Turnkey Main Street Retail
For Sale
$239,000
317 Main St, Great Barrington, MA 01230
COMMERCIAL - Great Barrington, MA
Property Size1,300 SF
Price / SF$183.85
Days on Market48
Property Features for 317 Main St
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Interior features
Air Cond, High Speed Wiring
Basement
Full, Concrete
Directions
Main Street GB
Subdivision
South Registry
Standard status
Active
Size
1,300 SF
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Private
Amenities
two bathrooms
kitchenette
full basement
Building Details
Building materials
Wood Frame
Listing Agency:
HOUSATONIC REAL ESTATE
(413) 274-5065
Listed By:
Suzann Laverack Ward · License #9588333
(413) 329-3031
Added: Jun 26
Changed: Aug 4
Last Checked: Aug 12 at 2:06AM
MLS# 250030
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.
Turnkey boutique clothing store opportunity offering approximately 1,300 square feet of street-level retail space. The layout is designed for fashion retail and includes two bathrooms and a kitchenette, along with a full basement that provides additional storage capacity.
The property is located on Main Street in Great Barrington, MA, and is positioned for downtown, neighborhood retail traffic.
This offering includes the sale of an established business. The space is presented as a turnkey operation with the existing retail layout and supporting interior features already in place.
The property is located on Main Street in Great Barrington, MA, and is positioned for downtown, neighborhood retail traffic.
This offering includes the sale of an established business. The space is presented as a turnkey operation with the existing retail layout and supporting interior features already in place.
Key Highlights
- Approximately 1,300 SF street‑level retail space on Main Street in Great Barrington
- Includes two bathrooms and a kitchenette for day‑to‑day retail operations
- Full basement provides additional storage capacity
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
$15,692
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
6.57%
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%
$313,840
$313.8K
Cap Rate 7%
$224,171
$224.2K
Cap Rate 9%
$174,356
$174.4K
Market Conditions
NOI Build-Up for 1,300 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
$23.4K $18.00/SF
− Vacancy
−$983 −$0.76/SF
EGI
$22.4K $17.24/SF
− OpEx
−$6.7K −$5.17/SF
NOI
$15.7K $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%
$313,840
Cap Rate 7%
$224,171
Cap Rate 9%
$174,356
Alternative Uses
Best Use
Retail
$224.2K
$196.2K – $261.5K
NOI $15,692 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$380.6K
$333.1K – $444.1K
NOI $26,645 @ 7.0% cap · market cap 11.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Street-level retail space includes two bathrooms, a kitchenette, and a full basement for additional storage.
Where is this storefront property located?
The property is located at 317 Main St Great Barrington, MA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Approximately 1,300 SF street‑level retail space on Main Street in Great Barrington; Includes two bathrooms and a kitchenette for day‑to‑day retail operations; Full basement provides additional storage capacity
