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57 Main St
Westfield, MA 01085 Downtown Westfield

$9,327,170 USD

Supermarket For Sale  •  66,272 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 66,272 SF
  • Lot Size 6.62 AC
  • Building Class B
  • Year Built 2000
  • Cap Rate 6.75 %
  • Tenancy Single
30 Transit Score
60 Walk Score

Highlights

Stop & Shop has successfully operated at this location since 2000, making it a true generational grocery asset.
The tenant exercised its renewal option in 2024, extending the lease through September 2030. There are 4 additional, 5-year options remaining.
The lease is corporately guaranteed by Ahold Delhaize (BBB+/Baa1), one of the largest grocery operators in the world.
Positioned at the primary retail arterial connecting Main and Broad Streets. The site commands strong visibility in the heart of downtown Westfield.
Ownership has invested over $550,000 in major improvements, including a full roof replacement with a warranty in place until March 2040 and parking.
Westfield serves as a stable Springfield area community with over 40,000 residents and household incomes exceeding $100,000.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Stop & Shop 66,272 SF 9/30/2030

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Springfield (Hartford Line - CONN DOT) 17 min - 9.0 mi
AirportDriveWalkDistance
Bradley International 39 min - 18.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Dan Coyle 615-235-3548 Sands Investment Group
Dan Coyle 615-235-3548 Sands Investment Group