Auto Repair Shop with Retail
For Sale
$1,200,000
1260 East St, Pittsfield, MA 01201
Established automotive facility combines customer-facing parts areas with service bays and administrative offices.
Property Size11,620 SF
Price / SF$103.27
Days on Market95
Property Features for 1260 East St
General Information
Standard status
Active
Size
11,620 SF
Total Parking Spaces
20
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$20,620
Building Details
Building Size
11,620 SF
Year Built
1986
Stories
2
Listing Agency:
WILLIAM PITT SOTHEBY'S - LENOX
(413) 822-6598
Listed By:
Nick Geranios · License #9014914
(413) 822-6598
Source:
413realestate
Added: May 29
Changed: Aug 30
Last Checked: Aug 30 at 1:38PM
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 WILLIAM PITT SOTHEBY'S - LENOX
Investment Insights
Based on property information with market context.
The offering combines an automotive parts operation with a full-service repair facility at 1260 East St in Pittsfield. The 11,620-square-foot property was built in 1986 and includes multiple service bays, dedicated retail areas, and offices for clerical and accounting functions. The layout supports parts sales alongside inspections, diagnostics, and general vehicle repairs, with off-street parking serving the site.
The sale includes the real estate and operating business, along with equipment, fixtures, and a mailing list. Inventory is handled separately. The property is positioned in a central Pittsfield setting and has been used by the business for many years.
The sale includes the real estate and operating business, along with equipment, fixtures, and a mailing list. Inventory is handled separately. The property is positioned in a central Pittsfield setting and has been used by the business for many years.
Key Highlights
- 11,620‑square‑foot automotive property at 1260 East St, Pittsfield, MA 01201
- Full‑service mechanic shop with multiple service bays
- Dedicated retail areas for auto parts sales
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$63,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,273,580
$1.3M
Cap Rate 7%
$909,700
$909.7K
Cap Rate 9%
$707,544
$707.5K
Market Conditions
NOI Build-Up for 11,620 SF
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.
Gross rent
$97.6K $8.40/SF
− Vacancy
−$6.6K −$0.57/SF
EGI
$91.0K $7.83/SF
− OpEx
−$27.3K −$2.35/SF
NOI
$63.7K $5.48/SF
Area
Berkshire County, MA
Vacancy
6.80%
Lease Rate
$8.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,273,580
Cap Rate 7%
$909,700
Cap Rate 9%
$707,544
Alternative Uses
Best Use
Flex RnD
$2.60M
$2.28M – $3.04M
NOI $182,178 @ 7.0% cap · market cap 15.18%
Second Best
Retail
$2.00M
$1.75M – $2.34M
NOI $140,263 @ 7.0% cap · market cap 11.69%
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,164 @ 7.0% cap · market cap 19.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
253
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01201, MA
45,494
Population
22,566
Households
2
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
60.4 sq mi
ZIP Area
753
Density / Sq Mi
$68,879
Median Household Income
$43,054
Median Earnings
$1,098
Median Rent
$236,500
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Mazda Service — 217 Newell St, Pittsfield, MA 01201
- Ray's Auto Body — 751 East St #1, Pittsfield, MA 01201
- Williams Kingsley Auto Repair — 763 East St #1, Pittsfield, MA 01201
- Newell Street Transmission — 269 Newell St #5467, Pittsfield, MA 01201
- H & S Auto Parts and Service — 1260 East St, Pittsfield, MA 01201
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive facility combines customer-facing parts areas with service bays and administrative offices.
Where is this auto shop located?
The property is located at 1260 East St Pittsfield, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 11,620‑square‑foot automotive property at 1260 East St, Pittsfield, MA 01201; Full‑service mechanic shop with multiple service bays; Dedicated retail areas for auto parts sales
