Flex Space with Office and
For Sale
$2,300,000
79 Mainline Drive, Westfield, MA 01085
19,820 SF flex building combining office and manufacturing space on a 4-acre lot with dedicated parking lots.
Property Size19,820 SF
Lot Size4.00 Acres
Price / SF$116.04
Days on Market765
Property Features for 79 Mainline Drive
General Information
Standard status
Active
Size
19,820 SF
Lot size
4.00 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Year Built
1968
Listing Agency:
SR Commercial Realty
Listed By:
Jeremy Casey
(617) 696-6100
Source:
Kelleyrege
Added: Jun 28, 2024
Changed: Jul 10
Last Checked: Aug 1 at 3:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SR Commercial Realty
Investment Insights
Based on property information with market context.
This flex property includes 3,000 SF of office space and 16,820 SF of manufacturing space within a single building, positioned on a 4-acre lot. The site is set up for multi-area operations, with designated parking lots serving the two sections of the property. The building is currently occupied, offering a ready-to-own arrangement for buyers seeking an income-producing asset.
The property is located just off Route 20 and is less than 3 miles from I-90, supporting convenient regional access for employees, suppliers, and customers. Ample on-site parking is available to serve the office and manufacturing components without commingling day-to-day traffic.
With separate office and manufacturing areas, this layout can fit businesses that need administrative space alongside production or light industrial operations. For investors, the combination of flex use and current occupancy provides a straightforward path to ownership, while the dedicated parking configuration helps each portion of the building function efficiently for day-to-day use.
The property is located just off Route 20 and is less than 3 miles from I-90, supporting convenient regional access for employees, suppliers, and customers. Ample on-site parking is available to serve the office and manufacturing components without commingling day-to-day traffic.
With separate office and manufacturing areas, this layout can fit businesses that need administrative space alongside production or light industrial operations. For investors, the combination of flex use and current occupancy provides a straightforward path to ownership, while the dedicated parking configuration helps each portion of the building function efficiently for day-to-day use.
Key Highlights
- 19,820 SF flex building on a 4‑acre lot in Westfield, MA
- Building includes 3,000 SF office space and 16,820 SF manufacturing space
- Designated parking lots serve the two sections of the building
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.7k | $8.16 |
| − Vacancy | −$10.5k | −$0.53 |
| EGI | $151.2k | $7.63 |
| − OpEx | −$45.4k | −$2.29 |
| NOI | $105.9k | $5.34 |
19,820 SF · lease $8.16/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$8.98M
$7.86M – $10.48M
NOI $628,897 @ 7.0% cap · market cap 27.34%
Second Best
Flex RnD
$3.64M
$3.18M – $4.24M
NOI $254,620 @ 7.0% cap · market cap 11.07%
Theoretical Best
Office A
$12.22M
$10.69M – $14.25M
NOI $855,082 @ 7.0% cap · market cap 37.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01085, MA
41,529
Population
17,054
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
59.7 sq mi
ZIP Area
696
Density / Sq Mi
$83,821
Median Household Income
$44,737
Median Earnings
$1,064
Median Rent
$296,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Moe's Southwest Grill — 301 E Main St, Westfield, MA 01085
Frequently Asked Questions
What type of property is this?
Flex space - 19,820 SF flex building combining office and manufacturing space on a 4-acre lot with dedicated parking lots.
Where is this flex space located?
The property is located at 79 Mainline Drive Westfield, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 19,820 SF flex building on a 4‑acre lot in Westfield, MA; Building includes 3,000 SF office space and 16,820 SF manufacturing space; Designated parking lots serve the two sections of the building
