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Office Building in Springfield, MA

$2,000,000

534 Sumner Avenue, Springfield, MA 01108

Active
Last Updated: 02/25/2025

5.44

Cap Rate

108,816

NOI

Details:
Cap Rate:    5.44%
NOI:    $108,816
Building Size:    9,300 sqft
Lot Area:    23,087 sqft
Occupancy:    100%
Year Built:    1942
Price Per Sqft:    $215
Tenancy:    Multiple
Floors:    1
Investment Strategy:    Opportunistic
Highlights:
  • For Sale: Office Building in Springfield, MA
  • Property is Surrounded by Various Neighborhood Retail and Amenities
  • Several Bus Lines Run in Front of the Property Including the G1, G5, T1, T2, & T92 Lines
  • Located Near Route 91 and the Julia B. Buxton Bridge
Description:

American Investment Properties is retained to sell the property located at 534 Sumner Ave, Springfield, MA. At this location is an office building that is surrounded by various neighborhood retail and amenities. This property is located near Route 91 and the Julia B. Buxton Bridge.

Map:
Documents:
Title
Springfield_MA__534_Sumner_Ave__Offering_Memorandum_.pdf
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