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Automotive Service Property with Storage
For Sale
$895,000

1955 N Main St, Sheffield, MA 01257

COMMERCIAL - Sheffield, MA

Property Size5,540 SF
Lot Size7.29 Acres
Price / SF$161.55
Days on Market53

Property Features for 1955 N Main St

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Garage
Interior features Overhead Doors
Directions On Route 7 just south of GB/Sheffield line.
Subdivision South Registry
Standard status Active
Size 5,540 SF
Lot size 7.29 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6679

Utilities

Utilities Cable Available
Sewer type Private Sewer
Water source Well

Building Details

Year built 1950
Listing Agency: ALDEN COUNTRY REAL ESTATE SERVICES
Listed By: Dan Alden · License #9516105
Added: Jun 29 Changed: Aug 4 Last Checked: Aug 20 at 7:06AM
MLS# 250053

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 automotive property includes a 5,540-square-foot garage built in 1950, five oversized service bays, overhead doors, and heavy-duty power. A separate storage building adds functional capacity, while the paved lot accommodates over 100 vehicles. The property previously operated as a GMC dealership and auto repair shop, supporting continued automotive, fleet, or light industrial use as described in the source information.

The 7.29-acre site fronts Route 7 at the Sheffield-Great Barrington line, with over 1,000 feet of frontage. Downtown Great Barrington is accessible by car, along with its shops, restaurants, and cultural venues. The property has well water, a private sewer system, and cable availability.

Key Highlights

  • 7.29‑acre property with over 1,000 feet of Route 7 frontage
  • 5,540‑square‑foot garage built in 1950
  • Five oversized service bays with heavy‑duty power

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
$66,872
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
7.47%
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%
$1,337,440 $1.3M
Cap Rate 7%
$955,314 $955.3K
Cap Rate 9%
$743,022 $743.0K
Market Conditions
NOI Build-Up for 5,540 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
$99.7K $18.00/SF
− Vacancy
−$4.2K −$0.76/SF
EGI
$95.5K $17.24/SF
− OpEx
−$28.7K −$5.17/SF
NOI
$66.9K $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%
$1,337,440
Cap Rate 7%
$955,314
Cap Rate 9%
$743,022

Alternative Uses

Best Use
Flex RnD
$1.24M
$1.09M – $1.45M (±1% cap)
NOI $86,856 @ 7.0% cap · market cap 9.70%
Second Best
Retail
$955.3K
$835.9K – $1.11M (±1% cap)
NOI $66,872 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,548 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Berkshire GMC Inc Car Dealership

Suggested Use

Top Pick Building Supply Storage Facility Furniture & Home Goods Carpet & Flooring Store Big Box & Wholesale Store Kitchen & Bath Showroom

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

Lease Details

5
Drive-in doors
5
Service bays
Yes
Heavy power
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

Demographics for 01257, MA

2,140
Population
1,238
Households
1.7
Avg Household Size
53
Median Age
41%
College-Educated
100%
High-School Grad
33.9 sq mi
ZIP Area
63
Density / Sq Mi
$80,227
Median Household Income
$40,907
Median Earnings
$1,161
Median Rent
$432,100
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • City Tire - Great Barrington (Seward's Tires) 952 S Main St, Great Barrington, MA 01230
  • Precision Autocraft 1939 N Main St, Sheffield, MA 01257
  • Autobahn Service 1851 N Main St, Sheffield, MA 01257
  • Larkin LTD Enterprises LLC 974 Main St, Great Barrington, MA 01230
  • M & H Garage Great Barrington, MA 01230

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive facility with multiple service bays, a separate storage building, and a large paved vehicle display area.
Where is this auto shop located?
The property is located at 1955 N Main St Sheffield, MA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 7.29‑acre property with over 1,000 feet of Route 7 frontage; 5,540‑square‑foot garage built in 1950; Five oversized service bays with heavy‑duty power
More about this property
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