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Property profile & analytics

201 Westfield St West Springfield, MA 01089-2587

  • Office buildings
  • 5,240 SF
  • 0.54 lot acres
OFF-MARKET
Value Estimation
$280,000
Location Intelligence
Property ID
US38-1339032
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Newman Sewing Machine & Supply / Sewing Machine Store / Sewing Machine Repair Service
  • Metamorphosis Massage / Massage Therapist
  • Remington Real Estate Solutions LLC / Real Estate Consultant
  • Western Mass Hypnosis Center / Hypnotherapy Service
  • Mantis Innovation / Building Consultant / Energy Equipment And Solutions

Property Details for 201 Westfield St

Year built
1975
Construction
FRAME
Lot size
0.54 lot acres
Property size
5,240 SF
Property type
Office buildings
APN
WSPR M:00394 B:06700 L:00042
APU
WSPRM00394B06700L00042

Description

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.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $275,000
  • CAP approach

    CAP return
    Estimation
    6%
    $250,000
    6.5%
    $250,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $255,000
    Geo Method
    $310,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $270,000
    Retail
    $255,000
    Mixed-Use
    $270,000
    Hospitality
    $285,000
    Educational
    $300,000
    Residential Income
    $305,000
    Energy
    $330,000
    Income-Based Land
    $245,000
    Food Service
    $250,000

Location Insight

  • Map
  • Local Demand
City
West Springfield
County
Hampden
State
Massachusetts
Longitude
-72.6263
Latitude
42.1056
CBSA code
44140
CBSA name
SPRINGFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,882
$116,800
$214,800
$331,600
-
$0.00
$0.00
$0.00
More about this property
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