Springfield, MA Commercial for Sale | Real Living Realty Professionals | Real Living Real Estate

Springfield MA Real Estate & Commercial for Sale

58 Properties Found

The median home value in Springfield, MA is $160,000. This is lower than the county median home value of $179,500. The national median home value is $185,800. The average price of homes sold in Springfield, MA is $160,000. Approximately 21.73% of Springfield homes are owned, compared to 23.69% rented, while 4.58% are vacant. Springfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Springfield real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
72379511
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1950
Courtesy: REAL LIVING REALTY PROFESSIONALS, LLC

Excellent opportunity to LEASE this parking lot and building a couple of blocks away from the new MGM Casino in downtown Springfield. The lot is already paved and has an existing building on it. Owner will modify building if needed. Also could be used as an office building or other business use.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
72379507
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1950
Courtesy: REAL LIVING REALTY PROFESSIONALS, LLC

Excellent opportunity to BUY this parking lot and building a couple of blocks away from the new MGM Casino in downtown Springfield. The lot is already paved and has an existing building on it. Owner will modify building if needed. Also could be used as an office building or other business use. Also for lease @ 2750 a month.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
560
Status:
Active
MLS#:
72369134
Type:
General Commercial
Lot size:
0.99 Acres
Courtesy: BERKSHIRE HATHAWAY HOME SERVICE NEW ENGLAND PROPERTIES Shirley Simolari

City is buzzing with the new casino about to open! This space is on the 4rd floor, includes 3 offices and one parking space. On the bus line, across from library museum complex, walking distance to court house, convention center, downtown centro. Space is accessible by front door via elevator, or stairs. Beautiful exposed brick, lots of natural sunlight, corner office, some furnishings may be included. Restrooms are shared on the floor and maintained by the building maintenance team. Parking garage attached is property of the Lessor, office space comes with one garaged parking space, additional space available monthly or by validation. Parking attendant Monday through Friday. Utilities included lessee pays for phone internet and cable. All three offices are wired internet ready. Lease required, minimum 1-2 years, first and last month, no security deposit, lessee to provide, references, credit score and complete application.

Beds:
n/a
Baths:
Sq.Ft.:
23,980
Status:
Active
MLS#:
72363354
Type:
General Commercial
Lot size:
0.19 Acres
Year built:
1893
Courtesy: SR COMMERCIAL REALTY Jeremy Casey

Incredible investment opportunity to own two buildings in the heart of downtown Springfield's "Dining District." These two parcels will be sold as one package. The properties feature a bar/lounge, a restaurant space, and seven apartment units.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
2,365
Status:
Active
MLS#:
72362885
Type:
General Commercial
Lot size:
0.11 Acres
Year built:
1896
Courtesy: GALLAGHER REAL ESTATE Nataliya Pugach

Newly renovated 3 story, 2 Units multifamily. 1st UNIT has been updated according to a COMMERCIAL property requirements and was used as a church & as a community center. 2nd Unit is dwelling featuring 6 BEDROOMS & 2 BATHS on 2 levels (2nd & 3rd floor). Brand new plumbing: cost iron and coper/commercial type. New water meter and a line. 3 full bathrooms. New central gas operating heating system/separate for 2 units. Easy to convert to central cooling for the 1st Unit. Updated electricity. Convenient location and easy accessibility gives you a space for imagination of how to use it. You can OPEN a NEW BUSINESS (Pizza, Chinese food, grill etc.) or a church in the 1st UNIT and live in/lease the second one. Have an advantage of the perfect location for business- being visible and available to publics, churches around, with plenty of parking spaces. This can be your investment opportunity! Get the most of this large property by finding the best usage of it!

Beds:
n/a
Baths:
76.00
Sq.Ft.:
74,636
Status:
Active
MLS#:
72361206
Type:
General Commercial
Lot size:
3.43 Acres
Year built:
1900
Courtesy: DIFRANCO REALTY Mark DiFranco

RARE BRASS RING, Assemblage of Multi Family Investment Property with one entrepreneur. Consisting of 33 Locations and 64 Total Units, 7-SFR, 22-Two Family, 3-Three Family & 1-Four-Family. 100% Occupied & deleaded all within a few mile radius of MGM Casino & each other. Gross Operating Income=$690,864, Expenses=$275,836, Net Operating Income=$415,028, Projected Annual Debt Service=$238,740, Cash Flow Before Taxes=$176,288, Debt Coverage Ratio=1.74, CAP Rate=10%, Cash on Cash Return=21.25%. Seller's goal is to own non-residential commercial real estate and would consider accepting trade for all or part of this residential property assemblage. Realtor.com Estimated Value $4,220,600. City Assessed Value $3,921,900. MLS average price per sq. ft of SOLD property=$4,478,160 value. MLS Avg. Sale$: $151,334 x 33 =$4,994,022 value. What this indicates is purchasing this package a 10% CAP Rate leaves meat on the bone. $64,839 per unit average is a steal on the Single Families.

Beds:
n/a
Baths:
Sq.Ft.:
29,109
Status:
Active
MLS#:
72360360
Type:
General Commercial
Lot size:
1.33 Acres
Year built:
1950
Courtesy: DIFRANCO REALTY Mark DiFranco

UNIQUE Multi Family Assemblage of 11 Properties, 39 Units.The package consists of 4 - Single Family properties, 5 - Two Family properties, 1 - Three Family property and a 22 Unit Multi Family property on 334 Boston Rd (Crown Jewell). Value = $2,093,000 Potential Income = $356,900 Vacancy & Credit Loss = ($17,000} The Gross Operating Income = $339,900 Expenses = $117,227. Expenses are 35% of GOI which seems to be below market average, but because rents are above market average Expenses are in line. Net Operating Income = $222,673 Proposed Annual Debt Service = $116,656 ($1,650,000, 5.25% Interest, 25 Year Amortization) Cash Flow Before Taxes = $104,017 Debt Coverage Ratio = 1.88. Banks like to see 1.25 DCR. CAP Rate = 10.64% Loan to Value = 78.83% Cash on Cash Return = 23.48%

Beds:
n/a
Baths:
Sq.Ft.:
2,945
Status:
Active
MLS#:
72355907
Type:
General Commercial
Lot size:
0.08 Acres
Year built:
1929
Courtesy: GALLAGHER REAL ESTATE Jason Smith

PROPERTY OVERVIEW: This corner lot , 1 storefront/restaurant building has a total of (2945.) of retail space. The total lot size is .08 acres (3372sqft.) with a two parcel lot in the rear of the build with a combined lot size of .14 acres (6,231sqft.) paved off street parking for up to 20+ vehicles. The property is directly adjacent to MGM SPRINGFIELD and the Famous Red Rose Pizzeria. Located on the corner of Main Street and Wilcox Street.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.... This Property along with the two rear parking lots INCLUDES (MLS# 72355900) sold as a package.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
2,020
Status:
Active
MLS#:
72355900
Type:
General Commercial
Lot size:
0.09 Acres
Year built:
1929
Courtesy: GALLAGHER REAL ESTATE Jason Smith

PROPERTY OVERVIEW: This corner lot, two storefront building has a total of (2,020sft.) of retail space. The total lot size is .09 acres (4,769sqft.) with a two parcel lot in the rear of the build with a combined lot size of .14 acres (6,231sqft.) paved off street parking for up to 20+ vehicles. The property is directly adjacent to MGM SPRINGFIELD and the Red Rose Pizzeria. Located on the corner of Main Street and Wilcox Street.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.... This Property along with the two rear parking lots INCLUDES (MLS# 72355900) sold as a package.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
12,855
Status:
Active
MLS#:
72355896
Type:
General Commercial
Lot size:
0.16 Acres
Year built:
1958
Courtesy: GALLAGHER REAL ESTATE Jason Smith

PROPERTY OVERVIEW: Free standing 12,855sqft lot, 5,000 (approx.) building currently being operated as a restaurant. The building was completely rebuilt (2013). On .16 acre lot directly adjacent to MGM SPRINGFIELD and the Famous Red Rose Pizzeria. Located on the corner of Main Street and Peabody Lane at a four way traffic light.... LOCATION OVERVIEW: Conveniently located in the newly revitalized casino district of downtown Springfield, some of the amenities include the Basketball Hall of Fame, The Mass Mutual Center, a four star hotel, restaurants, bowling and golfing suites just to name a few of the new attractions coming to this highly sought after area of Western Massachusetts.

Beds:
n/a
Baths:
Sq.Ft.:
6,840
Status:
Active
MLS#:
72352951
Type:
General Commercial
Lot size:
1.19 Acres
Year built:
1948
Courtesy: SR COMMERCIAL REALTY Jeremy Casey

Turnkey industrially zoned building for sale in Springfield. Features include 3-phase power, a loading dock, a kitchen area, and a conference room. Can be easily shown.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
72351538
Type:
General Commercial
Year built:
1913
Courtesy: KELLER WILLIAMS REALTY The Neilsen Team

Commercially zoned & prime location next to CRRC Railway factory offering over 3700 square feet on 3 levels, 2nd floor has updated apartment. Brand new roof, siding, windows, plus gas heat. First floor is being completely renovated. Exceptional value for this commercial/residential property. Corner lot with .25 acres of land.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
2,520
Status:
Active
MLS#:
72349694
Type:
General Commercial
Lot size:
0.09 Acres
Year built:
1904
Courtesy: GALLAGHER REAL ESTATE Nataliya Pugach

Commercial & Residential mix use (2 Units) property for sale. 1st Unit - FOOD MART & Grill - BUSINESS A zoned. It is currently open and operating. Completely equipped. Restaurant quality equipment (appliances, grill, Pizza equip., oven, shelves etc. are included in the sale price). 2nd Unit is Dwelling - 2 bedrooms, 1 full bathroom, living, dining room, walk up attic, tankless energy efficient furnace gas operating in the attic; Central Heat. Fully insulated walls and ceilings. Hook ups for electric washer & dryer right in the unit. The entire property was DEMOLISHED & REBUILT. All necessary permits for a new plumbing, electrics, roof etc. are pulled. Units have separate heating systems, separate electricity (200Amps & 100Amps), and separate gas meters. Run your own Business and rent another Unit or live right there in a convenient, visible and easy accessible location! Business is ready for you, just to take over and begin getting your profit! It is known and has its clients.

Beds:
n/a
Baths:
Sq.Ft.:
63,843
Status:
Active
MLS#:
72347935
Type:
General Commercial
Lot size:
0.01 Acres
Year built:
1950
Courtesy: DIFRANCO REALTY Mark DiFranco

52 Total units in 21 locations, mostly 2-3 family dwellings in Springfield with a nice 6 unit brick plus commercial in Chicopee MA. The assemblage is with one owner and the financials are incredible due to the unit sizes and number of bedrooms. 100% occupied and deleaded. NET OPERATING INCOME $397,822, CAP RATE 12.83%, DEBT COVERAGE RATIO 2.57, CASH ON CASH RETURN 31.12% (based on a 75% LTV at 4.5% interest over 25 years). Properties are being sold at $47.00 per sq. ft. MLS SOLD listing in past 6 months have averaged $56.00 per sq. ft. These properties are being marketed at 15% below the average SOLD price of comparable properties on MLS.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
270
Status:
Active
MLS#:
72347491
Type:
General Commercial
Lot size:
0.99 Acres
Courtesy: BERKSHIRE HATHAWAY HOME SERVICE NEW ENGLAND PROPERTIES Shirley Simolari

This office space is on the 2nd floor, includes 2 offices and one parking space. On the bus line, across from library museum complex, walking distance to court house, convention center, downtown centro and new casino. Space is accessible by front door via elevator, or stairs. Restrooms are shared on this floor and maintained by the building maintenance team. Parking garage attached, property of the lessor/owner, office space comes with one garaged parking space, attendant Monday through Friday 8-5. Utilities included lessee pays for phone internet and cable. Ability to have your client parking validated or negotiate additional fixed monthly space if needed. Lease required, minimum 1- 2 years, first and last month required, no security deposit, application, references and lessee provide credit score.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
350
Status:
Active
MLS#:
72347464
Type:
General Commercial
Lot size:
0.99 Acres
Courtesy: BERKSHIRE HATHAWAY HOME SERVICE NEW ENGLAND PROPERTIES Shirley Simolari

This space is on the 3rd floor, includes 3 offices and one parking space. On the bus line, across from library museum complex, walking distance to court house, convention center, downtown centro and new casino. Space is accessible by front door via elevator, or stairs. Some exposed brick, front windows and plenty of natural sunlight. One room could be a conference room plus two offices, some furnishings may be included. Restrooms are shared on the floor and maintained by the building maintenance team. Parking garage attached is property of the Lessor, office space comes with one garaged parking space, attendant Monday through Friday. Utilities included lessee pays for phone internet and cable. Ability to have your client parking validated or negotiate additional fixed monthly space if needed. Lease required, minimum 1- 2 years, first and last month required, no security deposit, application, references and lessee provide credit score.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
160
Status:
Active
MLS#:
72347465
Type:
General Commercial
Lot size:
0.99 Acres
Courtesy: BERKSHIRE HATHAWAY HOME SERVICE NEW ENGLAND PROPERTIES Shirley Simolari

City is buzzing, the first time in 40 years we are 80% occupied! This space is on the 2nd floor, includes one office and one parking space. On the bus line, across from library museum complex, walking distance to court house, convention center, downtown centro and new casino. Space is accessible by front door via elevator, or stairs. Looks out to city library and museum complex. Restrooms are shared on the floor and maintained by the building maintenance team. Parking garage attached is property of the Lessor, office space comes with one garaged parking space, attendant Monday through Friday. Utilities included lessee pays for phone internet and cable. Ability to have your client parking validated or negotiate additional fixed monthly space if needed. Lease required, minimum 1-2 years, first and last month required, no security deposit, application, references and lessee provide credit score.

Beds:
n/a
Baths:
Sq.Ft.:
8,880
Status:
Active
MLS#:
72352437
Type:
General Commercial
Lot size:
0.47 Acres
Courtesy: SR COMMERCIAL REALTY Jeremy Casey

Lease a part of Springfield's history at 555-577 Worthington Street, site of the former Lido Restaurant. Located minutes from the soon-to-be open casino and seconds from Springfield's Dining District. Space is divisible and could be used for many purposes. Call now to schedule a tour!

Beds:
n/a
Baths:
2.00
Sq.Ft.:
1,290
Status:
Active
MLS#:
72345193
Type:
General Commercial
Lot size:
0.99 Acres
Courtesy: BERKSHIRE HATHAWAY HOME SERVICE NEW ENGLAND PROPERTIES Shirley Simolari

The city is buzzing, the first time in 40 years we are 80% occupied! One of 5 spaces available at this location. Across from the city library museum complex, walking distance to court house, convention center, downtown centro and new casino. Office is located on the third floor, 1295 Square feet of space, 5 offices,1 room with sink, could be a mini kitchen. Lots of exposed brick and windows for plenty of natural sunlight. Lessor is willing to remove or add a wall to make an office larger or smaller. Recently updated, some newer carpeting. Parking garage attached is property of the Lessor, office space comes with two garaged parking spaces, attendant Monday through Friday. Ability to have your client parking validated or negotiate additional fixed monthly space if needed, note there are some free spaces on the street. Lease required, minimum 1-2 years, 3 preferred, first and last month required, no security deposit, application, references and Lessee provide credit score.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
1,562
Status:
Active
MLS#:
72344375
Type:
General Commercial
Lot size:
0.18 Acres
Year built:
1925
Courtesy: COLDWELL BANKER RESIDENTIAL BROKERAGE - LONGMEADOW Irwin Pers

1500+ sq ft building for lease or sale. Newly renovated and immaculate, near MGM. Suitable for office, retail, warehouse. Paved parking, new garage door, restroom. Easy access to all major roads and interstate highways. Visible from I91. Monthly rent $1500. Reference MLS # 72343541 for sale information.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
1,562
Status:
Active
MLS#:
72343541
Type:
General Commercial
Lot size:
0.18 Acres
Year built:
1925
Courtesy: COLDWELL BANKER RESIDENTIAL BROKERAGE - LONGMEADOW Irwin Pers

1500+ sq ft building for lease or sale. Newly renovated and immaculate, near MGM. Suitable for office, retail, warehouse. Paved parking, new garage door, restroom. Easy access to all major roads and interstate highways. Visible from I91. Reference MLS #72344375 for lease information.

Beds:
n/a
Baths:
Sq.Ft.:
1,952
Status:
Active
MLS#:
72343441
Type:
General Commercial
Lot size:
0.04 Acres
Year built:
2017
Courtesy: OLDE NEW ENGLAND REALTY Edward Loiko

Here is your chance to buy this mixed use property!! The second floor has a 2 bedroom apartment that is rented for $900 a month and the owner of this building has run a neighbor convenience store. This property sets up well for someone who wants to live above their own business.

Beds:
n/a
Baths:
5.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
72341805
Type:
General Commercial
Lot size:
0.13 Acres
Year built:
1908
Courtesy: GALLAGHER REAL ESTATE Jason Smith

8,732 square foot building sitting on .13 acre of land right in the business district of the South End of Main Street. This property is less than 1000 ft.from the future MGM Grand Casino in Springfield Ma. The property has 10 deeded on site, off-street parking for 10 vehicles. FULLY OCCUPIED First floor of the building with 3 long term tenants (3year,NN lease). First floor was recently renovated and are sub-divided. Newer large storefront windows in each . Separate utilities in each unit. The Second level is in the process of being renovated and offers 5 divided office spaces or easily converted to AirBnb . All with separate utilities in each. All newer windows though-out, newer roof (APO) all HVAC systems are new.

Beds:
n/a
Baths:
Sq.Ft.:
2,145
Status:
Active
MLS#:
72336501
Type:
General Commercial
Lot size:
0.23 Acres
Year built:
1940
Courtesy: PREMIER CHOICE REALTY, INC. Russell Sabadosa

Nice central location for business or warehouse. Loading dock fenced lot on corner.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
2,012
Status:
Active
MLS#:
72334180
Type:
General Commercial
Lot size:
0.22 Acres
Year built:
1925
Courtesy: J. T. MURRAY REAL ESTATE CO. John Murray

Matt's Auto Service is located on a corner lot with a high traffic count. It has ample parking, and is close to the "X" , which is one of the most densely populated areas in Springfield. In business for over 30 years, Matt's Auto Service boasts a large loyal client list. This sale includes the real estate, and all of the assets of the business. A new lift was added last year, along with one of the largest Snap On tool boxes made. This shop has a waste oil heating system, so the owner rarely paid heating costs during the heating season. Some time ago, this was the location of a Texaco Gas Station, which had gas pumps in front, and on the side of the building. A clean 21E test was performed in 2006. The owner had several retesting stations added for future testing. This property would be a great candidate to convert to a Convenience Store / Gas Station for the right buyer.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Wilbraham, MA 01095
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