442 Westfield St 6,636 SF 100% Leased Office Building West Springfield, MA 01089 $1,200,000 ($180.83/SF) 8% Cap Rate

This property consists of a single parcel divided into two distinct subdivisions which were merged in 2023. The property accessed from Westfield Street if 18,182.11 square feet and is improved with a two level commercial office building comprising of a total of 6.636 Square feet of office space and an ample parking paved parking lot. The contiguous undeveloped remaining parcel is comprised of 19,716.57 square feet with frontage of 74 feet on Burke Street. The total acreage is approximately .89 acres. The façade of the building is improved with brick and has been impeccably maintained and appears in excellent condition with minimally deferred maintenance. Records indicate a complete interior renovation which modernized all electric, floors, ceilings, bathrooms and flooring in 2013. The interior is immaculate and designed for high-tech work with open area and reception on first floor with offices, meeting rooms and offices on second floor. In 2016 a new roof was installed and well within its useful life. The building represents zero deferred maintenance to any buyer.
The property’s overall utility appears best suited for a combination of service and professional office, which is the purpose it was constructed for. Overall, the building and structure are in excellent condition with a roof well withing its life cycle. The building is ideal for today’s service and retail distribution.