Two-Story Office
168 Main St, Great Barrington, MA 01230
For Sale
$1,140,000
Fully occupied professional offices include on-site parking in a downtown setting.
Property Size6,121 SF
Lot Size0.48 Acres
Price / SF$186.24
Days on Market95
Property Features for 168 Main St
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Additional Details
Office Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
NOCHER REALTY
Listed By:
Cory Evangelisto · License #9551763
(413) 442-0200
Source:
Mclean-realtors
Added: Aug 6
Changed: Nov 7
Last Checked: Nov 7 at 5:43PM
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 NOCHER REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this two-floor office property contains 6,121 square feet on a 0.48-acre parcel. Its layout comprises four office spaces and seven half bathrooms, with parking on site. The building is fully occupied by professional tenants.
At 168 Main St in downtown Great Barrington, the property sits among restaurants, retail shops, professional services, and cultural destinations.
At 168 Main St in downtown Great Barrington, the property sits among restaurants, retail shops, professional services, and cultural destinations.
Key Highlights
- 6,121 square feet on 0.48 acres
- Four office spaces across two floors
- Seven half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,725
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,594,500
$1.6M
Cap Rate 7%
$1,138,929
$1.1M
Cap Rate 9%
$885,833
$885.8K
Market Conditions
NOI Build-Up for 6,121 SF
Gross rent
$132.2K $21.60/SF
− Vacancy
−$25.9K −$4.23/SF
EGI
$106.3K $17.37/SF
− OpEx
−$26.6K −$4.34/SF
NOI
$79.7K $13.02/SF
Area
Berkshire County, MA
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,594,500
Cap Rate 7%
$1,138,929
Cap Rate 9%
$885,833
Alternative Uses
Best Use
Office B
$1.14M
$996.6K – $1.33M
NOI $79,725 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,456 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied professional offices include on-site parking in a downtown setting.
Where is this office building located?
The property is located at 168 Main St Great Barrington, MA.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: 6,121 square feet on 0.48 acres; Four office spaces across two floors; Seven half bathrooms
