671 State St 420 SF 100% Leased Retail Building Springfield, MA 01109 $249,000 ($592.86/SF)



INVESTMENT HIGHLIGHTS
- High-traffic corner lot with strong visibility and accessibility
- Surrounded by businesses, schools, and densely populated neighborhoods
- Close proximity to downtown Springfield, I-291, I-91, and public transit
- Near key landmarks: Springfield Technical Community College, MGM Springfield, and Union Station
EXECUTIVE SUMMARY
Redevelopment Opportunity For Sale – 671 State Street, Springfield, MA
Unlock the potential of this prime commercial property located in the heart of Springfield’s revitalizing corridor. 671 State Street presents an exceptional redevelopment opportunity with high visibility, strong traffic counts, and Business C zoning, allowing for a variety of commercial and mixed-use developments.
Situated on a corner lot totaling approximately 0.25 acres, this site features [insert square footage] of existing building space, offering both immediate utility and long-term development value. Its strategic location provides excellent frontage and access, ideal for retail, office, residential conversion, or community-use projects.
Key Features:
Lot Size: 0.34 acres
Zoning: Business 1 – allowing for mixed-use, retail, office, and more
High-traffic corner lot with strong visibility and accessibility
Close proximity to downtown Springfield, I-291, I-91, and public transit
Surrounded by businesses, schools, and densely populated neighborhoods
Near key landmarks: Springfield Technical Community College, MGM Springfield, and Union Station
This is a rare chance to reimagine a prominent property and bring new energy to a growing part of the city. Whether you’re an investor, developer, or entrepreneur, 671 State St offers a strategic location and versatile zoning to support your vision.
Offered at: 249K
Contact us today to schedule a site tour and discuss redevelopment potential.
Unlock the potential of this prime commercial property located in the heart of Springfield’s revitalizing corridor. 671 State Street presents an exceptional redevelopment opportunity with high visibility, strong traffic counts, and Business C zoning, allowing for a variety of commercial and mixed-use developments.
Situated on a corner lot totaling approximately 0.25 acres, this site features [insert square footage] of existing building space, offering both immediate utility and long-term development value. Its strategic location provides excellent frontage and access, ideal for retail, office, residential conversion, or community-use projects.
Key Features:
Lot Size: 0.34 acres
Zoning: Business 1 – allowing for mixed-use, retail, office, and more
High-traffic corner lot with strong visibility and accessibility
Close proximity to downtown Springfield, I-291, I-91, and public transit
Surrounded by businesses, schools, and densely populated neighborhoods
Near key landmarks: Springfield Technical Community College, MGM Springfield, and Union Station
This is a rare chance to reimagine a prominent property and bring new energy to a growing part of the city. Whether you’re an investor, developer, or entrepreneur, 671 State St offers a strategic location and versatile zoning to support your vision.
Offered at: 249K
Contact us today to schedule a site tour and discuss redevelopment potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
420 SF
Building Class
C
Year Built
1989
Price
$249,000
Price Per SF
$592.86
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
B1
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS





PROPERTY TAXES
Parcel Number | SPRI-011110-000000-000520 | Improvements Assessment | $53,500 |
Land Assessment | $107,200 | Total Assessment | $160,700 |