$599,000
18 Salem St
Springfield, MA, 01105
20,734 SF Value-Add Opportunity | Springfield, MA 01105Located in Springfield, 18 Salem Street presents a strong opportunity for both investors and owner-occupants, offering a functional layout in a well-established residential neighborhood with consistent rental demand. The property provides potential for value-add through light improvements while maintaining long-term income potential, and it’s convenient location near local amenities, schools, and major roadways enhances overall appeal. Ideal for those looking to build equity or generate steady cash flow, this is a straightforward and versatile investment opportunity. The property consists of approximately 20,734 SF on a 0.4653-acre lot, is currently not occupied, and is offered for sale at $599,000.
Property Details
Price:
$599,000
MLS #:
73503134
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Listed Date:
Apr 16, 2026
Lot Size:
20,268 sqft / 0.47 acres (approx)
Year Built:
1890
Schools
Interior
Exterior
Financial
Tax Year
2025
Taxes
$13,889
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Current real estate data for Commercial in Springfield as of Jul 18, 2026
38
Commercial Listed
338
Avg DOM
189
Avg $ / SqFt
$1,012,198
Avg List Price
Community
- Address18 Salem St Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01105
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 18 Salem St Springfield MA is a Commercial for sale in Springfield, MA, 01105. It is listed for $599,000 To schedule a showing of MLS#73503134 at 18 Salem St in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of SR Commercial Realty. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
18 Salem St
Springfield, MA