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    Springfield, MA
    Strip Mall

    Springfield, MA Strip Malls for Sale

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    Chicopee, MA West Springfield, MA Ludlow, MA Agawam, MA East Longmeadow, MA Holyoke, MA Wilbraham, MA Longmeadow, MA
    Retail Strip Center on Corner
    Updated: May 16
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    16-24 Arnold Ave, Springfield, MA, MA 01119

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    • Est. Cap Rate

      7.5%
      Above avg (5.9%)

    • Est. NOI

      $74K
      Annual

    • Price @ 7% Cap

      $1.05M
      Above asking
    View Property Analytics
    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
    View details
    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.

    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.

    View details
    Retail Strip on Main Street
    Retail Strip on Main Street

    123 S Main St, Athol, MA 01331

    Contact for pricing
    6,632 sqft 0.57 AC lot

    High-visibility retail strip with four storefronts in Athol, MA.

    View details
    Strip Mall Retail Space
    Strip Mall Retail Space

    482 Southbridge Street Unit 212, Auburn, MA 01501

    Contact for pricing

    Multiple commercial spaces are available near Auburn Mall for retail, service, or business uses.

    View details
    Auburn Crossing Plaza Shopping Center
    Auburn Crossing Plaza Shopping Center

    482 Southbridge Street Unit 213, Auburn, MA 01501

    Contact for pricing

    Multiple commercial suites are offered near Auburn Mall.

    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 40
    Automotive properties 13
    Shopping centers 12
    Auto shops 11
    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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    Most Searched ZIP Codes in Springfield, MA

    • 01119
    • 60187

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