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8-16 Chestnut St # 16, West Springfield, MA 01089

Open-layout space with dedicated parking and immediate occupancy at the Chestnut Street and Westfield Street intersection.

Property Size620 SF
Price / SF$1.45
Days on Market2

Property Features for 8-16 Chestnut St # 16

General Information

Standard status Active
Size 620 SF
Total Parking Spaces 2
Property subtype Commercial
Lease Type NNN

Taxes and HOA fees

Annual Taxes $19,886

Building Details

Building Size 620 SF
Year Built 1984
Listing Agency: RE/MAX Partners
Listed By: Chris Bernier
Source: Churchillprop
Added: Sep 13 Last Checked: Sep 14 at 6:35AM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This 620-square-foot mixed-use commercial unit provides an open interior that can be configured for business operations. The space includes one restroom and two dedicated parking spaces, with immediate occupancy available. Built in 1984, the unit sits at the intersection of Chestnut Street and Westfield Street in West Springfield.

Key Highlights

  • 620‑square‑foot mixed‑use commercial unit
  • Open interior layout suitable for business customization
  • One restroom included

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Daycare Center Cafe & Coffee Shop Carpet & Flooring Store (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture

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

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
Dunkin' Donuts Dining
12,565 visits/mo 0.4 miles
Sunoco Shops & Services
6,468 visits/mo 0.2 miles
Mobil Shops & Services
1,412 visits/mo 0.3 miles

Demographics for 01089, MA

28,835
Population
13,095
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
91%
High-School Grad
16.7 sq mi
ZIP Area
1,727
Density / Sq Mi
$70,401
Median Household Income
$43,186
Median Earnings
$1,121
Median Rent
$307,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - Open-layout space with dedicated parking and immediate occupancy at the Chestnut Street and Westfield Street intersection.
Where is this mixed-use property located?
The property is located at 8-16 Chestnut St # 16 West Springfield, MA.
What are key features of this property?
This property features: 620‑square‑foot mixed‑use commercial unit; Open interior layout suitable for business customization; One restroom included
More about this property
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