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    OFF-MARKET
    Day care centers

    182-184 Southampton Rd, Westfield, MA 01085

    8,400 SF 1.15 ac lot Built 1968
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,400-square-foot retail property, located at 182-184 Southampton Road in Westfield, Massachusetts, presents a unique investment opportunity. Situated on a 1.15-acre lot, this 1968-built building boasts 6,605 square feet of first-floor space and an additional 1,795 square feet of usable lower-level space. Previously operating as a licensed daycare center with capacity for 112 students, the property is currently vacant and in turnkey condition, ideal for a similar use. However, its versatile layout also lends itself to various other applications, including professional offices, medical offices, or other educational facilities. The property enjoys high visibility, with 21,084 vehicles passing daily (2019 data), and benefits from ample on-site parking for 55 vehicles and the availability of pylon signage. The asking price for this well-maintained property is $949,000. Located in Hampden County, Westfield, MA, zip code 01085, this property offers significant potential for a variety of businesses. Its size, location, and existing infrastructure make it an attractive option for investors seeking a strong return. The property's previous use as a daycare center provides a solid foundation for a similar venture, while its adaptability opens doors to a range of alternative uses. The ample parking and high visibility further enhance its appeal. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Day care centers
    Year built 1968
    Total area 8,400 SF
    Lot 1.15 ac (50,094 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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