Prime Mixed-Use Investment Opportunity! 704-708 Sumner Ave offers a unique opportunity to own a mixed-use property with both commercial and residential income potential. The street-level commercial space features excellent frontage, prominent signage, multiple offices, reception and waiting areas, making it ideal for professional, medical, retail, or service-based businesses. Above, residential apartments provide additional income and long-term investment value. The property offers off-street parking, separate utilities, multiple electrical panels, 15 year old roof and a flexible layout suited for owner-occupants and investors alike. Earning $4,700 per month rental income, there is room to increase rents to market rent. Its classic brick exterior provides timeless curb appeal while its high-traffic location ensures outstanding visibility. Conveniently located near Forest Park, MGM Springfield, downtown Springfield, & major highways including I-91 & the MA Turnpike.
- Disclosure
- Tax Year:
- 2026
- Status:
- Active
- Zoning:
- B1
- Orig Price:
- $499,900
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01108
- Longitude:
- W73° 26' 56''
- Latitude:
- N42° 5' 15.9''
Commercial Sale
704-708 Sumneravenue, Springfield, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $499,900
- Year Built :
- 1920
- Listing ID :
- 73528412
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com