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Three-Bay Barn Live-Work Property
New
For Sale
$449,000

107 S Main St, Sheffield, MA 01257

COMMERCIAL - Sheffield, MA

Property Size1,765 SF
Lot Size1.51 Acres
Price / SF$254.39
Days on Market3

Property Features for 107 S Main St

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking 4
Parking features Garage
Basement Dirt Floor, Sump Pump
Appliances Cooktop, Dishwasher, Dryer, Refrigerator, Washer, Built-In Electric Oven
Lot features Irregular Shape
Directions Take Route 7 to sheffield Mass. One mile south on Rt 7 towards CT on your left side.
Subdivision South Registry
Standard status Active
APN 024 ooo1 0040.0
Size 1,765 SF
Lot size 1.51 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4499

Utilities

Utilities Cable Available
Sewer type Private Sewer
Cooling system Electric
Water source Private

Building Details

Year built 1793
Number of units 2
Building materials Wood Frame
Roof type Asphalt
Listing Agency: HOUSATONIC REAL ESTATE
Listed By: Judi Panzano · License #9585682
Added: Aug 1 Last Checked: Aug 3 at 1:06AM
MLS# 250401

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.

Investment Insights

Based on property information with market context.

A distinctive live-work property built around a three-bay barn of approximately 1,200 square feet, designed for flexible commercial use such as a gallery, studio, workshop, showroom, or office. The offering also includes a historic house built in 1793, with a brand-new private one-bedroom apartment. Improvements include a brand-new roof and a brand-new septic system, with new 3 bed septic noted. The property sits on 1.51 acres and is described as having protected views.

Commercial and residential zoning are included, supporting a mix of business and living use. Utilities and services include electricity, cable available, private water, and private sewer. The barn is presented with parking and “Route 7 visibility.”

The structures are wood frame, with asphalt roofing, and the home has electric cooling. Parking is listed with a garage, and the house includes basement space.

Key Highlights

  • Approximately 1,200‑square‑foot three‑bay barn for gallery, studio, workshop, showroom, office, or creative business
  • Route 7 visibility plus electricity and parking for the barn
  • Historic 1793 residence with brand‑new private one‑bedroom apartment

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.1k $21.60
− Vacancy −$507 −$0.29
EGI $37.6k $21.31
− OpEx −$11.3k −$6.39
NOI $26.3k $14.92
1,765 SF · lease $21.60/SF/yr · vacancy 1.33% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$376.2K
$329.2K – $438.9K (±1% cap)
NOI $26,332 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$344.6K
$301.5K – $402.0K (±1% cap)
NOI $24,120 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$516.8K
$452.2K – $602.9K (±1% cap)
NOI $36,175 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Silk's Variety (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Garden Center Auto Repair Shop Big Box & Wholesale Store Law Firm Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 01257, MA

2,140
Population
1,238
Households
1.7
Avg Household Size
53
Median Age
41%
College-Educated
100%
High-School Grad
33.9 sq mi
ZIP Area
63
Density / Sq Mi
$80,227
Median Household Income
$40,907
Median Earnings
$1,161
Median Rent
$432,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Live-work property with Route 7 visibility, a three-bay barn, and a historic residence plus private one-bedroom apartment.
Where is this live-work space located?
The property is located at 107 S Main St Sheffield, MA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Approximately 1,200‑square‑foot three‑bay barn for gallery, studio, workshop, showroom, office, or creative business; Route 7 visibility plus electricity and parking for the barn; Historic 1793 residence with brand‑new private one‑bedroom apartment
More about this property
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