Four-Building Shopping
For Sale
$2,875,000
325 Stockbridge Rd, Great Barrington, MA 01230
Commercial Sale, Great Barrington, MA
Property Size14,000 SF
Lot Size1.50 Acres
Price / SF$205.36
Days on Market96
Property Features for 325 Stockbridge Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking
35
Parking features
Off Street
Interior features
Air Cond, Handicap Access
Basement
Unfinished, Concrete
Accessibility
Accessible Approach with Ramp
Lot features
Shared Drive, Irregular Shape
Directions
Along Route 7 - Stockbridge Road Directly across from Price Chopper Plaza / McDonald's
Subdivision
South Registry
Standard status
Active
APN
GREA M:008.0 B:0000 L:0004.0
Size
14,000 SF
Lot size
1.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
32042
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Water source
Private
Amenities
ample on-site parking
Building Details
Year built
2002
Number of units
5
Building materials
Wood Frame, Fiberglass
Roof type
Asphalt
Listing Agency:
FAIRGROUND REAL ESTATE, INC
(413) 717-0276
Listed By:
Eric Steuernagle · License #9528781
(413) 528-1849
Added: Jun 23
Changed: Sep 12
Last Checked: Sep 26 at 2:06AM
MLS# 250019
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 14,000-square-foot shopping center comprises four buildings and five rental spaces on 1.5 acres. Established tenants are in place, creating a diversified occupancy profile across the property. Improvements include air conditioning, a basement, wood-frame and fiberglass construction, an asphalt roof, and off-street parking. The site also features an accessible approach with ramp, public sewer, private water, and cable availability.
The property is located on Stockbridge Road in Great Barrington, with access to I-90 and regional routes. Nearby retail and service anchors, along with dining, tourism, and regional services in the surrounding area, contribute to the established commercial setting. The property’s configuration includes multiple buildings and rental spaces within a single retail center.
The property is located on Stockbridge Road in Great Barrington, with access to I-90 and regional routes. Nearby retail and service anchors, along with dining, tourism, and regional services in the surrounding area, contribute to the established commercial setting. The property’s configuration includes multiple buildings and rental spaces within a single retail center.
Key Highlights
- 14,000 square feet across four buildings and five rental spaces
- 1.5‑acre retail property on Stockbridge Road in Great Barrington, MA
- Established tenants in place across a diversified five‑space configuration
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
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Shopping center - Established occupants span five rental spaces with on-site parking and regional-route access.
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: 14,000 square feet across four buildings and five rental spaces; 1.5‑acre retail property on Stockbridge Road in Great Barrington, MA; Established tenants in place across a diversified five‑space configuration
