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Westfield Office/Studio Space Available

38 Elm Street Unit 11, Westfield, MA 01085

For Lease
$425/Mo

Prime downtown Westfield office space with utilities included.

Space SizeContact for details
Days on Market218

Property Features for 38 Elm Street Unit 11

General Information

Standard status Active

Building Details

Year Built 1900
Listing Agency: Park Square Realty
Listed By: Melissa Lemanski
Source: Taylorrealtors
Added: Apr 6 Changed: Nov 8 Last Checked: Nov 8 at 6:57AM

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 Park Square Realty

Rey
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Investment Insights

Based on property information with market context.

Office and studio space is available for rent in downtown Westfield, Massachusetts. The property is situated in a visible location along Routes 20, 10, and 202. The space features large windows. It is suitable for individuals seeking to transition from a home office environment. Electricity, heat, and air conditioning are included. The location is two blocks from the Westfield Courthouse, with public and on-street parking nearby. It is suitable for attorneys, consultants, or creative professionals seeking a workspace in Westfield's downtown district. Adjacent connecting space is also available. The space is ready for move-in around July 1.

Key Highlights

  • Highly visible downtown location on Routes 20/10/202
  • All utilities included (electricity, heat, and air conditioning)
  • Affordable, turnkey workspace

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Auto Parts Store Bakery Furniture & Home Goods Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

621
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Westfield, MA

$46.41 /SF/Yr
Avg Asking Price
$2.08–$250 /SF/Yr
Price Range
5,892 SF
Avg Space Size

This space is priced 41% below the average of $46.41 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Westfield, MA

$14.07 Jul
$15.82 Aug
$16.85 Sep
$46.32 Oct

Properties on Market for Office Units in Westfield

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Prime downtown Westfield office space with utilities included.
Where is this office unit located?
The property is located at 38 Elm Street Unit 11 Westfield, MA.
What is the lease rate?
The lease rate is $425/Mo.
What are key features of this property?
This property features: Highly visible downtown location on Routes 20/10/202; All utilities included (electricity, heat, and air conditioning); Affordable, turnkey workspace
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