Mixed-Use
406 Main St, Great Barrington, MA 01230
For Sale
$950,000
B2 zoning supports residential, office, and live-work configurations across two finished levels.
Property Size5,180 SF
Price / SF$183.40
Days on Market95
Property Features for 406 Main St
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
www.HomeZu.com
Listed By:
Jason Saphire · License #9086666
(877) 249-5478
Source:
Mclean-realtors
Added: Aug 5
Changed: Nov 6
Last Checked: Nov 6 at 3:01PM
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 www.HomeZu.com
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Investment Insights
Based on property information with market context.
The 5,180-square-foot building has two finished floors, one full bathroom, and four powder rooms. Its B2 zoning allows single-family or multi-unit residential use, as well as live-work conversion. No sprinkler system is required for up to three residential units.
At 406 Main Street in Great Barrington, the property is steps from Main Street shops and restaurants.
At 406 Main Street in Great Barrington, the property is steps from Main Street shops and restaurants.
Key Highlights
- 5,180 square feet across two finished floors
- B2 zoning permits single‑family, multi‑unit, and live‑work configurations
- No sprinkler system required for up to 3 residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,468
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,360
$1.3M
Cap Rate 7%
$963,829
$963.8K
Cap Rate 9%
$749,644
$749.6K
Market Conditions
NOI Build-Up for 5,180 SF
Gross rent
$111.9K $21.60/SF
− Vacancy
−$21.9K −$4.23/SF
EGI
$90.0K $17.37/SF
− OpEx
−$22.5K −$4.34/SF
NOI
$67.5K $13.02/SF
Area
Berkshire County, MA
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,349,360
Cap Rate 7%
$963,829
Cap Rate 9%
$749,644
Alternative Uses
Best Use
Office B
$963.8K
$843.4K – $1.12M
NOI $67,468 @ 7.0% cap · market cap 7.10%
Second Best
Mixed Use
$749.3K
$655.6K – $874.1K
NOI $52,448 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,169 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - B2 zoning supports residential, office, and live-work configurations across two finished levels.
Where is this mixed-use property located?
The property is located at 406 Main St Great Barrington, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5,180 square feet across two finished floors; B2 zoning permits single‑family, multi‑unit, and live‑work configurations; No sprinkler system required for up to 3 residential units
