Storefront Retail Strip Center
Four-Storefront Retail Strip Center

123 S Main St, Athol, MA 01331

$1,199,000
7,074 sqft 0.57 AC lot

Neighborhood retail center with multiple suites, on-site parking, and access to Route 2.

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Retail Strip Center with 4 Storefronts
Retail Strip Center with 4 Storefronts

123 S Main St, Athol, MA 01331

$1,199,000
7,074 sqft 0.57 AC lot

Multi-storefront retail strip offers street visibility, parking, and flexible space for service, food, convenience, or professional use.

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Multi-Tenant Retail Shopping Center
Multi-Tenant Retail Shopping Center

1014 Meriden Road, Waterbury, CT 06705

$1,100,000
15,974 sqft 0.75 AC lot

Multiple occupants include a laundromat, coffee shop, appliance retailer, and small church.

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Retail/Office Strip Center For Sale
Retail/Office Strip Center For Sale

485 & 497 Watertown Ave, Waterbury, CT 06708

Contact for pricing
5,200 sqft

Recently constructed retail/office strip center available for purchase.

View details

Springfield, MA Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Springfield, MA on our real estate platform. These investment opportunities span a total of 18,350 square feet of properties for sale, with an estimated market value of $979,000.

Sale prices for retail strips in Springfield, MA average $979,000 — 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 28
Shopping centers 9
Auto shops 7
Automotive properties 7
Banks 6

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
01119 $979K

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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