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    Westfield, MA
    Conventional Restaurant

    Westfield, MA Conventional Restaurants for Sale

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    Southwick, MA West Springfield, MA Russell, MA Feeding Hills, MA Holyoke, MA Southampton, MA Springfield, MA Chicopee, MA
    Turn-Key Bar and Restaurant
    Updated: Jan 6
    Turn-Key Bar and Restaurant

    287 N Elm Street, Westfield, MA 01085

    $700,000
    2,181 sqft
    Bar and restaurant has operated continuously since 2000 and is offered as a turn‑key business and real estate package
    Prominent frontage on US Rt. 202, about 2 minutes from I‑90
    Full‑service commercial kitchen with pizza oven plus walk‑in food cooler, walk‑in beer cooler, and walk‑in freezer
    12‑line draft tap system and pool tables
    On‑site ATM and large outdoor deck with heaters, televisions, and a projector
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    This listing looks promising.

    Here's a quick look at some key insights for

    287 N Elm Street, Westfield, MA 01085

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Price @ 7% Cap

      $403K
      Suggested

    • Last Sold

      Aug 2023
      $280K

    • Property Type

      Restaurant
      Built 1960
    View Property Analytics
    First-Floor Restaurant Space
    Updated: Mar 30
    First-Floor Restaurant Space

    205 Elm St, Westfield, MA 01085

    Contact for pricing
    1,798 sqft
    1,798 SF of first‑floor commercial space
    Existing infrastructure associated with prior restaurant use
    Mixed‑use zoning designation
    Previously operated as a restaurant
    Landlord is open to tenant improvements
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    Three-Story Mixed-Use Investment Building
    Three-Story Mixed-Use Investment Building

    205 Elm Street, Westfield, MA 01085

    $439,900
    5,394 sqft

    Three-story building with a fully equipped first-floor restaurant space and residential units above generating rental income.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Westfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Equipped Restaurant with Liquor License
    Fully Equipped Restaurant with Liquor License

    548 South St, Holyoke, MA 01040

    $149,900
    2,880 sqft

    Operating Spanish restaurant with 14-table dining, a full commercial kitchen, and a catering contract supporting recurring revenue.

    View details
    Historic Bank Building with Skylight
    Historic Bank Building with Skylight

    1665 Main St, Springfield, MA 01103

    Contact for pricing
    1,608 sqft

    Historic bank space with soaring ceilings and a large skylight, plus a decommissioned vault and back area.

    View details
    Downtown First-Floor Flex Space
    Downtown First-Floor Flex Space

    1675 Main St, Springfield, MA 01103

    Contact for pricing
    1,909 sqft

    First-floor restaurant, retail, or office space available with potential to include an existing hood and sink.

    View details
    Retail Property Near Interstate 91
    Retail Property Near Interstate 91

    915 Main St, Holyoke, MA 01040

    Contact for pricing
    2,520 sqft

    Two-unit retail property with established convenience store and restaurant.

    View details

    Westfield, MA Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Westfield, MA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,373 square feet of properties for sale, with an estimated market value of $1,139,900.

    Sale prices for conventional restaurants in Westfield, MA start at $439,900, averaging $569,950, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 3
    Bars & Pubs 1
    Coffee shops 1
    Drive through restaurants 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) -1.1%
    Median Household Income $83,821
    College Educated 22.3%

    High-Yield Neighborhoods for Investment

    Identify Westfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01085 $570K

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $57.14 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

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