Turn-Key Restaurant with Commercial
264 Hillsdale Rd Egremont, MA 01230
264 Hillsdale Rd, Egremont, MA, 01230
$995,000
For Sale
$995,000
Turn-key restaurant space with custom interior finishes and fully overhauled 2023 commercial kitchen equipment.
Property Size1,810 SF
Price / SF$549.72
Days on Market122
Property Features for 264 Hillsdale Rd
General Information
- Standard status
- Active
- Size
- 1,810 SF
Listing agency
WILLIAM RAVEIS - BERKSHIRE
(413) 329-7330
Listed by
Lance Vermeulen · License #9038947
(413) 329-7330
Source
Exprealty
Added: Mar 23 Updated: Jul 21 at 5:17PM Checked: Jul 21 at 5:17PM
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 RAVEIS - BERKSHIRE
Investment Insights
Based on property information with market context.
This turn-key restaurant property was originally the Old Egremont Club and has been reimagined with custom interior finishes and red-and-black checkered floors. The property includes a fully overhauled commercial kitchen core completed in 2023, highlighted by a new well, septic system, 200-amp electric service, and Henny Penny fryers.
Located in low-tax Egremont along the heavily traveled Route 23 corridor, the site is minutes from Catamount Mountain Resort and downtown Great Barrington.
A lease-to-buy option is available for qualified parties.
Located in low-tax Egremont along the heavily traveled Route 23 corridor, the site is minutes from Catamount Mountain Resort and downtown Great Barrington.
A lease-to-buy option is available for qualified parties.
Key Highlights
- Commercial restaurant space with custom interior finishes and red‑and‑black checkered floors
- Commercial kitchen equipment and systems fully overhauled in 2023, including new Henny Penny fryers
- 2023 upgrades include a new well, septic system, and 200‑amp electric service
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $21.60 |
| − Vacancy | −$1.6k | −$0.91 |
| EGI | $37.5k | $20.69 |
| − OpEx | −$9.4k | −$5.17 |
| NOI | $28.1k | $15.52 |
1,810 SF · lease $21.60/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$401.3K
$351.1K – $468.2K
NOI $28,090 @ 7.0% cap · market cap 2.82%
Second Best
Industrial
$141.7K
$124.0K – $165.3K
NOI $9,919 @ 7.0% cap · market cap 1.00%
Theoretical Best
Office A
$530.0K
$463.7K – $618.3K
NOI $37,098 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant space with custom interior finishes and fully overhauled 2023 commercial kitchen equipment.
Where is this conventional restaurant located?
The property is located at 264 Hillsdale Rd Egremont, MA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Commercial restaurant space with custom interior finishes and red‑and‑black checkered floors; Commercial kitchen equipment and systems fully overhauled in 2023, including new Henny Penny fryers; 2023 upgrades include a new well, septic system, and 200‑amp electric service
