217-241 Park Ave West Springfield, MA 01089
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyHampden
- Taxes$78,759
- HOA/Condo/Coop Fees$0
- Days on Site49 Days
- MLS StatusActive
- MLS ID Number73197300
- Home Size Source N/A
- Year Built1974
- Lot Size1.29 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 71
- Acreage 1.29
- Zoning BA-1
Exterior Features
- Waterfront Property No
Community Features
- Senior Community No
- Adult Care Community No