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Property profile

29 School St Westfield, MA 01085

FOR SALE
Turn key restaurants
Property ID
US38-0123455
18,460 SF 0.35 ac lot Built 1880
Last sale Oct 2008 · $640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
29 School St, Westfield, MA 01085 For Sale 1 / 13
Contact for pricing 18,460 SF
29 School St, Westfield, MA 01085
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$737k
Assessed land$55k
Assessed improvement$681k
Effective rate3.14%

Value estimate

· Oct 2026
$485k
$437k – $534k
AI approach$485k
Submarket $/SF estimate$805k
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$10k
Operating expenses−$42k
NOI · 8.96% cap applied$99k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$134/SF
County average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$44 – $249

Cap rate analysis

How does the asset earn?
8.96%
$99k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.0
Dry Cleaner8.8
Watch Repair Shop8.7

Location

29 School St Westfield, MA 01085
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
53 Southwick, Westfield, MA 01085-4729 $2,500,000 Nov 2024 21,284 SF
68 Mainline, Westfield, MA 01085-3314 $450,000 Jan 2024 10,000 SF
67 Mainline, Westfield, MA 01085-3313 $700,000 Oct 2023 15,420 SF
30 Medieros, Westfield, MA 01085-9777 $950,000 Oct 2023 11,900 SF
555 Southampton, Westfield, MA 01085-1329 $750,000 Sep 2023 24,986 SF
66 Westfield Industrial Park, Westfield, MA 01085-1626 $400,000 Aug 2023 11,892 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $540,000
    19,000 SF
    11 Mainline Dr
    SHOW ROOM, WAREHOUSE
    11 Mainline Dr, Westfield, MA 01085-3313
    View Details
  • Value Estimation
    $2,750,000
    22,500 SF
    57 Un St
    SHOW ROOM, WAREHOUSE
    57 Un St, Westfield, MA 01085-2658
    View Details
  • Value Estimation
    $1,505,000
    26,473 SF
    485 Main St
    DEPARTMENT STORE
    485 Main St, Westfield, MA 01085-3312
    View Details
  • Value Estimation
    $990,000
    34,815 SF
    575 Nn Rd
    SHOW ROOM, WAREHOUSE
    575 Nn Rd, Westfield, MA 01085-5167
    View Details
  • Value Estimation
    $1,245,000
    43,432 SF
    77 Westfield Industrial Park Rd
    SHOW ROOM, WAREHOUSE
    77 Westfield Industrial Park Rd, Westfield, MA 01085-1627
    View Details
  • Value Estimation
    $150,000
    4,620 SF
    1110 Southampton Rd
    DEPARTMENT STORE
    1110 Southampton Rd, Westfield, MA 01085-1335
    View Details

Similar Nearby for Sale

  • Contact for pricing
    11,347 SF
    Six-Unit Downtown Shopping Center
    Brick commercial building with multiple suites and public parking access in a walkable historic commercial district.
    48 Elm Street, Westfield, MA 01085
    View Details
  • Contact for pricing
    5,400 SF
    Historic Building in Downtown Westfield
    Historic 5,812 SF mixed-use building in high-visibility downtown location.
    285 Elm St, Westfield, MA 01085
    View Details
  • Contact for pricing
    66,272 SF
    Long-Term Grocery Lease Retail Asset
    Stop & Shop has operated for over 25 years and the lease provides 4+ years remaining with multiple 5-year options.
    57 Main St, Westfield, MA 01085
    View Details
  • Contact for pricing
    1,798 SF
    First-Floor Restaurant Space
    First-floor space with existing restaurant infrastructure and mixed-use zoning for food-service or other commercial concepts.
    205 Elm St, Westfield, MA 01085
    View Details
  • New
    Contact for pricing
    1,250 SF
    Medical-Ready Retail Office Space
    New 1,250 SF space suited for medical use, with build-out flexibility and easy access to major regional routes.
    212 Southampton Road, Westfield, MA 01085
    View Details
  • New
    Contact for pricing
    1,200 SF
    Storefront with Private Office
    A food-preparation sink, basement storage, and air conditioning serve a range of business layouts.
    40 Elm Street, Westfield, MA 01085
    View Details

Similar Nearby for Lease

  • New
    $1,600/Mo
    1,200 sqft
    Storefront with Private Office
    A downtown commercial space includes a dedicated office, substantial storage, and a three-compartment sink.
    40 Elm Street, Westfield, MA 01085
    View Details
  • $800/Mo
    1,006 sqft
    Flex Space Suite with Dedicated Entrance
    Flex space suite with an open layout, dedicated entrance, and ample parking along College Highway.
    526 College Hwy, #3, Southwick, MA 01085
    View Details
  • $1,500/Mo
    New ATM Location Available
    New ATM location alongside Dunkin' on Routes 10/202.
    230 Southampton Rd, Westfield, MA 01085
    View Details
  • New
    Contact for pricing
    Grocery-Anchored Shopping Center Space
    Retail spaces available within a grocery-anchored shopping center.
    5 E Silver St, Westfield, MA 01085
    View Details
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