Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    866 Cold Spring Rd Williamstown, MA 01267

    Sponsored
    For Sale
    $4,250,000

    Historic Berkshires Inn, 37 Keys, Development Potential

    Property size:
    11,089 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This iconic 17-acre Williamstown, MA property, the 1896 House Country Inn & Pub, presents a unique investment opportunity. The property includes three buildings totaling 11,089 to 13,600 square feet, featuring 37 guest rooms and suites, a three-bedroom owner's suite, a historic restaurant and tavern. Built in 1896 and renovated in 2021, the inn boasts a prime location near Williams College, Williamstown Theatre Festival, Clark Art Institute, and Chapin Library. The extensive grounds include streams, ponds, and rolling hills, creating a picturesque setting for a four-season destination. The property offers significant development potential for additional guest rooms, residential units, or commercial space, capitalizing on the area's thriving tourism and recreational activities. With a current NOI of $527,625 and a 12.41% cap rate (8.50% pro-forma), this property presents a compelling investment opportunity in a highly desirable location. The property is zoned commercial and offers easy access to numerous attractions, including Tanglewood, MassMoCA, Jiminy Peak Ski Resort, Mount Greylock, and the Mohawk Trail. This is a rare chance to acquire a well-established hospitality business with substantial growth potential in the heart of the Berkshires. The asking price is $4,250,000.

    Property Features for 866 Cold Spring Rd

    General Information

    Property type
    Motels
    Square Feet
    11,089 SF
    Lot Size
    740,520 SF

    Building Details

    Year Built/Renovated
    1896/2021
    Buildings
    3

    HighLights

    • $4,250,000 asking price for a 17‑acre hospitality property in Williamstown, MA.
    • Prime Williamstown location near Williams College, Williamstown Theatre, Clark Institute, and Chapin Library.
    • 17+ acres of scenic grounds with streams, ponds, and rolling hills.
    • Year‑round recreational opportunities including access to music, theatre, art, golf, skiing, and hiking.
    • 36 guest rooms & suites, a 3‑bedroom owner's suite, and a historic restaurant/tavern.
    • Development potential for additional guest rooms, residential units, and commercial space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Motels

    Suggested Use

    Restaurant Hotel & Motel Daycare Center Bakery Pawn Shop Tailor Shop Catering Service Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamstown
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2251486
    Latitude
    42.6950233

    Nearby Comparable

    • $4,250,000
      17.00 Acres

      910 Cold Spring Rd, Williamstown, MA 01267

      Commercial real estate • 17.00 Acres
      910 Cold Spring Rd, Williamstown, MA 01267
      View Details
    • $545,000
      1,166 SF

      Restored Mill Residences with Amenities

      Restored mill homes with modern amenities near Williams College.
      160 Water St, Williamstown, MA 01267
      View Details
    • $495,000
      1,296 SF

      Restored Mill Residences with Modern Amenities

      Restored mill homes near Williams College with modern amenities.
      160 Water St, Williamstown, MA 01267
      View Details
    • $1,853,000
      10 SF

      Retail Center with National Tenants

      Two-tenant retail center on 1.69 acres with Dollar General and Subway.
      384 Main St, Williamstown, MA 01267
      View Details
    • $275,000
      Pending

      Prime Commercial Property on Rte 7

      Commercial property on Rte 7 with high visibility and potential.
      824 Simonds Rd, Williamstown, MA 01267
      View Details
    • $3,500,000

      Green Mountain Development Land

      Prime VT location, vast potential.
      7012 Us-7, Pownal, VT 05261
      View Details
    • $240,000

      Pownal Trailer Park for Sale

      Trailer park with 18 units, public water and sewer.
      60 Lincoln St, Pownal, VT 05261
      View Details
    • $250,000
      2,664 SF

      Rented Triplex in North Adams

      Fully rented triplex near shops, restaurants, and cultural attractions.
      86 W Main St Ext, Clarksburg, MA 01247
      View Details
    • $145,000
      1,970 SF

      Charming Farmhouse on Wooded Acreage

      Farmhouse on 12 acres in Petersburgh, NY. Sold as is.
      367 Jones Hollow Rd, Petersburgh, NY 12138
      View Details
    • $279,900

      Renovated Two-Family Home

      Income-producing two-family home with recent renovations and tenant occupancy.
      33-35 Hall St, North Adams, MA 01247
      View Details
    • $189,950
      3,710 SF

      Income-Producing Multifamily Property

      Multifamily property offering income-producing investment potential in North Adams, MA.
      11-15 Perry St, North Adams, MA 01247
      View Details

    Nearby Similar for Sale

    • $275,000
      Pending

      Prime Commercial Property on Rte 7

      Commercial property on Rte 7 with high visibility and potential.
      824 Simonds Rd, Williamstown, MA 01267
      View Details
    • $495,000
      1,296 SF

      Restored Mill Residences with Modern Amenities

      Restored mill homes near Williams College with modern amenities.
      160 Water St, Williamstown, MA 01267
      View Details
    • $545,000
      1,166 SF

      Restored Mill Residences with Amenities

      Restored mill homes with modern amenities near Williams College.
      160 Water St, Williamstown, MA 01267
      View Details
    • $1,853,000
      10 SF

      Retail Center with National Tenants

      Two-tenant retail center on 1.69 acres with Dollar General and Subway.
      384 Main St, Williamstown, MA 01267
      View Details
    • $4,250,000
      17.00 Acres

      910 Cold Spring Rd, Williamstown, MA 01267

      Commercial real estate • 17.00 Acres
      910 Cold Spring Rd, Williamstown, MA 01267
      View Details

    FAQs

    What type of property is this?
    Motel - Historic Berkshires Inn, 37 Keys, Development Potential
    Where is this motel located?
    The property is located at 866 Cold Spring Rd Williamstown, MA.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: $4,250,000 asking price for a 17-acre hospitality property in Williamstown, MA.; Prime Williamstown location near Williams College, Williamstown Theatre, Clark Institute, and Chapin Library.; 17+ acres of scenic grounds with streams, ponds, and rolling hills.
    Request Owner's contact information
    866 Cold Spring Rd Williamstown, MA 01267
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    866 Cold Spring Rd
    Williamstown, MA 01267
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    866 Cold Spring Rd Williamstown, MA 01267
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.