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217-241 Park Ave, West Springfield MA 01089

Commercial Sale

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.

This home has been viewed 134 times

Last Checked: April 12th, 2025 at 8:53am (Source: MLS PIN #73197300)

General Information for 217-241 Park Ave, West Springfield MA 01089

Listing ID73197300

Property TypeCommercial Sale / Commercial

Price$2,100,000

Style

CityWest Springfield

CountyHampden

MLS Area

Neighborhood(s)

Garage Parking

ZoningBA-1

AssociationNo

Year Built1974

Year Built Source

Year Renovated

Year Built Details

Handicap Access / FeaturesNo

Energy Features

Disclosures for 217-241 Park Ave, West Springfield MA 01089

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Senior CommunityNo

Special Listing Conditions

For Sale By OwnerNo

Exclusions

Disclosures

Title 5

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Contact Information for 217-241 Park Ave, West Springfield MA 01089

Agent

Name: Paul Bongiorni

MLS ID: CN227113

Office ID: AN8977

National Association ID: 452510654

Address: 193 Dayton Street

City: Springfield

State: MA

Zip: 01118

Office

Name: Paul Bongiorni

MLS Office ID: AN8977

Phone: 413-312-9299

Exclusive Listing Agent

Paul Bongiorni

Agent Phone

Office Phone

(413) 312-9299

Text Agent Call Agent Call Office

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EXIT

Active

217-241 Park Ave, West Springfield MA 01089

General Information for 217-241 Park Ave, West Springfield MA 01089

Disclosures for 217-241 Park Ave, West Springfield MA 01089

Contact Information for 217-241 Park Ave, West Springfield MA 01089

Agent

Office

Exclusive Listing Agent

Paul Bongiorni

Paul Bongiorni