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Developable Land Next to QSRs and Fully Leased Plaza

$1,050,000

1470 Allen Street, Springfield, MA 01118

Active
Last Updated: 10/25/2024

3.45 acres

Lot Area

SR1B1

Zoning

Details:
Lot Area:    3.45 acres
Zoning:    SR1B1
Highlights:
  • Great traffic
  • Surrounded by local and national retailers/QSRs
  • Right-of-way to signalized intersection
  • Convenient to Springfield area suburbs
Description:

Commercial development opportunity in one of Springfield’s most populated and affluent neighborhoods, 16 Acres. The parcel is well-positioned at the busy, signalized intersection of Allen Street and Bicentennial Highway, with greater than 30,000 vehicles passing daily. Neighboring sites include Bicentennial Plaza (a popular local retail center), Florence Bank, McDonald’s, Wendy’s, and several medical properties. At the crossroads of Springfield's suburbs, the site benefits from great visibility, strong east-west commuter traffic, and is convenient to regional retail hub Five Town Plaza. Many usage and configuration possibilities for retailers, QSRs, etc. The site includes a right-of-way to the traffic signal.

Map:
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