Listing Agency: Vanguard-Fine, LLC k***@vanguardfine.com Show Phone

Listed By: Paul Bulmer · License #10491200498 Show Phone

Source: Moodyscre

Added: May 2, 2024 Changed: Jul 30 Last Checked: Jul 30 at 4:04AM

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Investment Insights

Based on property information with market context.

This shopping center totals 77,820 SF and is positioned for retail use with a spacious layout. The property is described as having ample parking and high traffic counts.

The offering also references a 6.5% cap rate and an assumable mortgage. The property is located at 457 Dalton Ave in Pittsfield, MA 01201.

Key Highlights

• 77,820 SF shopping center
• 6.5% cap rate
• Assumable mortgage

Property Analytics

Current Use

Subway Take-out & Catering Eye Care Center: ... Eye Care Center Eye Care Center Physician US Navy Recruiting ... Military Recruiting Office U.S. Marine Corps ... Military Recruiting Office

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Dental Office Locksmith

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

Location Intelligence

Trade Area within ½ mile

302

Businesses Nearby

86k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Apparel 36% Superstores 22% Shops & Services 21% Dining 16%

DICK'S Sporting Goods Apparel

30,598 visits/mo 0.5 miles

Big Lots Superstores

18,977 visits/mo 0.1 miles

Panera Bread Dining

12,986 visits/mo 0.5 miles

Sunoco Shops & Services

10,097 visits/mo 0.5 miles

Shell Shops & Services

3,426 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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• Dalton Avenue Plaza Shopping Center — 457 Dalton Ave, Pittsfield, MA 01201
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Frequently Asked Questions

What type of property is this?

Shopping center - Shopping center offering ample parking, high traffic counts, and a 6.5% cap rate.

Where is this shopping center located?

The property is located at 457 Dalton Ave Pittsfield, MA.

What is the asking price?

The asking price for this property is $7,500,000.

What are key features of this property?

This property features: 77,820 SF shopping center; 6.5% cap rate; Assumable mortgage