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53-55 Elm Street Westfield MA 01085 MLS #73137659

There are multiple listings for this address:
53-55 Elm Street
Westfield, MA 01085
$699,900
Beds
0 Baths
0 SqFt

Date Available
Add
Add
$699,900
Westfield, MA, 01085
Current Sales Volume $545,000 – Investors looking for a meticulously maintained MIXED USE BUILDING with a successfully run RETAIL BUSINESS for over 75 years 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 (zoned commercial/buildable). Spacious apartment above retail space can be rented at $15,600/yr and has newer HVAC system & windows. Don’t let this TURN KEY opportunity slip away, Both building and business are being sold together. Seller wants Offers!

Property Details

Price:
$699,900
MLS #:
73137659
Status:
Active
Beds:
0
Baths:
0
Address:
53-55 Elm Street
Type:
Commercial
City:
Westfield
Listed Date:
Jul 18, 2023
State:
MA
ZIP:
01085
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1890

Schools

Interior

Exterior

Parking Spots
10

Financial

Buyer Agent Compensation
2%
Net Operating Income
$93,686
Tax Year
2024
Taxes
$5,379
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53-55 Elm Street
Westfield, MA
53-55 Elm Street
Westfield, MA 01085
$450,000
Beds
0 Baths
SqFt

Date Available
Add
Add
$450,000
Westfield, MA, 01085
Current Sales Volume $545,000 – Investors looking for a meticulously maintained MIXED USE BUILDING with a successfully run RETAIL BUSINESS for over 75 years 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 (zoned commercial/buildable). Spacious apartment above retail space can be rented at $15,600/yr and has newer HVAC system & windows. Don’t let this TURN KEY opportunity slip away, Both building and business are being sold together. Seller wants Offers!

Property Details

Price:
$450,000
MLS #:
73239254
Status:
Active
Beds:
0
Baths:
0
Address:
53-55 Elm Street
Type:
Commercial
City:
Westfield
Listed Date:
May 16, 2024
State:
MA
ZIP:
01085
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1890

Schools

Interior

Exterior

Parking Spots
10

Financial

Buyer Agent Compensation
2%
Net Operating Income
$93,686
Tax Year
2024
Taxes
$5,379
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Map