Warehouses 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 is an attractive location for businesses and investors alike. Warehouses in Springfield can represent a range of investments, from industrial properties for manufacturing and distribution to storage facilities for various industries. With its strategic location along the Connecticut River, Springfield provides easy access to major transportation routes, including Interstate Highways I-90 and I-91, as well as Bradley International Airport and Springfield Union Station. The city's diverse economy, strong educational institutions, and rich cultural scene make it an ideal location for businesses to thrive. Additionally, Springfield's amenities, such as Forest Park, Lake Lorraine State Park, and the MassMutual Center, provide a high quality of life for residents and employees.
With 11 warehouses for sale in Springfield, investors have a range of options to choose from. In addition to warehouses, Springfield also offers other property types, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Springfield provide opportunities for manufacturing and distribution, while land offers a blank canvas for development. Residential income homes can provide a steady stream of revenue, and commercial real estate offers a range of possibilities, from office spaces to retail stores. Whatever the investment goal, Springfield's diverse economy and strong infrastructure make it an attractive location. With its rich history, cultural attractions, and strong educational institutions, Springfield is a great place to do business and live.
What size warehouses are available to buy in Springfield?
Warehouses for sale in Springfield, Massachusetts, range in size from 53,711 square feet to 190,582 square feet, with 11 available listings to choose from, offering a variety of options for businesses and investors.
How much does it cost to buy a warehouse in Springfield?
As of now, there are 11 available listings of warehouses for sale in Springfield, with an average price per square foot of $66 USD and an average size of 53,711 square feet, ranging from smaller facilities to larger ones like 190,582 square feet, and offering an average cap rate of 8.04%.
What are the key features investors look for in warehouses in Springfield?
When searching for warehouses in Springfield, investors typically look for properties that offer a strategic location, convenient access to major transportation facilities, and a range of amenities that support their business operations.
- Proximity to Interstate Highways I-90 (Mass Pike) and I-91, as well as Springfield Union Station, which provides rail transportation and connects to various cities, is a key consideration for investors seeking easy access to markets and suppliers.
- Warehouses with modern amenities, such as loading docks, high ceilings, and ample parking, are also in high demand, as they can support efficient logistics and distribution operations.
- Additionally, investors may prioritize warehouses with flexible lease terms, competitive pricing, and opportunities for customization or expansion, as these features can help them optimize their operations and adapt to changing business needs.
