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Retail Development Opportunity in Westfield
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417-427 N Elm St, Westfield, MA 01085

Retail development opportunity in a high-traffic area of Westfield.

Space SizeContact for details
Lot Size1.16 Acres
Days on Market257

Property Features for 417-427 N Elm St

General Information

Standard status Active
Lot size 1.16 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,791

Building Details

Year Built 1961
Listing Agency: SR Commercial Realty
Listed By: Jeremy Casey
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 11 at 7:13AM

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 retail development opportunity in Westfield, MA, offers up to 1.53 acres across two parcels. Planned features include a pad site suitable for a quick service restaurant and an additional building located behind it. The site is positioned in a high-traffic area and is surrounded by national retailers such as Starbucks, Hot Table, and Wendys. The location benefits from strong daily traffic counts and easy access to major routes. This is a chance to secure a place in a rapidly growing commercial corridor.

Key Highlights

  • 1.53 acre retail development opportunity.
  • Pad site ideal for a quick service restaurant.
  • High‑traffic location.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Real Estate Agency Daycare Center Garden Center

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

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 81% Shops & Services 18% Hotels & Casinos 1%
McDonald's Dining
24,027 visits/mo 0.2 miles
Wendy's Dining
20,375 visits/mo 0.4 miles
Starbucks Dining
19,175 visits/mo 0.4 miles
Dunkin' Donuts Dining
18,551 visits/mo 0.4 miles
Shell Shops & Services
13,210 visits/mo 0.1 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail development opportunity in a high-traffic area of Westfield.
Where is this retail space located?
The property is located at 417-427 N Elm St Westfield, MA.
What are key features of this property?
This property features: 1.53 acre retail development opportunity.; Pad site ideal for a quick service restaurant.; High‑traffic location.
More about this property
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