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    475 Main St Westfield, MA 01085

    For Lease
    Contact for pricing

    Prime Retail Space in Westfield, MA

    Lot size:
    17,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Westfield Shops presents a unique opportunity for businesses seeking high-visibility retail space in a thriving market. Located in Westfield, Massachusetts, this dominant shopping center enjoys a prime location just 15 miles west of Springfield and 40 miles north of Hartford. The center benefits from its position within an affluent and educated community, boasting a strong public school system and the presence of Westfield State University. This translates to a robust customer base with significant spending power. Currently, three retail spaces are available, ranging in size from 3,400 square feet to 9,500 square feet, offering flexibility for various business needs. The center itself features a diverse tenant mix, including strong anchor stores, fitness centers, entertainment venues, restaurants, and service providers, creating a vibrant and attractive shopping environment. Westfield Shops offers unparalleled access and visibility, ensuring maximum exposure for your business. This is an exceptional opportunity to establish or expand your retail presence in a highly desirable location with a proven track record of success. The multiple tenancy structure provides a dynamic and collaborative atmosphere. The property is categorized as retail, specifically encompassing retail and restaurant uses. The property is situated in Hampden County.

    Property Features for 475 Main St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,900 SF

    Unit(s) available at that property

    Space
    3,400 SF
    Size
    3,400 SF
    Space
    9,500 SF
    Size
    9,500 SF
    Space
    5,000 SF
    Size
    5,000 SF

    HighLights

    • Retail property in Westfield, MA with three available spaces ranging from 3,400 to 9,500 square feet.
    • Dominant shopping center in its trade area with high visibility and accessibility.
    • Located in an affluent community with strong schools and a university, 15 miles west of Springfield and 40 miles north of Hartford.
    • Anchored by a mix of fitness, entertainment, restaurant, and service tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Department Store Garden Center Daycare Center Veterinary Clinic Plumbing Service Pet Store Carpet & Flooring Store Nursing Home Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Westfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.7231548
    Latitude
    42.1116811

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space in Westfield, MA
    Where is this restaurant located?
    The property is located at 475 Main St Westfield, MA.
    What are key features of this property?
    This property features: Retail property in Westfield, MA with three available spaces ranging from 3,400 to 9,500 square feet.; Dominant shopping center in its trade area with high visibility and accessibility.; Located in an affluent community with strong schools and a university, 15 miles west of Springfield and 40 miles north of Hartford.
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    475 Main St Westfield, MA 01085
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    475 Main St Westfield, MA 01085
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