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287 N Elm St 3,000 SF Retail Building Westfield, MA 01085 $700,000 ($233.33/SF)
EXECUTIVE SUMMARY
The Whip is a fully operational, turn-key bar and restaurant located in a prime high-traffic area of Westfield, MA. A well-known local favorite for decades, this established business has been under the same ownership for more than 20 years and is a staple in the community, known for its welcoming atmosphere, loyal customer base, and great location. Situated in a high-traffic area with excellent visibility, The Whip is primed for continued success. The building features major recent upgrades including a new roof and furnaces (just over a year old), a newer beer cooler, and a new Ansul system in the kitchen—allowing a new owner to step in with confidence.All equipment, furnishings, and licenses are included, making this an ideal opportunity for anyone looking to own a thriving bar with deep roots in the community. Whether you're expanding your portfolio or launching your first venture, The Whip is ready for you.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
C
Year Built
1960
Price
$700,000
Price Per SF
$233.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Zoning
Commercial - zoned for commercial use, accommodating a range of business activities such as retail, office, and service establishments in a high-traffic area.
Parking
25 Spaces (8.33 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signage
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Whip City Brew
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Whip City Brew | Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | WFLD-000230-000000-000001 | Improvements Assessment | $157,500 |
| Land Assessment | $82,000 | Total Assessment | $239,500 |
PROPERTY TAXES
Parcel Number
WFLD-000230-000000-000001
Land Assessment
$82,000
Improvements Assessment
$157,500
Total Assessment
$239,500
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287 N Elm St
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