Springfield, MA Office Properties For Sale

 10
  • Moe Burhan
333 E Columbus Ave
Springfield, MA 01105
$1,000,000 USD
28,458 SF
        
28,458 SF
$1,000,000 USD
Office
 20
  • Carl Stickeler
95 Baskin Dr
Chicopee, MA 01020
$339,900 USD
1,546 SF
        
1,546 SF
$339,900 USD
Office Residential
 4
  • Mark Healy
691 Boston Rd
Springfield, MA 01119
$844,500 USD
3,739 SF
        
3,739 SF
$844,500 USD
Freestanding
 18
  • Aldo Giella
924-934 Main St
Springfield, MA 01103
$475,000 USD
5,658 SF
        
5,658 SF
$475,000 USD
Office Residential
 9
  • Brendan Greeley
71 Park Ave
West Springfield, MA 01089
$850,000 USD
9,169 SF
        
9,169 SF
$850,000 USD
Medical
 34
  • Chester Ardolino
85 Elm St
West Springfield, MA 01089
$1,300,000 USD
12,000 SF
8.08% Cap Rate
        
12,000 SF
$1,300,000 USD
Storefront Retail Office
 28
  • Ben Bolotin
  • Mitch Bolotin
33 Westfield St
West Springfield, MA 01089
$975,000 USD
7,940 SF
        
7,940 SF
$975,000 USD
Office
 23
  • Rich Andrus, CCIM, SIOR
1795 Main St
Springfield, MA 01103
$425,000 USD
1,968 SF
1 Unit
7% Cap Rate
        
1,968 SF
$425,000 USD
Medical
 10
  • Walter Kroll
153-157 Main St
Indian Orchard, MA 01151
$695,000 USD
10,932 SF
        
10,932 SF
$695,000 USD
Storefront
 12
  • William Low
32-34 Hampden St
Springfield, MA 01103
$699,000 USD
28,890 SF
        
28,890 SF
$699,000 USD
Office
 12
  • David Wolos
1205 Boston Rd
Springfield, MA 01119
$1,075,000 USD
4,326 SF
        
4,326 SF
$1,075,000 USD
Office
 6
  • John Dill
505-583 E Columbus Ave
Springfield, MA 01105
$4,500,000 USD
35,219 SF
        
35,219 SF
$4,500,000 USD
Office
 11
  • Liam Reynolds
  • David Wolos
2 Medical Center Dr
Springfield, MA 01107
$550,000 USD
3,394 SF
1 Unit
        
3,394 SF
$550,000 USD
Medical
 1
  • John Dill
2 Medical Center Dr
Springfield, MA 01107
$445,000-$662,500 USD
3,050-5,300 SF
2 Units
        
3,050-5,300 SF
$445,000-$662,500 USD
Medical
 10
  • Ben Bolotin
  • Mitch Bolotin
1240 Sumner Ave
Springfield, MA 01118
Price Upon Request
3,328 SF
        
3,328 SF
Price Upon Request
Freestanding
 10
  • Brendan Greeley
128-148 Maple St
Springfield, MA 01103
Price Upon Request
62,262 SF
        
62,262 SF
Price Upon Request
Office
 7
  • Brendan Greeley
110 Maple St
Springfield, MA 01105
Price Upon Request
39,972 SF
        
39,972 SF
Price Upon Request
Office
 5
  • Brendan Greeley
120 Maple St
Springfield, MA 01103
Price Upon Request
41,140 SF
        
41,140 SF
Price Upon Request
Medical
 8
  • Brenda Cuoco
299 Carew St
Springfield, MA 01104
$75,000 USD
465 SF
1 Unit
        
465 SF
$75,000 USD
Medical
 12
  • Bryan Kaye
34 Loring St
Springfield, MA 01105
$400,000 USD
3,563 SF
        
3,563 SF
$400,000 USD
Research And Development
 30
  • Nik Yusenko
733-759 Memorial Ave
West Springfield, MA 01089
$1,999,900 USD
11,200 SF
        
11,200 SF
$1,999,900 USD
Light Manufacturing
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Springfield Office Properties For Sale

Office Properties for sale in Springfield, Massachusetts, offer a unique investment opportunity in a city with a rich history and diverse economy. As the economic center of Western Massachusetts and the urban, economic, and media capital of the Connecticut River Valley, Springfield provides an attractive environment for businesses to grow and thrive. Office Properties in Springfield can represent a range of investments, from small, single-story buildings to large, multi-story complexes, each with its own unique characteristics and potential for returns. With amenities like Forest Park, Lake Lorraine State Park, and the MassMutual Center, Springfield offers a desirable location for businesses and employees alike. The city's infrastructure, including Springfield Union Station, Bradley International Airport, and Interstate Highways I-90 and I-91, makes it an ideal hub for transportation and commerce. Additionally, Springfield is home to several higher educational institutions, including Western New England University and Springfield College, and is part of the Knowledge Corridor, hosting a large number of university students and institutions.

With 21 Office Properties for sale in Springfield, investors have a range of options to choose from. The average price per square foot for Office Properties in Springfield is $135 USD, with an average size of 14,533 square feet and a largest size of 62,262 square feet. The average cap rate for Office Properties in Springfield is 7.54%. In addition to Office Properties, Springfield also offers a range of other property types, including Commercial Real Estate, with its diverse range of retail and industrial spaces; Apartment Buildings, providing a steady stream of rental income; Shopping Centers, with their high foot traffic and potential for retail success; and Hotels, catering to the city's many visitors and business travelers. With its unique blend of history, culture, and commerce, Springfield is an attractive location for investors and businesses alike.

What is the average price per square foot for office properties in Springfield?

The average price per square foot for office properties in Springfield is $135 USD.

What should I know about office property classifications (Class A, B, C)?

When searching for office properties for sale in Springfield, it's essential to understand the classification system, which categorizes properties based on their quality, amenities, and location, to make an informed investment decision.

  • Class A office properties are typically high-rise buildings with modern amenities, prime locations, and high-quality finishes, attracting top-tier tenants and commanding higher rental rates.
  • Class B office properties offer functional spaces with standard amenities, often located in decent areas, and are a popular choice for small to medium-sized businesses, providing a balance between affordability and quality.
  • Class C office properties are usually older buildings with limited amenities, located in less desirable areas, and are often renovated to appeal to budget-conscious tenants or startups.
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