Downtown Two-Storefront Retail
For Sale
$1,195,000
14 Railroad St, Great Barrington, MA 01230
Commercial Sale, Great Barrington, MA
Property Size4,368 SF
Lot Size0.06 Acres
Price / SF$273.58
Days on Market186
Property Features for 14 Railroad St
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Air Cond, Alarm System, High Speed Wiring
Basement
Full, Concrete
Directions
Railroad Street on right.
Subdivision
South Registry
Standard status
Active
APN
GREA M:019.0 B:0000 L:0072.0
Size
4,368 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
10354
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Private
Building Details
Year built
1943
Number of units
2
Building materials
Wood Frame
Listing Agency:
HOUSATONIC REAL ESTATE
(413) 274-5065
Listed By:
Suzann Laverack Ward · License #9588333
(413) 329-3031
Added: Apr 3
Changed: Oct 1
Last Checked: Oct 5 at 12:06PM
MLS# 249100
Copyright © 2026 Berkshire County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,368-square-foot retail building contains two filled storefronts and offers options to create a larger footprint. Built in 1943 with wood-frame construction, the property includes a basement and practical features such as air conditioning, an alarm system, and high-speed wiring.
Located on Railroad Street in downtown Great Barrington, the property provides on-street parking and access to public sewer, private water, and cable availability. The commercial setting supports continued storefront use while preserving flexibility for a broader layout.
Located on Railroad Street in downtown Great Barrington, the property provides on-street parking and access to public sewer, private water, and cable availability. The commercial setting supports continued storefront use while preserving flexibility for a broader layout.
Key Highlights
- 4,368‑square‑foot retail building with two filled storefronts
- Expansion options available to create a larger footprint
- Located on Railroad Street in downtown Great Barrington
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
$52,725
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
4.41%
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%
$1,054,500
$1.1M
Cap Rate 7%
$753,214
$753.2K
Cap Rate 9%
$585,833
$585.8K
Market Conditions
NOI Build-Up for 4,368 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
$78.6K $18.00/SF
− Vacancy
−$3.3K −$0.76/SF
EGI
$75.3K $17.24/SF
− OpEx
−$22.6K −$5.17/SF
NOI
$52.7K $12.07/SF
Area
Berkshire County, MA
Vacancy
4.20%
Lease Rate
$18.00 /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%
$1,054,500
Cap Rate 7%
$753,214
Cap Rate 9%
$585,833
Alternative Uses
Best Use
Retail
$753.2K
$659.1K – $878.8K
NOI $52,725 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,527 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Hotels & Casinos 5%
Cumberland Farms
Shops & Services
10,539 visits/mo
0.3 miles
Dollar General
Shops & Services
4,821 visits/mo
0.2 miles
Berkshire Bank
Shops & Services
4,215 visits/mo
0.1 miles
TD Bank
Shops & Services
3,110 visits/mo
0.1 miles
NBT Bank
Shops & Services
2,106 visits/mo
0.2 miles
Demographics for 01230, MA
8,907
Population
5,025
Households
1.8
Avg Household Size
52
Median Age
49%
College-Educated
95%
High-School Grad
97.0 sq mi
ZIP Area
92
Density / Sq Mi
$82,871
Median Household Income
$40,397
Median Earnings
$1,286
Median Rent
$479,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - Two occupied storefronts with expansion options and on-street parking in downtown Great Barrington.
Where is this storefront property located?
The property is located at 14 Railroad St Great Barrington, MA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 4,368‑square‑foot retail building with two filled storefronts; Expansion options available to create a larger footprint; Located on Railroad Street in downtown Great Barrington
