Retail Space with Open
New
For Lease
$900/Mo
8-16 Chestnut St 16, West Springfield, MA 01089
A compact commercial unit includes a restroom and two dedicated parking spaces.
Space Size620 SF
Days on Market2
Property Features for 8-16 Chestnut St 16
General Information
Standard status
Active
Size
620 SF
Net Rentable
620 SF
Total Parking Spaces
2
Property subtype
Commercial
Space & Availability
Available Space
620 SF
Contiguous Space
620 SF
Available From
Immediate
Additional Details
Lease Term
36 months
Taxes and HOA fees
Annual Taxes
$19,886
Amenities
restroom
Building Details
Building Size
620 SF
Year Built
1984
Listing Agency:
Keller Williams Realty
Listed By:
Carrie A. Blair · License #9090596
(413) 210-6465
Source:
Elliman
Added: Oct 30
Last Checked: Oct 30 at 2:15PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This retail unit offers approximately 620 square feet in an open-plan configuration, with one restroom and two dedicated parking spaces. The building was constructed in 1984, and the space is available for immediate occupancy.
The property is at the Chestnut Street and Westfield Street intersection in West Springfield. Walk Score is 62, Bike Score is 41, and Transit Score is 30.
The property is at the Chestnut Street and Westfield Street intersection in West Springfield. Walk Score is 62, Bike Score is 41, and Transit Score is 30.
Key Highlights
- Approximately 620 square feet of retail space
- Open floor plan
- One restroom and two dedicated parking spaces
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.61 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for West Springfield, MA
$17.78 /SF/Yr
Avg Asking Price
$15.09–$21.6 /SF/Yr
Price Range
1,249 SF
Avg Space Size
This space is priced 2% below the average of $17.78 /SF/Yr.
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A compact commercial unit includes a restroom and two dedicated parking spaces.
Where is this retail space located?
The property is located at 8-16 Chestnut St 16 West Springfield, MA.
What is the lease rate?
The lease rate is $900/Mo.
What are key features of this property?
This property features: Approximately 620 square feet of retail space; Open floor plan; One restroom and two dedicated parking spaces
