Building Details

Building Size 4,700 SF

Year Built 1978

Stories 2

Listing Agency: Paula McLean Realtors

Listed By: Paula J. McLean Show Phone

Source: Mclean-realtors

Added: Jun 23 Changed: Oct 29 Last Checked: Oct 29 at 2:45PM

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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 Paula McLean Realtors

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mixed-use property contains 4,700 square feet, with more than 4,200 square feet of main-floor space arranged as a front retail area, side rooms, and a substantial workshop. The second floor provides office and storage space. Town water and sewer serve the property, and a private parking lot is included.

The building is situated between the West Stockbridge Post Office and TurnPark Art Space, with access to I-90, the New York state line, and Tanglewood in the surrounding area. The property is offered for purchase or lease-to-own.

Key Highlights

• 4,700 square feet of property, including more than 4,200 square feet on the main floor
• Main‑floor configuration includes a retail area, side rooms, and a workshop
• Second‑floor office and storage space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$56,733

Cap Rate

7.56%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,134,660 $1.1M

Cap Rate 7%

$810,471 $810.5K

Cap Rate 9%

$630,367 $630.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,700 SF

Gross rent

$84.6K $18.00/SF

− Vacancy

−$3.6K −$0.76/SF

EGI

$81.0K $17.24/SF

− OpEx

−$24.3K −$5.17/SF

NOI

$56.7K $12.07/SF

Area

Berkshire County, MA

Vacancy

4.20%

Lease Rate

$18.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,134,660

Cap Rate 7%

$810,471

Cap Rate 9%

$630,367

Alternative Uses

Best Use

Retail

$810.5K

$709.2K – $945.6K (±1% cap)

NOI $56,733 @ 7.0% cap · market cap 7.56%

Second Best

Mixed Use

$679.8K

$594.9K – $793.1K (±1% cap)

NOI $47,588 @ 7.0% cap · market cap 6.35%

Theoretical Best

Office A

$1.38M

$1.20M – $1.61M (±1% cap)

NOI $96,331 @ 7.0% cap · market cap 12.84%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Plumbing Service Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

1k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Berkshire Bank Shops & Services

1,005 visits/mo 0.0 miles

Demographics for 01266, MA

1,208

Population

798

Households

1.5

Avg Household Size

54

Median Age

73%

College-Educated

95%

High-School Grad

20.2 sq mi

ZIP Area

60

Density / Sq Mi

$98,828

Median Household Income

$42,438

Median Earnings

$1,471

Median Rent

$481,600

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - A second-floor office and storage area complements the main-floor commercial space.

Where is this mixed-use property located?

The property is located at 8 Center St West Stockbridge, MA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 4,700 square feet of property, including more than 4,200 square feet on the main floor; Main‑floor configuration includes a retail area, side rooms, and a workshop; Second‑floor office and storage space