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You are here:
Home Massachusetts Westfield Commercial Properties for Sale

53-55 Elm Street Westfield, MA 01085

643 Days on Boston Pads
Price Reduced $25,000
36 Photos
$750,000
Type: Commercial
Lease Type N/A
SQFT: N/A
Restrooms: N/A
Parking: N/A
53-55 Elm Street
Westfield, MA 01085

Property Description

MOTIVATED SELLER - Investors looking for a meticulously maintained MIXED USE BUILDING with a successfully run RETAIL BUSINESS for over 75 years (formerly The Tobacco Barn) located in the heart of DOWNTOWN Westfield, THIS is the opportunity you have been waiting for! Plenty of visibility, located on a highly traveled main street with lots of foot traffic to draw in tons of business. Retail space features a beautiful tin ceiling, 18 camera security system, C/Air, 14-Door Cooler, Separate cooler room, all equipment and antiques, 1/2 Bath, plenty of storage in back room. clean/dry and organized basement and separate detached storage room as well. Plenty of parking with attached lot for approx 10 off street spaces included with sale. Spacious apartment above retail space currently rented at $15,600/yr and has new HVAC system & windows. Don't let this TURN KEY opportunity slip away, Both building and business are being sold together OR SEPARATELY.

Property Overview

Property Details click or tap to expand

Property Information

  • Type: Commercial
  • Location: Legal Conforming
  • MLS ID#: 73072763

Financial

  • Gross Annual Expenses: 544577
  • Gross Annual Income: 592575
  • Net Operating Income: 47998

Construction & Utilities

  • Utilities: Natural Gas, Public Sewer, Public Water

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/28/2024Under Agreement$699,900MLSPIN
09/14/2024Contingent$699,900MLSPIN
08/01/2024Expired$450,000MLSPIN
05/20/2024Active$450,000MLSPIN
05/16/2024New$450,000MLSPIN
05/12/2024Active$699,900MLSPIN
05/08/2024Back on Market$699,900MLSPIN
03/08/2024Under Agreement$699,900MLSPIN
12/15/2023Active$699,900MLSPIN
12/11/2023Extended$699,900MLSPIN
07/22/2023Active$699,900MLSPIN
07/18/2023New$699,900MLSPIN
05/28/2023Active$750,000MLSPIN
05/24/2023Price Change$750,000MLSPIN
01/27/2023Active$775,000MLSPIN
01/23/2023New$775,000MLSPIN

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Map & Resources

St Mary's Parish School - Secondary

Private School, Grades: 9-12

0.29mi

St Mary's Parish School - Elementary

Private School, Grades: PK-8

0.33mi

Fort Meadow Early Childhood Center

Public Elementary School, Grades: PK

0.39mi

Parkside Academy

Public School, Grades: 4-8

0.51mi

Abner Gibbs School

Public Elementary School, Grades: K-4

0.54mi

Franklin Ave School

Public Elementary School, Grades: K-4

0.56mi

Westfield Technical Academy

Public Secondary School, Grades: 9-12

0.58mi

Westfield Middle School

Public Middle School, Grades: 7-8

0.65mi

City Hotel

Bar

0.11mi

Hutghi's at the Nook

Bar

0.18mi

Whip City Brew

Bar

1.2mi

Crave Cafe

Cafe

0.09mi

Circuit Coffee

Coffee Shop

0.1mi

Starbucks

Coffee Shop

1.28mi

Starbucks

Coffee Shop

1.62mi

En3rgy Up

Juice (Fast Food)

0.09mi

VCA Animal Hospital

Veterinary

1.86mi

Groomtastic Pet Salon

Pet Grooming

0.06mi

Westfield Fire Department

Fire Station

0.23mi

North Fire Station #3

Fire Station

1.87mi

Westfield Fire Department - Station 2

Fire Station

2.28mi

Westfield Police Department

Local Police

0.05mi

State Police Westfield

State Police

2.02mi

Public Safety Complex

Police

2.24mi

Baystate Noble Hospital

Hospital

0.44mi

Western Massachusetts Hospital

Hospital

2.64mi

Westfield School of Music

Music Venue

0.45mi

Amelia Park Children's Museum

Museum

0.71mi

Alumni Field

Stadium. Sports: Soccer, American Football, Lacrosse, Field Hockey, Athletics

1.9mi

Woodward Center

Stadium

1.94mi

YMCA of Greater Westfield

Fitness Centre. Sports: Swimming, Fitness, Gymnastics

0.24mi

Anytime Fitness

Fitness Centre

1.47mi

Bullens Field

Sports Centre. Sports: Baseball

0.67mi

Westfield Sportsman's Club

Sports Centre. Sports: Shooting

1.68mi

Alumni Field

Sports Centre. Sports: Soccer, American Football, Field Hockey, Lacrosse

1.93mi

John M. Hansen Tennis Courts

Sports Centre. Sports: Tennis

2.02mi

Elm Street Plaza

Park

0.07mi

Park Square

Municipal Park

0.12mi

General Shepard Park

Municipal Park

0.17mi

White Street Pocket Park

Park

0.38mi

Allen Park

Municipal Park

0.41mi

Wojtkiewicz Park

Municipal Park

0.43mi

Whitney Park

Municipal Park

0.47mi

Elizabeth Parker Park

Municipal Park

0.47mi

Traffic Island

Recreation Ground

0.96mi

Little River Playground

Recreation Ground

2.24mi

Tekoa Country Club

Golf Course

1.44mi

Shaker Farms Country Club

Golf Course

2.14mi

Children's Playscape

Playground

1.96mi

Shoe Repair and Alterations

Shoe Repair

0.09mi

Stay & Play Laundromat

Laundry

0.25mi

YMCA Child Care

Childcare

0.27mi

Laundry Central

Laundry

0.38mi

Boho Hair Studio

Hairdresser

0.05mi

HONEY hair & beauty

Hairdresser

0.06mi

Jack's Barber Shop

Hairdresser

0.07mi

Gaslight Barbers

Hairdresser

0.11mi

TJ Maxx

Department Store

1.18mi

Family Dollar

Variety Store

0.22mi

Ocean State Job Lot

Variety Store

1.29mi

Dollar Tree

Variety Store

1.37mi

Rent-A-Center

Furniture

1.23mi

CVS Pharmacy

Pharmacy

0.2mi

Polish Market

Convenience

0.38mi

J J's Variety

Convenience

1.32mi

Seller's Representative: Lisa Oleksak-Sullivan, Coldwell Banker Realty - Western MA
MLS ID#: 73072763

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-05-30 16:13:00