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You are here:
Home Massachusetts Westfield Businesses for Sale

53 Elm Street Westfield, MA 01085

465 Days on Boston Pads
Price Reduced $25,000
14 Photos
$325,000
Type: Retail/Wholesale
Org Type: N/A
3600 Bldg. SQFT
1 Restroom
53 Elm Street
Westfield, MA 01085

Property Description

MOTIVATED SELLER - Investors looking for 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. Don't let this TURN KEY opportunity slip away, Both building and business can be purchased together for $775,000.

Property Overview

Property Details click or tap to expand

Business Information

  • Special Licanses: Yes

Financial Information

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

Building & Lot Information

  • Restrooms: 1
  • Utilities: Public Sewer, Public Water
  • Last Updated: 05/30/23

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/01/2024Expired$299,900$83MLSPIN
03/08/2024Temporarily Withdrawn$299,900$83MLSPIN
12/15/2023Active$299,900$83MLSPIN
12/11/2023Extended$299,900$83MLSPIN
07/22/2023Active$299,900$83MLSPIN
07/18/2023New$299,900$83MLSPIN
05/28/2023Active$325,000$90MLSPIN
05/24/2023Price Change$325,000$90MLSPIN
01/27/2023Active$350,000$97MLSPIN
01/23/2023New$350,000$97MLSPIN
01/01/2023Expired$825,000MLSPIN
01/01/2023Expired$825,000$229MLSPIN
10/04/2022Active$825,000$229MLSPIN
10/04/2022Active$825,000MLSPIN
09/30/2022Extended$825,000MLSPIN
09/30/2022Extended$825,000$229MLSPIN
06/13/2022Active$975,000$271MLSPIN
06/13/2022Active$825,000$229MLSPIN
06/13/2022Active$825,000$229MLSPIN
06/09/2022New$975,000$271MLSPIN
05/23/2022Active$825,000MLSPIN
05/23/2022Active$825,000MLSPIN
05/23/2022Active$975,000MLSPIN
05/19/2022New$975,000MLSPIN

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Map & Resources

Seller's Representative: Lisa Oleksak-Sullivan, Coldwell Banker Realty - Western MA
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 1
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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