INNOVATE
Real Estate
No photos available for this listing

$2,100,000

217-241 Park Ave, West Springfield MA 01089
West Springfield, MA 01089
Listed by Paul Bongiorni
Bedrooms
N/A
Bathrooms
N/A
Living area
23,554 sqft
Year built
1974

About this home

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.

Property details

MLS #
73197300
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
1.29 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Philip G Coburn
0.31 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
463
Student:teacher ratio
9.4:1
District
West Springfield
Middle
Roberta G. Doering School
1.11 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
521
Student:teacher ratio
11.1:1
District
Agawam
HighCharter
Hampden Charter School of Science West
0.67 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
368
Student:teacher ratio
11.9:1
District
Hampden Charter School of Science West (District)

Mortgage calculator

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Est. monthly payment
$12,796/mo
$420,000 down
$1,680,000 loan
Principal & interest$10,896
Property tax (est.)$1,750
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated January 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.