201 Westfield StWest Springfield, MA 01089

For Sale
$865,000

Multi-Tenant Retail Building, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional multi-tenant retail property, located at 201 Westfield Street in West Springfield, Massachusetts, offers 5,240 square feet of versatile space on a half-acre lot. Built in 1975 and renovated in 2005, the two-story building boasts a unique blend of retail and warehouse space, ideal for a variety of uses. The rear of the building features a clear-span layout with high ceilings and large windows (formerly overhead doors), providing ample natural light. This area is perfect for warehouse or light industrial operations. The front of the building offers two floors of office space, suitable for administrative functions or an owner-occupier seeking a combined retail/office setup. Currently operating at 100% occupancy with three units, this property presents a strong investment opportunity. The building is zoned BA and is conveniently located within walking distance of downtown West Springfield and a short drive to downtown Springfield. The asking price is $865,000, translating to $165.08 per square foot. This property presents a rare opportunity to acquire a well-maintained, multi-use building in a desirable location. The property's flexible layout and prime location make it an attractive option for a variety of businesses. The existing tenancy provides immediate income potential, while the versatile space allows for future expansion or adaptation to changing market demands. This is a unique opportunity to own a substantial commercial property in a thriving area.

Highlights

  • 5,240 SF multi-tenant retail building on a half-acre lot in West Springfield, MA.
  • Two-story building with retail and warehouse space, built in 1975, renovated in 2005.
  • Clear-span warehouse area with high ceilings and ample natural light in the rear.
  • Two floors of office space in the front, ideal for owner-occupancy or administrative functions.
  • 100% occupancy with three tenants, asking price $865,000 ($165.08/SF).

Property Details for 201 Westfield St

Property type
Other retail properties, Individual retail properties
Square Feet
5,240 SF
Year Built/Renovated
1975/2005
Stories
2
Units
3

Location Insight

City
West Springfield
County
Hampden
State
Massachusetts
Latitude
42.105967854953
Longitude
-72.626470747076
201 Westfield St, West Springfield, Massachusetts
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201 Westfield St
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