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You are here:
Home Massachusetts West Springfield Commercial Properties for Sale

217-241 Park Ave West Springfield, MA 01089
265 Days on Boston Pads
Price Reduced $150,000
34 Photos
$2,450,000
Type: Commercial
Lease Type N/A
23554 Bldg. SQFT
Restrooms: N/A
Parking: N/A
217-241 Park Ave
West Springfield, MA 01089
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Property Description

Unique investment opportunity in downtown West Springfield. The Park Tower site is a prime commercial real estate package available for sale, with a leaseback of approximately 14% of the building area to KeyBank. The sale includes a prominent 5-story office tower and a single-story office building, spread across four parcels. Park Tower (225 Park Ave.) features multiple floors of readily available and luxurious office space, including a boardroom and several kitchens, along with a two-lane drive-through/ATM. The tower is +/- 17,670 net SF. KeyBank will lease back their existing first floor branch, which was recently renovated, as well as a small portion of the 3rd floor. Adjacent to the tower is a vacant, single-story +/- 5,884 SF commercial building (229 Park Ave.) which could be suitable for a variety of uses. Located minutes from downtown Springfield, the Riverdale St./Rt. 5 retail corridor, the Big E, and area highways. Corner lot with great traffic counts and visibility.
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Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73197300

Building Information

  • Total SQFT: 23554

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/07/2024Active$2,450,000$104MLSPIN
05/03/2024Price Change$2,450,000$104MLSPIN
02/02/2024Active$2,600,000$110MLSPIN
01/29/2024New$2,600,000$110MLSPIN

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Map & Resources

Cowing School

School

0.21mi

Philip G Coburn School

Public Elementary School, Grades: PK-5

0.34mi

West Springfield Early Childhood

Public Elementary School, Grades: PK

0.34mi

Hampden Charter School of Science West

Charter School, Grades: 6-12

0.43mi

Montessori Children's House of West Springfield Inc.

Private School, Grades: PK

0.44mi

Montessori Childrens School

School

0.47mi

Memorial School

Public Elementary School, Grades: K-5

0.65mi

Main Street School

School

0.66mi

White Lion Brewery

Bar

1.27mi

Smith's Billiards

Bar

1.27mi

Deweys

Bar

1.28mi

Commonwealth Bar and Lounge

Bar

1.58mi

Knox Bar

Bar

1.59mi

TAP Sports Bar

Bar

1.59mi

The Plaza Bar

Bar

1.63mi

Mocha Emporium

Cafe

1.2mi

Dakin Humane Society

Animal Shelter

1.77mi

Mercy Medical Center

Hospital

1.2mi

Baystate Medical Center

Hospital

1.21mi

Shriners Hospitals for Children - Springfield

Hospital. Speciality: Paediatric Orthopaedics

1.66mi

West Springfield Fire Department

Fire Station

0.34mi

Springfield Fire Department

Fire Station

0.95mi

West Springfield Fire Department

Fire Station

1.49mi

Springfield Fire Department

Fire Station

1.56mi

West Springfield Fire Department

Fire Station

1.85mi

Majestic Theatre

Theatre

0.36mi

Paramount Theater

Theatre

1.1mi

CityStage Symphony Hall

Theatre

1.37mi

Josiah Day House Museum

Museum

0.2mi

Storrowton Village Museum

Museum

0.92mi

Lyman and Merrie Wood Museum of Springfield History

Museum

1.49mi

Michele & Donald D'Amour Museum of Fine Arts

Museum

1.55mi

The Amazing World of Dr. Seuss Museum

Museum

1.56mi

YMCA of Greater Springfield

Sports Centre

1.27mi

MassMutual Center Ice Rink

Sports Centre. Sports: Ice Hockey, Basketball

1.54mi

Agawam Dog Park

Dog Park

1.7mi

West Springfield Town Common

Park

0.14mi

Center Playground

Park

0.25mi

Alice Carson Playground

Park

0.25mi

North Riverfront Park

Municipal Park

0.4mi

Connecticut River Access Park

Municipal Park

0.41mi

Kenefick Park

Municipal Park

0.73mi

Roberto Clemente Field

Municipal Park

0.73mi

Agawam Bowl

Bowling Alley

1.3mi

TAP Bowling & Arcade

Bowling Alley

1.61mi

Springfield Country Club

Golf Course

1.21mi

Thomas St. Playground

Playground

1.05mi

Lincoln Street School Playground

Playground

1.17mi

Eastern States Expo Fairground

Recreation Ground

0.73mi

Memorial Pool

Recreation Ground

1.08mi

The Hand Center of Western Massachusetts, Dr. Jeffrey WInt

Hand Surgery

1.51mi

Cumberland Farms

Gas Station

0.15mi

Cumberland Farms

Gas Station

0.24mi

Citgo

Gas Station

1.12mi

Valero

Gas Station

1.17mi

Citgo

Gas Station

1.53mi

Supercuts

Hairdresser

1.76mi

West Springfield Public Library

Library

0.27mi

Big Lots

Department Store

0.89mi

Kohl's

Department Store

1.7mi

Precision Auto Repair

Supermarket

0.8mi

PriceRite

Supermarket

0.8mi

Big Y

Supermarket

0.92mi

ALDI

Supermarket

1.67mi

Super Stop & Shop

Supermarket

1.84mi

Tower Square Mall

Mall

1.25mi

Seller's Representative: Paul Bongiorni, SR Commercial Realty
MLS ID#: 73197300

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-05-07 03:05:00