Property profile

241 Westfield St Agawam, MA 01030

OFF-MARKET
Office Spaces
5,500 SF Built 2009
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Property summary

AI-generated overview

This exceptional 3,000 square foot medical office space is situated in a Class B building at 241 South Westfield Street, Agawam, MA 01030. Built in 2009, the property boasts a total of 5,500 square feet, with 3,000 square feet currently available for lease. The space is ideally suited for medical practices and features a reception/waiting area, six private offices or examination rooms, and an employee breakroom. Additional basement storage space is also included. The building is well-maintained and in excellent condition. Ample on-site parking is available, including several handicapped-accessible spaces. This highly visible location benefits from a daily traffic count of 15,492 vehicles, offering excellent accessibility and exposure. The property is conveniently located adjacent to a Westfield Bank branch and a Family Dollar store, providing added convenience and foot traffic. Its proximity to the Route 57 ramp in Feeding Hills ensures easy access to Interstate 91 and the Massachusetts/Connecticut state line. The property is a multi-tenant building within Hampden County. This is a fantastic opportunity for a medical practice seeking a well-appointed and conveniently located space.

Property profile

Verified
Property type Office Spaces
Year built 2009
Total area 5,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

241 Westfield St Agawam, MA 01030
Agawam metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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