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Active

217-241 Park Ave

West Springfield, MA 01089

Offered at$2,100,000

Commercial Sale · Active · MLS #73197300
Listing Courtesy of Listing Office | Paul Bongiorni

Bedrooms
Bathrooms
23,554Square feet
1974Year built

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MLS PIN data

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 information

Details at a glance

Building

Style
Other
Year built
1974

Land & utilities

Lot size
1.29 acres
Zoning
BA-1

Financial

Annual taxes
$78,759
Assessment year
2023

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Local market context

How this home compares in West Springfield

MetricThis propertyWest Springfield
List price$2,100,000$495,000324% above local
Price / sq ft$89$19755% below local
Days on market382
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Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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About 217-241 Park Ave

Can I schedule a private showing?

Yes. Request a tour of 217-241 Park Ave and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.