151 Smead Hill Rd Greenfield Greenfield, MA 01301
Historic property with potential for various commercial ventures.
- Added:
- May 15, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 30 at 1:42 am
Property Features for 151 Smead Hill Rd Greenfield
General Information
- Standard status
- Active
- Size
- 8,744 SF
Building Details
- Year Built
- 1994
Listing office (508) 501-1443
Listing date May 15, 2026
Source Milestonerealtyinc
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 Jadaiya Stanley
Investment Insights
Based on property information with market context.
Key Highlights
- Flexible, adaptable spaces suitable for a boutique bed and breakfast, event venue, or seasonal retreat.
- Zoning permits open space cluster development, allowing for creative reconfiguration.
- Potential for modern co‑housing or shared amenity communities.
Local Financial Insights For Hotel Hospitality
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 | $131.2k | $15.00 |
| − Vacancy | −$19.7k | −$2.25 |
| EGI | $111.5k | $12.75 |
| − OpEx | −$58.5k | −$6.69 |
| NOI | $53.0k | $6.06 |
