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53-55 Elm Street

Westfield, MA 01085
  • $699,900
  • STATUS: Active
  • MLS #: 73137659
UPDATED: 179 min ago
$699,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1890
County:

School Ratings & Info

Listing courtesy of Lisa Oleksak-Sullivan of Coldwell Banker Realty - Western MA.

Description

Current Sales Volume $600,000 - 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 new HVAC system & windows. Don't let this TURN KEY opportunity slip away, Both building and business are being sold together. Seller wants Offers!

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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. Data last updated 2024-05-29T22:09:26.677.
www.welchmanrealestate.com/homes/141590890
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53-55 Elm Street Westfield, MA 01085

  • Price: $699,900
  • Status: Active
  • On Site: Days
  • Updated: 179 min ago
  • MLS #: 73137659
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1890
Built
County:
Hampden
Property Description
Current Sales Volume $600,000 - 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 new HVAC system & windows. Don't let this TURN KEY opportunity slip away, Both building and business are being sold together. Seller wants Offers!
Exterior Features

Parking Total 10 Waterfront YN No

Property Features

Association YN No Business Type Commercial Buyer Agency Compensation 2 Disclosures Inventory not included in pricewill be determined at time of sale. See attached information regarding Liquor & Lottery Licenses. 21E on file. SF breakdown approx between retail & residential space. See attachments to listing - Note financials are based on absentee owner run business. Gross Income 582828 Home Warranty YN No Net Operating Income 93686 Operating Expense 489141 Senior Community YN No Tax Annual Amount 5378.8 Tax Year 2024 Transaction Broker Compensation 1 Utilities Public WaterPublic SewerNatural Gas Available Zoning 0000

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Lisa Oleksak-Sullivan of Coldwell Banker Realty - Western MA: 413-567-8931.


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. Data last updated 2024-05-29T22:09:26.677.
 
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Listing courtesy of Lisa Oleksak-Sullivan of Coldwell Banker Realty - Western MA.