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    Westfield, MA
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    Westfield, MA Shopping Centers for Sale

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    Southwick, MA West Springfield, MA Southampton, MA Feeding Hills, MA Holyoke, MA Springfield, MA Chicopee, MA Montgomery, MA
    Six-Unit Downtown Shopping Center
    Updated: Aug 26
    Six-Unit Downtown Shopping Center

    48 Elm Street, Westfield, MA 01085

    Contact for pricing
    11,347 sqft
    11,347 SF commercial building
    Six individual commercial units
    Built in 1931
    BA zoning
    48 Elm Street location in Westfield’s Gaslight District
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Westfield, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multi-Unit Shopping Center For Sale
    Multi-Unit Shopping Center For Sale

    Feeding Hills, MA 01030

    $2,500,000
    8,427 sqft 1.34 AC lot

    Six-unit shopping center with additional office building in Agawam, MA.

    View details
    Six-Unit Shopping Center For Sale
    Six-Unit Shopping Center For Sale

    Feeding Hills, MA 01030

    $2,500,000
    1.34 AC lot

    Six-unit shopping center with additional office building in high-traffic location.

    View details
    Fully Occupied Retail Center
    Fully Occupied Retail Center

    1464 Riverdale St, West Springfield, MA 01089

    Contact for pricing
    38,014 sqft 3.09 AC lot

    Three-building shopping center with ten suites and predominantly NNN lease structures.

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    High-Visibility Retail Center
    High-Visibility Retail Center

    1399 Westfield St, West Springfield, MA 01089

    Contact for pricing

    Two single-story retail buildings offer multiple suites and ample on-site parking along Route 20.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Five Acre Commercial Corner
    Five Acre Commercial Corner

    214 Feeding Hills Rd, Southwick, MA 01077

    $851,000
    5.00 AC lot

    Commercial land with development potential on a corner lot.

    View details

    Off-Market Properties in Westfield, MA

    Consider similar Off-Market properties in Westfield, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    53 Southwick Rd
    REGIONAL SHOPPING CENTER, MALL

    53 Southwick Rd, Westfield, MA 01085-4729

    $2,500,000
    Estimated value
    21,284 sqft 1.20 AC lot
    View details
    587 Main St
    REGIONAL SHOPPING CENTER, MALL

    587 Main St, Westfield, MA 01085-3324

    $1,195,000
    Estimated value
    56,853 sqft 5.42 AC lot
    View details
    1029 Nn Rd
    REGIONAL SHOPPING CENTER, MALL

    1029 Nn Rd, Westfield, MA 01085-9711

    $825,000
    Estimated value
    57,197 sqft 12.46 AC lot
    View details
    311 Main St
    REGIONAL SHOPPING CENTER, MALL

    311 Main St, Westfield, MA 01085-3307

    $365,000
    Estimated value
    6,435 sqft 4.20 AC lot
    View details

    Westfield, MA Shopping Centers Market Trends and Statistics

    Explore 5 shopping centers for sale in Westfield, MA on our real estate platform. These investment opportunities span a total of 11,347 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 3
    Storefront properties 3
    Banks 2
    Automotive properties 1
    Gas stations 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) -1.1%
    Median Household Income $83,821
    College Educated 22.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.07%
    Property Tax per SF $57.14 per SF
    Tax Rate vs County Average 0.19 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hampden County

    New Delisted

    Total CRE Inventory on Market (SF)

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