Mixed-Use Property with Office
789 Main St, Great Barrington, MA 01230
For Sale
$475,000
Ground-floor office and retail space includes private offices, meeting space, and on-site parking.
Property Size2,560 SF
Price / SF$185.55
Days on Market130
Property Features for 789 Main St
General Information
Standard status
Size
Property subtype
Space & Availability
Floor
Condition
Additional Details
Mixed-Use Components
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
WILLIAM RAVEIS - BERKSHIRE
Listed By:
Mark Rosengren · License #9562375
(413) 329-0049
Source:
Mclean-realtors
Added: Jul 1
Changed: Nov 6
Last Checked: Nov 6 at 1:38PM
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
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.
This 2,560-square-foot mixed-use property combines office and retail space with ground-floor entry. The layout includes a reception area, conference room, 6+ offices, and two half bathrooms, one with ADA accessibility. A truss roof allows the interior to be reconfigured. Built in 1990, the property also offers on-site parking and access from Route 7 in Great Barrington.
Key Highlights
- 2,560 square feet of office and retail space
- Ground‑floor access with reception and conference areas
- 6+ offices and two half bathrooms, including one with ADA accessibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,343
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$666,860
$666.9K
Cap Rate 7%
$476,329
$476.3K
Cap Rate 9%
$370,478
$370.5K
Market Conditions
NOI Build-Up for 2,560 SF
Gross rent
$55.3K $21.60/SF
− Vacancy
−$10.8K −$4.23/SF
EGI
$44.5K $17.37/SF
− OpEx
−$11.1K −$4.34/SF
NOI
$33.3K $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%
$666,860
Cap Rate 7%
$476,329
Cap Rate 9%
$370,478
Alternative Uses
Best Use
Office B
$476.3K
$416.8K – $555.7K
NOI $33,343 @ 7.0% cap · market cap 7.02%
Second Best
Mixed Use
$370.3K
$324.0K – $432.0K
NOI $25,920 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$749.6K
$655.9K – $874.5K
NOI $52,470 @ 7.0% cap · market cap 11.05%
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
2
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor office and retail space includes private offices, meeting space, and on-site parking.
Where is this mixed-use property located?
The property is located at 789 Main St Great Barrington, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,560 square feet of office and retail space; Ground‑floor access with reception and conference areas; 6+ offices and two half bathrooms, including one with ADA accessibility
