INNOVATE Real Estate
Commercial Sale at 127 Elm Street, Hatfield MA 01038
Commercial Sale at 127 Elm Street, Hatfield MA 01038, photo 2 of 13
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13 photos

$450,000

127 Elm Street, Hatfield MA 01038
Hatfield, MA 01038
Listed by Patricia Patenaude
Bedrooms
N/A
Bathrooms
N/A
Living area
2,040 sqft
Year built
1929

About this home

Own a part of restaurant history in Hatfield. This establishment has been a gathering place in the community since 1934. With a restaurant seating capacity of 89 there are multiple options including an area for a private gathering. Live music is also a possibility. The site is just off I-91 but is located in a rural setting with ample parking. Most equipment will remain. The second floor has an office with restroom.

Property details

MLS
MLS Property Information Network
MLS #
73514095
Property type
Commercial Sale
Subdivision
N/A
Status
Active
Days on market
169
On market date
May 5, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.32 acres

Location

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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Hatfield Elementary
1.46 mi away · Grades -1-6
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
216
Student:teacher ratio
10.3:1
District
Hatfield
Middle
John F Kennedy Middle School
2.82 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
579
Student:teacher ratio
10.0:1
District
Northampton
High
Smith Academy
1.67 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
175
Student:teacher ratio
8.8:1
District
Hatfield

Walkability

Blended score for Hatfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

28
Car-dependent
out of 100
EPA National Walkability Index
5.2 / 20 -- Least walkable
Google Places amenity density
32 / 100
Restaurants & cafes6
Grocery stores1
Parks1
Schools0
Transit stops2
Pharmacies0

Market position

How this listing compares to current activity in Hatfield, from live MLS data.

On the market 169 days -- 32 more days than Hatfield's current average of 137 days.
For reference, the median list price across 43 active listings in Hatfield right now is $450,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated May 10, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.