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    351 North Elm St Westfield, MA 01085

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    For Sale
    $225,000

    Two buildings on 0.40 acres with residential and workshop spaces.

    Lot size:
    0.40 Acres

    Property Features for 351 North Elm St

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    1950

    Source: Park Square Realty Agent Julianne M. Krutka

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

    Overview

    Commercially Zoned Property with Workshops

    This commercially zoned property features two stand-alone buildings on 0.40 acres. The first building is a two-bedroom, one-bath ranch-style home with a 432 sqft heated workspace attached. This space could serve as a residence for the business owner or as office space. The second building includes two workshops totaling approximately 1000 sqft, plus a storage area and a half bath. Each building has its own heating system, and both have newer roofs. The two-bedroom home also has a full basement. Intended use should be verified with the City of Westfield. This property offers visibility for a small business.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7370662
    Latitude
    42.138584

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    FAQs

    What type of property is this?
    Mixed-use property - Two buildings on 0.40 acres with residential and workshop spaces.
    Where is this mixed-use property located?
    The property is located at 351 North Elm St Westfield, MA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Commercially zoned property on .40 acres.; - Two stand-alone buildings included.; - One building is a 2-bedroom, 1-bath ranch with a 432 sqft heated workspace.
    (413) 297-6718
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    351 North Elm St 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
    351 North Elm St Westfield, MA 01085
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