MA
Hampden
West Springfield
01089
217-241 Park Ave
217-241 Park Ave, West Springfield, MA 01089
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Listing Type
Commercial/Industrial
Listing Status
active
34
$2,100,000

Home Details for 217-241 Park Ave

Price
$2,100,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
23554
Year built
1974
Lot size acres
1.29
County
Hampden
Garage
Days on site
650
MLS Listing#
73197300
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.

Property Features
    Listing Courtesy: Pioneer CRE - 413-312-9299
    Presented by: Paul Bongiorni
    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, landlords 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, leasing or renting 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, leasing or renting. 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. Copyright ©2025 MLS Property Information Network, Inc. All Rights Reserved.
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    Market statistics compiled from data from Massachusetts Association of REALTORS.
    EXIT PREMIER REAL ESTATE
    85 Wilmington Road, Burlington, MA 01803
    Brenda Cahoon
    License #: 9049354
    REALTOR®, MAR
    Office
    781 270 4770
    Agent
    781 910 5770
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