182-184 Southampton Rd, Westfield, MA 01085
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.