Cocktail Lounge with
For Sale
$180,000
47 Railroad St, Great Barrington, MA 01230
Existing lease accompanies a cocktail lounge operation with furnishings, fixtures, and service equipment.
Property Size900 SF
Price / SF$200
Days on Market49
Property Features for 47 Railroad St
General Information
Standard status
Active
Size
900 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Building Details
Building Size
900 SF
Listing Agency:
COMPASS MASSACHUSETTS , LLC GB
Listed By:
Jen Harvey · License #9505718
(413) 446-8489
Source:
413realestate
Added: Aug 1
Changed: Sep 12
Last Checked: Sep 18 at 4:13AM
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
Investment Insights
Based on property information with market context.
This 900 SF cocktail lounge at 47 Railroad St in Great Barrington accommodates up to 48 guests. The sale includes the operating furnishings, fixtures, and equipment needed for the current setup, including refrigerators, a POS system, and music equipment. An existing lease is in place for the premises.
The business is positioned on Railroad St, a pedestrian-oriented commercial street in Great Barrington. The current owners can provide instruction on operating the business if needed, supporting a transition that retains the existing setup and operating knowledge. The offering combines a furnished lounge space with established bar-related equipment and an existing lease.
The business is positioned on Railroad St, a pedestrian-oriented commercial street in Great Barrington. The current owners can provide instruction on operating the business if needed, supporting a transition that retains the existing setup and operating knowledge. The offering combines a furnished lounge space with established bar-related equipment and an existing lease.
Key Highlights
- 900 SF cocktail lounge at 47 Railroad St
- Seating capacity of up to 48 people
- Fridges, POS, and music systems included
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
$13,968
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
7.76%
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%
$279,360
$279.4K
Cap Rate 7%
$199,543
$199.5K
Cap Rate 9%
$155,200
$155.2K
Market Conditions
NOI Build-Up for 900 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
$19.4K $21.60/SF
− Vacancy
−$816 −$0.91/SF
EGI
$18.6K $20.69/SF
− OpEx
−$4.7K −$5.17/SF
NOI
$14.0K $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 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%
$279,360
Cap Rate 7%
$199,543
Cap Rate 9%
$155,200
Alternative Uses
Best Use
Specialty Retail
$199.5K
$174.6K – $232.8K
NOI $13,968 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
26k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Hotels & Casinos 5%
Cumberland Farms
Shops & Services
10,539 visits/mo
0.3 miles
Dollar General
Shops & Services
4,821 visits/mo
0.2 miles
Berkshire Bank
Shops & Services
4,215 visits/mo
0.1 miles
TD Bank
Shops & Services
3,110 visits/mo
0.1 miles
NBT Bank
Shops & Services
2,106 visits/mo
0.2 miles
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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Similar Off Market Nearby
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- Aroma Bar and Grill — 485 Main St, Great Barrington, MA 01230
- Miller's Pub — 280 Main St, Great Barrington, MA 01230
- Mooncloud — 47 Railroad St, Great Barrington, MA 01230
- Lucy’s Rendezvous — 268 Main St, Great Barrington, MA 01230
Frequently Asked Questions
What type of property is this?
Bar & Pub - Existing lease accompanies a cocktail lounge operation with furnishings, fixtures, and service equipment.
Where is this bar & pub located?
The property is located at 47 Railroad St Great Barrington, MA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 900 SF cocktail lounge at 47 Railroad St; Seating capacity of up to 48 people; Fridges, POS, and music systems included
