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Versatile Second Floor Office Space
For Lease
$11 SF/Yr

501 Southampton Rd, Westfield, MA 01085

Adaptable 2,200-2,800 SF space with Mass Pike access.

Space SizeContact for details
Property Size2,500 SF
Days on Market176

Property Features for 501 Southampton Rd

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,200

Building Details

Building Size 2,500 SF
Year Built 2012
Listing Agency: Park Square Realty
Listed By: Timothy Coughlen · License #452503807
Source: Elliman
Added: Mar 10 Changed: Aug 31 Last Checked: Aug 31 at 4:21PM

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 second-floor space, ranging from 2,200 to 2,800 square feet depending on the build-out, offers great visibility and easy access to the Mass Pike. The wide-open layout presents a blank canvas for various business needs. It could be suitable for a yoga or dance studio, or a spinning class area.

Key Highlights

  • Easy access to Mass Pike.
  • Wide open space suitable for various business types.
  • Potential for yoga/dance studio or spinning class.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Hair Salon Storage Facility Spa & Massage Center Garden Center Kitchen & Bath Showroom

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
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

153
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

Market

Lease Benchmarks for Westfield, MA

$16.16 /SF/Yr
Avg Asking Price
$8–$27.27 /SF/Yr
Price Range
5,310 SF
Avg Space Size

This space is priced 32% below the average of $16.16 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Adaptable 2,200-2,800 SF space with Mass Pike access.
Where is this office units located?
The property is located at 501 Southampton Rd Westfield, MA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Easy access to Mass Pike.; Wide open space suitable for various business types.; Potential for yoga/dance studio or spinning class.
More about this property
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