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$2,450,000
272 Days Online

217-241 Park Ave
West Springfield, MA 01089

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
23,554
SqFt
$104
/SqFt
1974
Built
County:
Hampden

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217-241 Park Ave217-241 Park Ave217-241 Park Ave217-241 Park Ave
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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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Listing Snapshot
Price 
$2,450,000
Days Online 
272 Days
Bedrooms 
N/A
Inside Area (SqFt) 
23,554 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.29 Acres
Year Built 
1974
MLS® Number 
73197300
Status 
Active
Property Tax 
$78,759
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoPrice changed to $2,450,000
6 months agoStatus changed to Active
9 months agoListing first seen online
9 months agoListing updated with changes from the MLS®
General Features
Acres 
1.29
Buyer Agent Compensation 
2%
Parking Spaces 
71
SqFt Total 
23554
Zoning 
Legal Conforming
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Listing courtesy of Paul Bongiorni of SR Commercial Realty



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.

Data Last Updated at 2024-10-27 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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