Four-Building Shopping
For Sale
$2,875,000
325 Stockbridge Rd, Great Barrington, MA 01230
Established occupants and on-site parking support a diversified retail operation in Great Barrington.
Property Size14,000 SF
Days on Market67
Property Features for 325 Stockbridge Rd
General Information
Standard status
Active
Size
14,000 SF
Property subtype
COMMERCIAL
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$32,042
Building Details
Building Size
14,000 SF
Year Built
2002
Buildings
4
Tenancy
Multi
Listing Agency:
FAIRGROUND REAL ESTATE, INC
(413) 717-0276
Listed By:
Eric Steuernagle · License #9528781
(413) 717-0276
Source:
Stonehouseproperties
Added: Jun 25
Changed: Aug 28
Last Checked: Aug 29 at 4:55PM
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 FAIRGROUND REAL ESTATE, INC
Investment Insights
Based on property information with market context.
This shopping center comprises four buildings with five rental spaces and established tenants in place. Built in 2002, the property brings multiple retail structures and diversified occupancy together within one commercial asset. Ample on-site parking serves the center’s customer and tenant access needs.
Located at 325 Stockbridge Road in Great Barrington, the property offers access to I-90 and regional routes. The surrounding area includes dining, tourism, regional services, and complementary retail and service anchors. Great Barrington is identified as a Berkshire County hub for shopping and tourism, providing context for the center’s established retail setting.
Located at 325 Stockbridge Road in Great Barrington, the property offers access to I-90 and regional routes. The surrounding area includes dining, tourism, regional services, and complementary retail and service anchors. Great Barrington is identified as a Berkshire County hub for shopping and tourism, providing context for the center’s established retail setting.
Key Highlights
- Four‑building shopping center with five rental spaces
- Established tenants provide existing rental income
- Built in 2002
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
$168,991
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
5.88%
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%
$3,379,820
$3.4M
Cap Rate 7%
$2,414,157
$2.4M
Cap Rate 9%
$1,877,678
$1.9M
Market Conditions
NOI Build-Up for 14,000 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
$252.0K $18.00/SF
− Vacancy
−$10.6K −$0.76/SF
EGI
$241.4K $17.24/SF
− OpEx
−$72.4K −$5.17/SF
NOI
$169.0K $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%
$3,379,820
Cap Rate 7%
$2,414,157
Cap Rate 9%
$1,877,678
Alternative Uses
Best Use
Retail
$2.41M
$2.11M – $2.82M
NOI $168,991 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $286,944 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
107k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Groceries 20%
Home Improvements & Furnishings 20%
Dining 16%
Price Chopper Supermarkets
Groceries
21,660 visits/mo
0.1 miles
Tractor Supply Co.
Home Improvements & Furnishings
18,811 visits/mo
0.2 miles
McDonald's
Dining
16,775 visits/mo
0.1 miles
Dollar Tree
Shops & Services
13,878 visits/mo
0.2 miles
Shell
Shops & Services
6,131 visits/mo
0.3 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.
Similar Off Market Nearby
- Barrington Plaza — 334 Stockbridge Rd, Great Barrington, MA 01230
Frequently Asked Questions
What type of property is this?
Shopping center - Established occupants and on-site parking support a diversified retail operation in Great Barrington.
Where is this shopping center located?
The property is located at 325 Stockbridge Rd Great Barrington, MA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Four‑building shopping center with five rental spaces; Established tenants provide existing rental income; Built in 2002
