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    48 East Silver St, Unit 3 Westfield, MA 01085

    For Sale
    $75,500

    Business condo near downtown, hospital, and courthouse.

    Lot size:
    1.50 Acres

    Property Features for 48 East Silver St

    General Information

    Lot size
    1.50 Acres

    Building Details

    Year built
    1964

    Source: Gallagher Real Estate Agent Jeffrey OConnor

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    East Silver Street Office Condo

    This business condo is located on East Silver Street, near downtown, the hospital, the courthouse, and retail shops. The property features a large reception area, a business office, and six or more additional offices. A kitchen and a private bathroom are included. There are also two common bathrooms in the hallway. The building has 35 parking spaces shared by all tenants. Other occupants in this professional building include attorneys, real estate professionals, and doctors. The property is suitable for business, medical, or professional office use and is ready for immediate occupancy.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7409465
    Latitude
    42.1148768

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    FAQs

    What type of property is this?
    Office space - Business condo near downtown, hospital, and courthouse.
    Where is this office space located?
    The property is located at 48 East Silver St, Unit 3 Westfield, MA.
    What is the asking price?
    The asking price for this property is $75,500.
    What are key features of this property?
    This property features: - Prime location: close to downtown, hospital, courthouse, and retail shops.; - Ready for immediate occupancy.; - Functional layout: large reception area, business office, and six+ offices.
    (413) 427-9225
    Request Owner's contact information
    48 East Silver St, Unit 3 Westfield, MA 01085
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    Westfield, MA 01085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48 East Silver St, Unit 3 Westfield, MA 01085
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