Unique investment opportunity in downtown West Springfield. The Park Tower site is a prime commercial real estate package available for sale with a partial leaseback. 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 luxurious office space, 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. The 4th floor was recently leased to the local chapter of a national trade organization. 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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Last Checked: January 23rd, 2026 at 6:28am (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
Neighborhood(s)
ZoningBA-1
Year Built1974
Disclosures for 217-241 Park Ave, West Springfield MA 01089
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Special Listing Conditions
ExclusionsDr And Kitchen Chandeliers
Buyer Agent Compensation0
Facilitator Compensation0
Compensation Based On
Contact Information for 217-241 Park Ave, West Springfield MA 01089