Prime Retail/Office Space
39 Railroad St, Great Barrington, MA 01230
For Sale
$1,150,000
Two-story building in vibrant location, ideal for retail/office.
Property Size3,350 SF
Price / SF$343.28
Days on Market289
Property Features for 39 Railroad St
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
COMPASS MASSACHUSETTS , LLC GB
Listed By:
Timothy Lovett · License MA #9036091
(413) 446-0059
Source:
413realestate
Added: Jan 26
Changed: Nov 5
Last Checked: Nov 8 at 3:11AM
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 COMPASS MASSACHUSETTS , LLC GB
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story property, complete with a full basement, is located at the top of Railroad Street. The location offers high visibility in a busy area, making it suitable for retail stores, restaurants, cafes, or office spaces. The building features high ceilings and windows on three sides, providing natural light and an open atmosphere. This property presents an opportunity to establish a business in Great Barrington.
Key Highlights
- Exceptional visibility on vibrant Railroad Street in a bustling location.
- Ideal for retail, restaurants, cafes, or office spaces.
- Two spacious stories and a full basement provide ample room.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,991
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,820
$1.0M
Cap Rate 7%
$742,729
$742.7K
Cap Rate 9%
$577,678
$577.7K
Market Conditions
NOI Build-Up for 3,350 SF
Gross rent
$72.4K $21.60/SF
− Vacancy
−$3.0K −$0.91/SF
EGI
$69.3K $20.69/SF
− OpEx
−$17.3K −$5.17/SF
NOI
$52.0K $15.52/SF
Area
Berkshire County, MA
Vacancy
4.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,820
Cap Rate 7%
$742,729
Cap Rate 9%
$577,678
Alternative Uses
Best Use
Specialty Retail
$742.7K
$649.9K – $866.5K
NOI $51,991 @ 7.0% cap · market cap 4.52%
Second Best
Office B
$623.3K
$545.4K – $727.2K
NOI $43,633 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$980.9K
$858.3K – $1.14M
NOI $68,662 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
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
$479,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in Berkshire County, MA
Properties on Market for Retail space in Berkshire County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Two-story building in vibrant location, ideal for retail/office.
Where is this retail space located?
The property is located at 39 Railroad St Great Barrington, MA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Exceptional visibility on vibrant Railroad Street in a bustling location.; Ideal for retail, restaurants, cafes, or office spaces.; Two spacious stories and a full basement provide ample room.
