Downtown Mixed-Use Property with
43 Main St, Egremont, MA 01258
For Sale
$699,000
Two-level property combines a private apartment with adaptable commercial space, a garage, and views toward a year-round brook.
Property Size4,127 SF
Price / SF$169.37
Days on Market53
Property Features for 43 Main St
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
WILLIAM PITT SOTHEBY'S - GT BARRINGTON
Listed By:
Jessie Bennett · License #9570019
(954) 805-6480
Source:
413realestate
Added: Sep 16
Changed: Oct 26
Last Checked: Nov 6 at 5:54AM
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 PITT SOTHEBY'S - GT BARRINGTON
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1880, this 4,127-square-foot mixed-use property has distinct first- and second-floor spaces. The upper level is arranged as a private apartment with finished living quarters and views across the brook and grounds. The first floor is currently residential but can accommodate commercial-oriented uses such as an art gallery, retail boutique, or other enterprise, subject to applicable requirements. A garage adds enclosed space for parking, storage, or workshop use.
The property is located downtown in Egremont at 43 Main St and includes a private backyard overlooking a year-round brook. Multi zoning is identified for the property.
The property is located downtown in Egremont at 43 Main St and includes a private backyard overlooking a year-round brook. Multi zoning is identified for the property.
Key Highlights
- 4,127‑square‑foot mixed‑use property built in 1880
- Two‑floor layout with a private second‑floor apartment
- First‑floor space currently configured as a residential apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,570
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,400
$1.2M
Cap Rate 7%
$879,571
$879.6K
Cap Rate 9%
$684,111
$684.1K
Market Conditions
NOI Build-Up for 4,127 SF
Gross rent
$89.1K $21.60/SF
− Vacancy
−$1.2K −$0.29/SF
EGI
$88.0K $21.31/SF
− OpEx
−$26.4K −$6.39/SF
NOI
$61.6K $14.92/SF
Area
Berkshire County, MA
Vacancy
1.33%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,400
Cap Rate 7%
$879,571
Cap Rate 9%
$684,111
Alternative Uses
Best Use
Multifamily LT 5
$879.6K
$769.6K – $1.03M
NOI $61,570 @ 7.0% cap · market cap 8.81%
Second Best
Apartment 5plus
$805.7K
$705.0K – $940.0K
NOI $56,399 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,587 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 01258, MA
160
Population
213
Households
0.8
Avg Household Size
57
Median Age
42%
College-Educated
96%
High-School Grad
22.3 sq mi
ZIP Area
7
Density / Sq Mi
$127,813
Median Household Income
$45,156
Median Earnings
$593,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a private apartment with adaptable commercial space, a garage, and views toward a year-round brook.
Where is this mixed-use property located?
The property is located at 43 Main St Egremont, MA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 4,127‑square‑foot mixed‑use property built in 1880; Two‑floor layout with a private second‑floor apartment; First‑floor space currently configured as a residential apartment
