225 Park Ave

For Sale

225 Park Ave, West Springfield, MA 01089

This West Springfield property for sale is located at 225 Park Ave. The current listed sale price for 225 Park Ave is $2,600,000. 225 Park Ave is situated on a lot that is 1.29 acre in size.

Contacts

broker

Paul Bongiorni

SR Commercial Realty

Realtor

Property Details

  • Property Type Office
  • Property Size 23,554 SF
  • Lot Size 1.29 Acre
  • Zoning BA-1
  • Additional Rent Contact for pricing
  • # of Floors 5
  • Parking Spaces Avail. 71
  • Parking Ratio 3.01 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1974
  • Date Updated Jan 29, 2024

Presenting a 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 a portion of the site to KeyBank. This offering includes two distinct buildings, 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. 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 office or possible retail building (229 Park Ave.). This building provides flexibility to accommodate a range of business operations.

Strategically located on a corner lot, this package benefits from a high-traffic area, ensuring visibility and accessibility for both clients and employees. The site is minutes from downtown Springfield, the Riverdale St./Rt. 5 retail corridor, the popular Eastern States Exposition fairgrounds/Big E, and all area highways including the MA Pike.

With an attractive leaseback to a national tenant and the inclusion of four separate parcels, this diversified opportunity provides a stable source of income for the new owner while allowing for ongoing leasing of vacant spaces or redevelopment.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 79/100

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  • 47/100

    Transit Score ®

  • 55/100

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Location

  • City West Springfield, MA
  • Neighborhood Merrick
  • Zip Code 01089
  • Market Worcester Springfield

Points of Interest

  • Cumberland Farms

    0.16 miles

  • Citgo

    0.86 miles

  • Valero

    1.02 miles

  • Mobil

    1.75 miles

  • Tesla Supercharger

    1.89 miles

  • Sunoco

    2.16 miles

  • Shell

    2.17 miles

  • Roady's Truck Stops

    2.18 miles

  • ChargePoint

    5.19 miles

  • Enel

    6.48 miles

  • Union Station Parking Garage

    1.37 miles

  • I-91 North Parking Garage

    1.44 miles

  • Columbus Center Parking Garage

    1.47 miles

  • I-91 South Parking Garage

    1.59 miles

  • Daly Garage

    1.68 miles

  • Civic Center Parking Garage

    1.73 miles

  • MGM Springfield Oversized Parking

    1.77 miles

  • Museum Parking

    1.83 miles

  • MGM Springfield Parking Garage

    1.83 miles

  • Skyview Downtown Garage

    1.85 miles

  • La Quinta Inn & Suites Springfield

    1.44 miles

  • Marriott

    1.54 miles

  • Naomi's Inn

    1.54 miles

  • Sheraton Springfield Monarch Place Hotel

    1.58 miles

  • Holiday Inn Express

    1.87 miles

  • MGM Springfield Hotel

    1.87 miles

  • Westside Inn

    1.98 miles

  • Hilton Garden Inn Springfield

    2.12 miles

  • Hampton Inn & Suites Springfield/Downtown

    2.17 miles

  • Hanna Manor

    2.17 miles

  • Precision Auto Repair

    0.54 miles

  • Price Rite

    0.95 miles

  • Big Lots

    1.04 miles

  • Big Y

    1.09 miles

  • Tower Square Mall

    1.51 miles

  • ALDI

    1.71 miles

  • Kohl's

    1.73 miles

  • Super Stop & Shop

    1.87 miles

  • Save-A-Lot

    2.33 miles

  • Geissler's Supermarket

    3.00 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul Bongiorni

SR Commercial Realty

Realtor