217-241 Park Ave, West Springfield MA 01089
West Springfield, MA 01089
$2,600,000
$2,100,000
Est. $17,382/month
Track this home for price, status, and open-house alerts.
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.
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
Public Records & Permits
Log in to view assessor & tax records, ownership history, and recent building permits for this property.
BMN Estimate
Get the number an algorithm can't give you
A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.
Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Jan 29, 2024
$2,100,000
Original listing
Agent: Paul Bongiorni
Office: Pioneer CRE
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/29/2024 | 🏠 Listed for Sale | $2,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2023 | $78,759 | — |
Financial Details
Annual Property Tax
$78,759
Tax Year 2023
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1974
Living Area
23,554 sq ft
Lot Size
1.29 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$78,759
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
All Measurements/number Of Parking Spaces Approximate. Buyer To Verify All Information, Zoning, Use. Sale/leaseback Terms Subject To Change. Buyer To Pay Lease Commission/no Leasing Fee Due To Buyers Agent. Listing Broker Hired By Jll Illinois As Cooperating Local Broker. Seller Is Client Of Jll.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Hampden
Property Overview
Listing Type
For Sale
Year Built
1974
Living Area
23,554 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1974
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$6,563
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
Loading map...
Neighborhood
217-241 Park Ave, West Springfield MA 01089
West Springfield, MA 01089
Listing Information
Listing Agent
Paul Bongiorni
Listing Office
Pioneer CRE
Office Phone
413-312-9299
Agent MLS ID
CN227113
Office MLS ID
AN8977
Listing Data Updated
Jan 22, 2026 3:05 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for West Springfield.