Available For Sale - Office

23,554 SF | Show Pricing $

LISTED BY

Paul Bongiorni
SR Commercial Realty, 413-459-0570

AVAILABILITY DETAILS

Size
23,554 SF
Price/SF
Show Pricing $
Listing ID
SA562546
Notes
Presenting a 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 a portion of the site to KeyBank. This offering includes two distinct buildings, 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. 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 office or possible retail building (229 Park Ave.). This building provides flexibility to accommodate a range of business operations.



Strategically located on a corner lot, this package benefits from a high-traffic area, ensuring visibility and accessibility for both clients and employees. The site is minutes from downtown Springfield, the Riverdale St./Rt. 5 retail corridor, the popular Eastern States Exposition fairgrounds/Big E, and all area highways including the MA Pike.



With an attractive leaseback to a national tenant and the inclusion of four separate parcels, this diversified opportunity provides a stable source of income for the new owner while allowing for ongoing leasing of vacant spaces or redevelopment.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Paul Bongiorni, SR Commercial Realty
BRE# MA: 9575704 CT: REB.0793882