Listing Agency: STONE HOUSE PROPERTIES, LLC t***@stonehouseproperties.com Show Phone

Listed By: Timothy Gallagher · License #9573698 Show Phone

Source: Exprealty

Added: Oct 9, 2024 Changed: Aug 8 Last Checked: Aug 12 at 1:52PM

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Investment Insights

Based on property information with market context.

This property presents an opportunity to own a small business with a strong community presence and a unique market niche. The Pontoosuc Package Store has been a staple in the Lanesborough community for over 50 years, highlighting its strong local ties and customer loyalty as one of the last independently owned "ma and pop" stores. Situated in the heart of Berkshire County on Pontoosuc Lake and along the busy route 7 business district, the store benefits from high visibility and traffic from both locals and tourists enjoying seasonal activities. The store emphasizes local and regional craft beer, liquor, and wine, with a reputation for having one of the best and most unique craft beer selections in the area.

Key Highlights

• Established business (50+ years) with strong community ties and customer loyalty.
• Prime location on Pontoosuc Lake and Route 7, offering high visibility and traffic.
• Unique market niche as one of the last independently owned 'ma and pop' stores.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Location Intelligence

Trade Area within ½ mile

75

Businesses Nearby

20k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 56% Shops & Services 44%

Dunkin' Donuts Dining

11,042 visits/mo 0.1 miles

Dollar General Shops & Services

8,729 visits/mo 0.4 miles

Demographics for 01237, MA

2,365

Population

1,431

Households

1.7

Avg Household Size

51

Median Age

43%

College-Educated

96%

High-School Grad

49.3 sq mi

ZIP Area

48

Density / Sq Mi

$84,419

Median Household Income

$45,907

Median Earnings

$1,153

Median Rent

$278,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Long-standing package store with strong community ties and unique offerings.

Where is this grocery and convenience store located?

The property is located at 731 S Main St Lanesborough, MA.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Established business (50+ years) with strong community ties and customer loyalty.; Prime location on Pontoosuc Lake and Route 7, offering high visibility and traffic.; Unique market niche as one of the last independently owned 'ma and pop' stores.