Springfield, MA Commercial Real Estate for Rent and Sale

Search 58 commercial real estate listings in Springfield, MA and find helpful local stats in the Market Overview section below.

Springfield Warehouse/Manufacturing Facilty

612-616 Dwight Street, Metro Center, Springfield, MA
Property

Industrial

36,000 SF
Year Built

1965
For Sale

Subject To Offer
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Highly Visible Office/Medical/Retail

568 Main Street, Indian Orchard, Springfield, MA
Property

Office

2,507 SF
Availability

1 Space

2,400 SF
Year Built

1960
For Lease

$18.00/SF/YR
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1160 Dickinson Street

1160 Dickinson Street, Forest Park, Springfield, MA
Property

Office

38,994 SF
Availability

1 Space

1,600 SF
For Lease

$1.00/SF/YR
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Highway Oriented Industrial Property

55 Avocado St, Brightwood, Springfield, MA
Property

Industrial

41,136 SF
Year Built

1977
For Sale

$1,900,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
120 Tapley St

120 Tapley St, Bay, Springfield, MA
Property

Industrial

38,500 SF
Availability

1 Space

38,500 SF
Year Built

1954
For Lease Contact for pricing
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Lowe's Plaza

1522 Boston Road, Boston Road, Springfield, MA
Property

Retail

25,207 SF
Availability

2 Spaces

49,481 SF
For Lease Contact for pricing
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Rear Main, WS Main, and NS Sheldon

2726 & 2734 Main Street. Rear Main, Rear Main, WS Main, NS Sheldon St., Memorial Square, Springfield, MA
Property

VacantLand
For Sale

$422,240
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Main Street Springfield Office Building

1242 Main Street, Metro Center, Springfield, MA
Property

Office

28,200 SF
Year Built

1911
For Sale

$1,350,000
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494 Belmont Avenue

494 Belmont Avenue, Forest Park Heights, Springfield, MA
Property

Office

9,000 SF
Availability

1 Space

4,000 SF
For Lease

$15.00/SF/YR
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Highway Oriented Distribution Facility

87-147 Avocado Street, Brightwood, Springfield, MA
Property

Industrial

69,280 SF
Availability

1 Space

26,000 SF
Year Built

1970
For Lease

$6.00/SF/YR
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Centrally Located Springfield Flex Building

480 Saint James Avenue, McKnight, Springfield, MA
Property

Industrial

9,006 SF
Availability

1 Space

5,500 SF
Year Built

1918
For Lease

$11.00/SF/YR
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44 Turnbull St

44 Turnbull St, East Springfield, Springfield, MA
Property

Industrial

11,500 SF
Availability

1 Space

10,000 SF
Year Built

1968
For Lease Contact for pricing
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Springfield Flex Office/Industrial Property

371 Taylor Street, Metro Center, Springfield, MA
Property

Industrial

6,850 SF
Year Built

1955
For Sale

$600,000
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60,995 SF Industrial Space for Sublease in Springfield, MA

570 Cottage St, Indian Orchard, Springfield, MA
Property

Industrial
Availability

1 Space

60,995 SF
For Lease Contact for pricing
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2.52 Acre Retail Property with Three Corporate Ground Leases

1349-1355 Boston Road, Boston Road, Springfield, MA
Property

Retail

8,000 SF
Year Built

2006
For Sale

$3,990,000
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Downtown Springfield Redevelopment Opportunity

8-10 Stearns Square , Metro Center, Springfield, MA
Property

Office

7,317 SF
Year Built

1900
For Sale

$387,500
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Office/Retail Building

1205-1211 Boston Road, Boston Road, Springfield, MA
Property

Office

4,326 SF
Year Built

1970
For Sale

$1,075,000
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1250 Saint James Ave

1250 Saint James Ave, Liberty Heights, Springfield, MA
Property

Office

77,864 SF
Year Built

1999
For Sale

Call for Pricing
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Highway Oriented Distribution Facility

87-147 Avocado Street, Brightwood, Springfield, MA
Property

Industrial

69,280 SF
Year Built

1970
For Sale

Subject To Offer
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101 Wason Ave

101 Wason Ave, Brightwood, Springfield, MA
Property

Office

48,222 SF
Availability

2 Spaces

30,156 SF
Year Built

2013
For Lease Contact for pricing
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Commercial Real Estate Listings in Springfield, MA

The Springfield real estate market has a lot to offer. You will find that Retail space accounts for the largest share of CRE for rent opportunities on the local market. Meanwhile, Office space accounts for the second-largest share of listings on the market.

Springfield, MA Commercial Real Estate Listings for Rent

Type No. of Listings Space Available

Office 25 1,353,463 Sq. Ft.

Industrial 19 861,339 Sq. Ft.

Retail 8 863,889 Sq. Ft.

CRE for Rent in Springfield, MA by Use Type

Office

43.96%

Retail

28.06%

Industrial

27.98%

Top Locations for Commercial Space in Springfield, MA

Depending on the type of space that you’re looking for, different areas of Springfield may suit your needs differently. The city’s Metro Center neighborhood has the highest concentration of CRE listings, offering 24 availabilities on the market. The Liberty Heights neighborhood is home to the second-largest number of leasing opportunities — 11 listing(s).

At the same time, it is worth noting that the concentration of one particular type of commercial real estate in an area is a good indication of the potential of that neighborhood or submarket. For example, if you want to rent an office, consider that you will find the largest concentration of opportunities in Metro Center.

Top Locations for CRE Listings in Springfield, MA

Neighborhood with most CRE Listings No. of Spaces

Metro Center 24

Liberty Heights 11

McKnight 8

Top Locations for Office Listings in Springfield, MA

Neighborhood with most Office Listings No. of Spaces

Metro Center 21

McKnight 6

Brightwood 3

Areas with numerous industrial properties are also more likely to be well-connected logistically. The East Springfield area is the local Springfield submarket with the most listings for rent, at this time.

Retail properties can be both scattered and clustered, mostly depending on the use type and where it best fits in order to be close to the customers. In Springfield, you’ll find the most such opportunities for lease to be in Liberty Heights.

Top Locations for Industrial Listings in Springfield, MA

Neighborhood with most Industrial Listings No. of Spaces

East Springfield 3

Brightwood 2

Bay 1

Top Locations for Retail Listings in Springfield, MA

Neighborhood with most Retail Listings No. of Spaces

Liberty Heights 10

Boston Road 8

Metro Center 2

Commercial Real Estate for Sale in Springfield, MA

If you’re looking to invest in real estate rather than to lease, the local real estate market also has something to offer. There are currently 741,460 square feet of commercial property for sale in Springfield. The largest investment opportunity on the local market offers 171,898 square feet of earning potential. If you are looking to buy a smaller property, consider that local listings for sale start at 4 square feet.

It’s worth noting that not all sale opportunities will have a price listed, but it is easy to reach out to the property representative for more information or to schedule a tour using the contact form or the contact details available on the listing page.

Mixed-Use and Green Commercial Real Estate in Springfield, MA

Mixed-use properties incorporate at least two different types of commercial real estate, which can present a series of advantages. The different real estate types in a mixed-use property can complement each other in ways that sustain mutual success. For instance, ground-floor retail spaces may benefit from the constant stream of office workers to and from the upper floors of the same building, as well as serve the surrounding community.

Moreover, they are in line with relatively recent trends toward a healthier, more walkable urban environment, where more amenities are placed within easier reach of the population. Properties that are built and designed with sustainability in mind provide more value for investors while also cutting down on costs for tenants. LEED certifications attest to a building’s commitment to green building. The local market includes 1 LEED-certified commercial building(s).

Distribution of LEED-Certified CRE Properties in Springfield, MA

LEED

1

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