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Windowed Office Unit
For Lease
$425/Mo

38 Elm Street Unit 10, Westfield, MA 01085

An individual workspace includes electricity, heat, and air conditioning in the rent.

Space SizeContact for details
Days on Market22

Property Features for 38 Elm Street Unit 10

General Information

Standard status Active

Space & Availability

Space Use Office
Condition Turnkey
Available From Immediate

Additional Details

Utilities to Site Yes

Amenities

Electricity
Heat
Air Conditioning

Building Details

Year Built 1900
Listing Agency: Park Square Realty
Listed By: Melissa Lemanski
Source: Parksquarerealty
Added: Sep 14 Changed: Oct 4 Last Checked: Oct 4 at 9:54AM

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

Investment Insights

Based on property information with market context.

This single-office space has large windows and includes electricity, heat, and air conditioning. The building dates to 1900, and an adjoining office that can connect to this unit is also available.

The property is in downtown Westfield along Routes 20, 10, and 202, two blocks from the Westfield Courthouse. Public and on-street parking are nearby.

Key Highlights

  • Individual office with large windows
  • Electricity, heat, and air conditioning included
  • Adjacent connecting office also available

Property Analytics

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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

Yes
Utilities to site
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
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Market

Lease Benchmarks for Westfield, MA

$15.49 /SF/Yr
Avg Asking Price
$2.08–$27.27 /SF/Yr
Price Range
6,193 SF
Avg Space Size

This space is priced 76% above the average of $15.49 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Office units - An individual workspace includes electricity, heat, and air conditioning in the rent.
Where is this office units located?
The property is located at 38 Elm Street Unit 10 Westfield, MA.
What is the lease rate?
The lease rate is $425/Mo.
What are key features of this property?
This property features: Individual office with large windows; Electricity, heat, and air conditioning included; Adjacent connecting office also available
More about this property
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