Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    313-323 Main St Great Barrington, MA 01230

    View on Map
    Claim this Listing
    For Lease
    $1,300 /Mo

    COMMERCIAL - Great Barrington, MA

    Property size:
    589 SF
    Added:
    Nov 18, 2022
    Days on Market:
    1248
    Last Refresh:
    Apr 19 at 8:06 pm

    Property Features for 313-323 Main St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1, Basement
    Interior features
    Air Cond, Elevator, High Speed Wiring, Management
    Basement
    Full
    Accessibility
    Accessible Elevator Installed, Accessible Approach with Ramp
    Standard status
    Active
    Size
    589 SF

    We can help!

    Listing Contact
    Antonio M Segalla

    Listing agent Antonio M Segalla License #009539871

    Listing office LANCE VERMEULEN RE, INC 283 Main St., South Egremont, MA

    Listing date Nov 18, 2022

    MLS# 247587

    Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Spaces Available

    Recently renovated office spaces are available for lease on the second and third floors of The Berkshire Block on Main Street in Great Barrington. The office spaces range in size from 254 to 589 square feet. The spaces offer elevator access, fiber internet, a common reception area, a conference room, and restrooms. Flooring options are available, and the spaces can be furnished. Private parking is available for an additional fee.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Great Barrington
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.3333
    Latitude
    42.1779

    Nearby Similar for Lease

    • Contact for pricing

      Housatonic Commercial Space For Rent

      First-floor commercial space in Housatonic with open layout and parking.
      402 Park St, Great Barrington, MA 01236
      View Details
    • Contact for pricing

      Furnished Office Space Available

      Second-floor office space in high-traffic location, Great Barrington.
      490 Main St, Great Barrington, MA 01230
      View Details
    • Contact for pricing

      Restaurant Space in Historic Building

      Prime restaurant space in downtown Great Barrington with commercial kitchen.
      4244 Railroad St, Great Barrington, MA, 01230
      View Details
    • Contact for pricing

      Renovated Office Spaces Available

      Renovated office spaces for lease in Great Barrington.
      313-323 Main St, Great Barrington, MA 01230
      View Details
    • Contact for pricing

      Renovated Office Spaces Available

      Renovated office spaces for lease in Great Barrington.
      313-323 Main St, Great Barrington, MA 01230
      View Details
    • Contact for pricing

      Retail Spaces in Great Barrington

      Three retail spaces available in busy Great Barrington shopping center.
      300-354 Stockbridge Rd, Great Barrington, MA
      View Details
    • Contact for pricing

      Great Barrington Retail/Office Spaces

      Highly visible retail/office spaces in downtown Great Barrington.
      34 Bridge St, Great Barrington, MA 01230
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      Landmark building in Great Barrington with retail and office spaces.
      321 Main St, Great Barrington, MA
      View Details

    FAQs

    What type of property is this?
    Office units - Renovated office spaces in Great Barrington with modern amenities.
    Where is this office units located?
    The property is located at 313-323 Main St Great Barrington, MA.
    What is the lease rate?
    The lease rate is $1,300 /Mo.
    What are key features of this property?
    This property features: Recently renovated office spaces available.; Flexible office sizes ranging from 254 SF to 589 SF.; Prices start at $975/month.
    (413) 329-4075
    We can help!
    Listing Contact
    Antonio M Segalla
    Real Estate License ID: 009539871
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!