Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Pittsfield Restaurant and Retail Opportunity Title is generated by Realmo AI

    451 Dalton Ave, Pittsfield, MA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Operating restaurant on one acre site with high visibility.

    Type:RETAIL
    Property size:
    5,847 SF
    Lot size:
    0.98 Acres
    Price / SF:
    $282/SF
    Added:
    May 2, 2024
    Days on Market:
    774
    Last Refresh:
    May 20 at 9:27 pm

    Property Features for 451 Dalton Ave

    General Information

    Standard status
    Active
    Size
    5,847 SF
    Lot size
    0.98 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Paul Bulmer
    Paul Bulmer

    Listing agent Paul Bulmer License #30BU0949739

    Listing office Vanguard-Fine, LLC

    Listing date May 2, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Vanguard-Fine, LLC

    HighLights

    • High Traffic Volume ensures great exposure.
    • Great Visibility for your business.
    • Approximately one (1) acre site, offering ample space.
    • Site Works Well For Multiple Uses, providing flexibility.
    • All restaurant FFE available, a bonus for restaurateurs.
    • Easy Access for customers and deliveries.

    Overview

    This property features an operating family restaurant on approximately one acre, situated adjacent to Dalton Avenue Plaza in Pittsfield. The existing restaurant's furniture, fixtures, and equipment (FFE) are available. The site benefits from good access and visibility, and high traffic volume. The property could also suit a quick service restaurant (QSR), gas and convenience store, car wash, freestanding retail space, medical facility, or small office. The building size is 5,847 square feet.

    Local Financial Insights For Specialty Retail

    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 $126.3k $21.60
    − Vacancy −$5.3k −$0.91
    EGI $121.0k $20.69
    − OpEx −$30.2k −$5.17
    NOI $90.7k $15.52
    5,847 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,743 @ 7.0% cap · market cap 5.50%
    Second Best
    Retail
    $1.01M
    $882.2K – $1.18M (±1% cap)
    NOI $70,578 @ 7.0% cap · market cap 4.28%
    Theoretical Best
    Office A
    $1.71M
    $1.50M – $2.00M (±1% cap)
    NOI $119,840 @ 7.0% cap · market cap 7.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zucco's Family Restaurant Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Grand Buffet Star — 61 Cheshire Rd, Pittsfield, MA 01201

    Location Insight

    • Map
    • Local Demand
    City
    Pittsfield
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2149
    Latitude
    42.4637

    Nearby Similar for Sale

    • $329,000
      2,592 SF

      Meticulously Maintained Pittsfield Two-Family Home

      Move-in ready duplex in the heart of Pittsfield, Massachusetts.
      78-80 Harvard St, Pittsfield, MA 01201
      View Details
    • $229,900
      3,048 SF

      Two-Family Residential Income Property

      Two separate units, updated mechanical and electrical systems, and off-street parking support flexible owner or rental use.
      96-98 Brown St, Pittsfield, MA 01201
      View Details
    • $365,000
      3,727 SF

      Victorian Multi-Family Investment Opportunity

      Three-unit Victorian in Pittsfield, fully occupied with income potential.
      39-41 Bartlett Ave, Pittsfield, MA 01201
      View Details
    • $189,000
      2,074 SF

      Three-Family Fixer-Upper with Garage

      Three-unit residential income property with replacement windows, a replaced roof, and off-street parking.
      110 Elizabeth St, Pittsfield, MA 01201
      View Details
    • $158,000
      3,450 SF

      Versatile Live/Work Property

      Live/work property with shop space, garage, and residential unit.
      334 Columbus Ave, Pittsfield, MA 01201
      View Details
    • $325,000
      4,215 SF

      Residential Property in Pittsfield, MA

      Large residential property with income potential near downtown Pittsfield.
      292 West Street, Pittsfield, MA 99999
      View Details
    • $257,500
      2,158 SF

      Move-In Ready Two-Family Flat

      Spacious, updated two-family home on a corner lot.
      143-145 Newell St, Pittsfield, MA 01201
      View Details
    • $325,000
      4,215 SF

      Victorian Multifamily Property, Pittsfield, MA

      Residential income property with high occupancy potential near downtown Pittsfield.
      292 West St, Pittsfield, MA 01201
      View Details
    • $189,900
      1,485 SF

      Pittsfield Multi-Family Flat For Sale

      In-town multi-family flat, ideal for investors or owner-occupants.
      147 Dewey Ave, Pittsfield, MA 01201
      View Details
    • $199,900
      1,290 SF

      Two-Family Flat Near Town

      Two-unit property with detached garage and river views.
      153 Dewey Ave, Pittsfield, MA 01201
      View Details
    • $179,900
      1,768 SF

      Two-Family Flat Near Town

      Two-unit property with income potential, close to town amenities.
      24 Southern Ave, Pittsfield, MA 01201
      View Details
    • $249,900
      1,928 SF

      Renovated Two-Family Home in Pittsfield

      Turnkey two-family home with updated kitchens and baths.
      17 Wallace Place, Pittsfield, MA 01201
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Operating restaurant on one acre site with high visibility.
    Where is this conventional restaurant located?
    The property is located at 451 Dalton Ave Pittsfield, MA.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: High Traffic Volume ensures great exposure.; Great Visibility for your business.; Approximately one (1) acre site, offering ample space.
    (518) 428-7178 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Paul Bulmer
    Paul Bulmer
    Real Estate License ID: 30BU0949739
    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
    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

    Thank You for Inquiry
    451 Dalton Ave, Pittsfield, MA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!