Downtown Office Unit on Route
For Sale
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180 Westfield St # A, West Springfield, MA 01089
Office unit on Route 20 in downtown West Springfield, previously used as a tutoring office.
Property Size2,552 SF
Price / SF$0.01
Days on Market282
Property Features for 180 Westfield St # A
General Information
Standard status
Active
Size
2,552 SF
Property subtype
Commercial
Lease Type
Gross
Additional Details
Road Access
Yes
Building Details
Building Size
2,552 SF
Year Built
1950
Listing Agency:
American Made Real Estate Company
Listed By:
Anthony Wheeler
(413) 210-7516
Source:
Churchillprop
Added: Jan 25
Changed: Oct 31
Last Checked: Nov 1 at 3:55AM
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 American Made Real Estate Company
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Investment Insights
Based on property information with market context.
This offering is an office unit on Route 20 in downtown West Springfield, previously used as a tutoring office. The space is available as presented, and it may also be expanded into an adjacent unit to create a total of 3,782 SF.
The property is located at 180 Westfield St #A in West Springfield, MA. Additional flexibility is available for tenants or users who need more space by combining units.
If you’re looking for an office space with the option to expand, this unit provides a straightforward starting point in a downtown setting along Route 20.
The property is located at 180 Westfield St #A in West Springfield, MA. Additional flexibility is available for tenants or users who need more space by combining units.
If you’re looking for an office space with the option to expand, this unit provides a straightforward starting point in a downtown setting along Route 20.
Key Highlights
- Office space available on Route 20 in downtown West Springfield
- Previously used as a tutoring office; suitable for other office concepts
- Can be expanded into an adjacent unit for a total of 3,782 SF available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,976
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,520
$1.6M
Cap Rate 7%
$1,156,800
$1.2M
Cap Rate 9%
$899,733
$899.7K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$138.4K $54.24/SF
− Vacancy
−$30.5K −$11.93/SF
EGI
$108.0K $42.31/SF
− OpEx
−$27.0K −$10.58/SF
NOI
$81.0K $31.73/SF
Area
Hampden County, MA
Vacancy
22.00%
Lease Rate
$54.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,619,520
Cap Rate 7%
$1,156,800
Cap Rate 9%
$899,733
Alternative Uses
Best Use
Office B
$1.16M
$1.01M – $1.35M
NOI $80,976 @ 7.0% cap · market cap 476,329.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.38M – $1.83M
NOI $110,099 @ 7.0% cap · market cap 647,641.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 01089, MA
28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit on Route 20 in downtown West Springfield, previously used as a tutoring office.
Where is this office unit located?
The property is located at 180 Westfield St # A West Springfield, MA.
What are key features of this property?
This property features: Office space available on Route 20 in downtown West Springfield; Previously used as a tutoring office; suitable for other office concepts; Can be expanded into an adjacent unit for a total of 3,782 SF available
