5 & 7 Hoosac Adams, MA 01220

Building Details

Year Built

1900

Listing agency WILLIAM PITT SOTHEBY'S - LENOX

Listed by Richard G. Aldrich Show Phone

Source Barnbrookrealty

Added: May 14 Updated: Jul 21 at 4:08PM Checked: Jul 21 at 4:08PM

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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 - LENOX

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Investment Insights

Based on property information with market context.

This offering presents a residential condominium development opportunity within a proposed mixed-income, multi-family complex at the Spinning Mill. The site includes two separately deeded abutting parcels featuring 2- and 3-story mill buildings totaling 225,189 sf. The largest building, the Spinning Mill at 7 Hoosac St., is currently vacant, while the Cotton Mill at 5 Hoosac St. is currently used for storage. The proposed development calls for 212 to 219 units depending on architect’s design, with all units to be separately metered.

The property also notes that the owner has received preliminary approvals for State and Federal Historical Tax Credits, and local approvals are in place.

As currently structured, the development plan is tied to the two existing mill buildings on the consolidated 8.04-acre site and supports individualized unit metering for the planned residential condominium units.

Key Highlights

• Two adjacent mill buildings totaling 225,189 sf on an 8.04‑acre site across two separately deeded abutting parcels
• Spinning Mill at 7 Hoosac St. offers 182,790 sf and is currently vacant
• Cotton Mill at 5 Hoosac St. provides 42,399 sf and is currently used for storage

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FAQs

What type of property is this?

Apartment building - Two adjacent mill buildings total 225,189 sf on an 8.04-acre site, with proposed mixed-income multifamily units.

Where is this apartment building located?

The property is located at 5 & 7 Hoosac Adams, MA.

What is the asking price?

The asking price for this property is $4,950,000.

What are key features of this property?

This property features: Two adjacent mill buildings totaling 225,189 sf on an 8.04‑acre site across two separately deeded abutting parcels; Spinning Mill at 7 Hoosac St. offers 182,790 sf and is currently vacant; Cotton Mill at 5 Hoosac St. provides 42,399 sf and is currently used for storage