Springfield, MA Commercial Real Estate for Rent and Sale

Search 48 commercial real estate listings in Springfield, MA and find helpful local stats in the Market Overview section below.

160 Rocus Street

160 Rocus Street, Indian Orchard, Springfield, MA
Property

Industrial

24,375 SF
Availability

1 Space

24,375 SF
For Lease

$14.00/SF/YR
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Springfield Plaza

510 Parker Street, Boston Road, Springfield, MA
Property

Retail

58,368 SF
Availability Contact for availability

For Lease Contact for pricing
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572 St. James Ave

572 St. James Ave, McKnight, Springfield, MA
Property

Industrial

6,414 SF
Year Built

1941
For Sale

$625,000
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44 Rose Street

44 Rose Street, East Springfield, Springfield, MA
Property

Industrial

75,000 SF
Availability

1 Space

24,375 SF
Year Built

1970
For Lease

$4.00/SF/YR
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Springfield Plaza - 1245-1395 Liberty Street

1355 Liberty Street, Liberty Heights, Springfield, MA
Property

Retail

430,727 SF
Availability

9 Spaces

112,803 SF
Year Built

1964
For Lease Contact for pricing
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Orchard Commons- Springfield Office Space

795 Worcester Street, Indian Orchard, MA
Property

Office

35,396 SF
Availability

2 Spaces

6,016 SF
Year Built

2007
For Lease

$16.00 - $18.00/SF/YR
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Springfield Crossing – New Development

1655 Boston Road, Boston Road, Springfield, MA
Property

Retail

337,230 SF
Availability

6 Spaces

337,250 SF
For Lease Contact for pricing
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665 Liberty Street

665 Liberty Street, Liberty Heights, Springfield, MA
Property

Retail

41,980 SF
Availability

1 Space

6,000 SF
For Lease

$12.50/SF/YR
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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 21 1,306,381 Sq. Ft.

Industrial 16 642,645 Sq. Ft.

Retail 5 838,682 Sq. Ft.

CRE for Rent in Springfield, MA by Use Type

Office

46.86%

Retail

30.09%

Industrial

23.05%

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 22 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 22

Liberty Heights 11

McKnight 8

Top Locations for Office Listings in Springfield, MA

Neighborhood with most Office Listings No. of Spaces

Metro Center 20

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

Indian Orchard 1

Top Locations for Retail Listings in Springfield, MA

Neighborhood with most Retail Listings No. of Spaces

Liberty Heights 10

Boston Road 6

Metro Center 1

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 487,246 square feet of commercial property for sale in Springfield. The largest investment opportunity on the local market offers 81,112 square feet of earning potential. If you are looking to buy a smaller property, consider that local listings for sale start at 4,326 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

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Springfield, MA Commercial Real Estate for Rent and Sale

160 Rocus Street

Springfield Plaza

572 St. James Ave

44 Rose Street

Springfield Plaza - 1245-1395 Liberty Street

Orchard Commons- Springfield Office Space

Springfield Crossing – New Development

665 Liberty Street

Commercial Real Estate Listings in Springfield, MA

Top Locations for Commercial Space in Springfield, MA

Commercial Real Estate for Sale in Springfield, MA

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

Distribution of LEED-Certified CRE Properties in Springfield, MA

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