Address
53-55 Elm Street, Westfield, MA
Price
$ 699,900
Property Attributes
- MLS#73137659
- TypeCommercial
- CountyHAMPDEN
- CityWestfield
- Zip01085
- StyleCommercial
- Year Built1890
- Taxes$ 5378
- Price$ 699,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.17 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Current Sales Volume $600,000 - Investors looking for a meticulously maintained MIXED USE BUILDING with a successfully run RETAIL BUSINESS for over 75 years located in the heart of DOWNTOWN Westfield, THIS is the opportunity you have been waiting for! Plenty of visibility, located on a highly traveled main street with lots of foot traffic to draw in tons of business. Retail space features a beautiful tin ceiling, 18 camera security system, C/Air, 14-Door Cooler, Separate cooler room, all equipment and antiques, 1/2 Bath, plenty of storage in back room. clean/dry and organized basement and separate detached storage room as well. Plenty of parking with attached lot for approx 10 off street spaces included with sale (zoned commercial/buildable). Spacious apartment above retail space can be rented at $15,600/yr and has new HVAC system & windows. Don't let this TURN KEY opportunity slip away, Both building and business are being sold together. Seller wants Offers!
| Price History | |
|---|---|
| 5/8/2024 | Listed $699,900 |
General Features
| Utilities | Public Water,Public Sewer,Natural Gas Available |
|---|---|
| Zoning | 0000 |
| Year Built | 1890 |
| Tax Year | 2024 |
| Gross Income | 582828 |
| Business Type | Commercial |
| County | Hampden |
| Net Operating Income | 93686 |
| Operating Expense | 489141 |
| Property Type | Commercial Sale |
| HOA / Comm Assn | No |
| Status | Active |
| Directions | Off Main |
| City | Westfield |
| Disclosures | Inventory not included in price,will be determined at time of sale. See attached information regarding Liquor & Lottery Licenses. 21E on file. SF breakdown approx between retail & residential spa |
| Senior Community Y/N | No |
| Zoning Description | Legal Conforming |
| Lot Size Square Feet | 7405 |
| Waterfront Y/N | No |
| Street Name | Elm Street |
| Tax Annual Amount | 5378.8 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
Exterior Features
| Total Parking | 10 |
|---|---|
| Lot Size Area | 0.17 |
| Lot Size Acres | 0.17 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 01085
Price
Taxes
Visits
Year Built
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