First-Floor Office
For Sale
Contact for pricing
45 Arch Rd # 5, Westfield, MA 01085
Open workspace, five private offices, and a kitchenette define the existing suite layout.
Property Size3,256 SF
Price / SF$0.00
Days on Market621
Property Features for 45 Arch Rd # 5
General Information
Standard status
Active
Size
3,256 SF
Property subtype
Commercial
Zoning
BA
Additional Details
Floor
First Floor
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$33,942
Building Details
Building Size
3,256 SF
Year Built
1956
Listing Agency:
Pioneer CRE
(413) 312-9299
Listed By:
Paul Bongiorni · License #9575704
(413) 459-0570
Source:
Churchillprop
Added: Feb 5, 2025
Changed: Oct 6
Last Checked: Oct 19 at 4:37AM
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 Pioneer CRE
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Investment Insights
Based on property information with market context.
This first-floor office suite at 45 Arch Rd # 5 contains 3,256 SF arranged with an open office area, five private offices, and a kitchenette. The property was built in 1956 and carries BA zoning.
The professional center is positioned directly off US Rt. 202, with access to the MA Pike. Additional office and shop space is available elsewhere within the building, providing further commercial space options at the same property.
The professional center is positioned directly off US Rt. 202, with access to the MA Pike. Additional office and shop space is available elsewhere within the building, providing further commercial space options at the same property.
Key Highlights
- 3,256 SF first‑floor office suite
- Existing layout includes open office area, five private offices, and a kitchenette
- Directly off US Rt. 202
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,314
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,066,280
$2.1M
Cap Rate 7%
$1,475,914
$1.5M
Cap Rate 9%
$1,147,933
$1.1M
Market Conditions
NOI Build-Up for 3,256 SF
Gross rent
$176.6K $54.24/SF
− Vacancy
−$38.9K −$11.93/SF
EGI
$137.8K $42.31/SF
− OpEx
−$34.4K −$10.58/SF
NOI
$103.3K $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%
$2,066,280
Cap Rate 7%
$1,475,914
Cap Rate 9%
$1,147,933
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,314 @ 7.0% cap · market cap 860,950.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,472 @ 7.0% cap · market cap 1,170,600.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
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
Check the figures for this property
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 - Open workspace, five private offices, and a kitchenette define the existing suite layout.
Where is this office unit located?
The property is located at 45 Arch Rd # 5 Westfield, MA.
What are key features of this property?
This property features: 3,256 SF first‑floor office suite; Existing layout includes open office area, five private offices, and a kitchenette; Directly off US Rt. 202
