Warehouse with Loading
395 North Park St, Great Barrington, MA 01230
For Sale
$735,000
Separate office space and garage/shop areas complement the warehouse floor and support a range of industrial configurations.
Property Size6,833 SF
Price / SF$107.57
Days on Market233
Property Features for 395 North Park St
General Information
Standard status
Size
Property subtype
Additional Details
Warehouse Space
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Listing Agency:
WILLIAM RAVEIS - BERKSHIRE
Listed By:
Claire Naylor Pollart · License #9561898
(917) 971-9829
Source:
Mclean-realtors
Added: Mar 21
Changed: Nov 7
Last Checked: Nov 7 at 9:35PM
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
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Investment Insights
Based on property information with market context.
This 6,833-square-foot brick warehouse, built in 1900, includes high ceilings, three updated bathrooms, separate offices, and garage/shop areas. Building updates and a newer roof are among the existing improvements. Loading docks and on-site parking serve the property, which spans two lots; the stated acreage includes both parcels. The building also offers river views.
Dining, parks, and cultural attractions are located nearby. The property’s layout combines warehouse space with office and shop areas.
Dining, parks, and cultural attractions are located nearby. The property’s layout combines warehouse space with office and shop areas.
Key Highlights
- 6,833‑square‑foot brick warehouse built in 1900
- High ceilings, loading docks, and on‑site parking
- Three updated bathrooms; newer roof and building updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,934
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,680
$958.7K
Cap Rate 7%
$684,771
$684.8K
Cap Rate 9%
$532,600
$532.6K
Market Conditions
NOI Build-Up for 6,833 SF
Gross rent
$61.5K $9.00/SF
− Vacancy
−$5.1K −$0.75/SF
EGI
$56.4K $8.25/SF
− OpEx
−$8.5K −$1.24/SF
NOI
$47.9K $7.02/SF
Area
Berkshire County, MA
Vacancy
8.30%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,680
Cap Rate 7%
$684,771
Cap Rate 9%
$532,600
Alternative Uses
Best Use
Warehouse
$684.8K
$599.2K – $798.9K
NOI $47,934 @ 7.0% cap · market cap 6.52%
Second Best
Industrial
$534.9K
$468.1K – $624.1K
NOI $37,446 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,049 @ 7.0% cap · market cap 19.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
110
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Warehouse - Separate office space and garage/shop areas complement the warehouse floor and support a range of industrial configurations.
Where is this warehouse located?
The property is located at 395 North Park St Great Barrington, MA.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 6,833‑square‑foot brick warehouse built in 1900; High ceilings, loading docks, and on‑site parking; Three updated bathrooms; newer roof and building updates
