287 N Elm St Westfield — Photo 1 of 25
$700,000
Investment Analysis — 287 N Elm St
Westfield, MA 01085
Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a home in 01085 carries an estimated $1,150/mo in gross rent — about a 0.30% cap rate and $2,088/yr in estimated NOI at the $700,000 list price. Adjust every assumption in the calculator below.
Beds
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Style
Other
Built
2000
Turn-key business and real estate package available for sale. Known as The Whip, this bar and restaurant has operated continuously since 2000 and is offered with property and business assets. The property features prominent frontage on US Rt. 202 seconds from I-90, minutes from Westfield State University, and surrounded by various manufacturers. Improvements include a full-service commercial kitchen with pizza oven, walk-in food cooler, walk-in beer cooler, walk-in freezer, 12-line draft tap system, pool tables, on-site ATM, and a large outdoor deck with heaters, televisions, and a projector. The well-established name and business boasts a loyal customer base with significant potential for continued growth.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$700,000
Apr 21, 2026
MLS® 73505599
$700,000
Jan 31, 2026
MLS® 73411184
$700,000
Jan 31, 2026
MLS® 73411185
$700,000
Jul 30, 2025
MLS® 73411184
$700,000
Jul 30, 2025
MLS® 73411185
$749,900
Mar 16, 2025
MLS® 73290554
$749,900
Mar 16, 2025
MLS® 73290552
$749,900
Sep 16, 2024
MLS® 73290554
$749,900
Sep 16, 2024
MLS® 73290552
Listing Agent: Paul Bongiorni
Listing Office: Pioneer CRE
MLS® Number: 73505599
