Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

217-241 Park Ave

West Springfield, MA ID #73197300

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217-241 Park Ave

- West Springfield, MA ID #73197300

Property Description

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.

Additional Details

  • Status: ACT
  • Zip Code: 01089
  • Taxes: 78,759
  • Acres: 1.29

Parking

  • Parking Spaces: 71

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Paul Bongiorni of Paul Bongiorni. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.