2 Oak St West Stockbridge, MA 01266-9504
- Motels
- 9,858 SF
- 1.70 lot acres
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 2 Oak St
- Lot size
- 1.70 lot acres
- Property size
- 9,858 SF
- Zone code
- C
- Property type
- Motels
- APN
- WSTO M:104 B:00000 L:0038
- APU
- WSTOM104B00000L0038
Description
This charming, historic West Stockbridge, Massachusetts bed and breakfast, the Shaker Mill Inn, is nestled on 1.7 acres and offers nine spacious guest rooms and suites, many featuring kitchenettes or full kitchens, fireplaces, and private patios, decks, or balconies. The inn is family- and pet-friendly, with connecting rooms and sofa beds available to accommodate families comfortably. Its prime location places it minutes from Tanglewood, the summer home of the Boston Symphony Orchestra, and other major Berkshires attractions. Local shops, restaurants, and cultural venues are also within easy reach. The inn's convenient location allows guests easy access to outdoor activities year-round, including nearby ski resorts in the winter and hiking and cultural events in the warmer months. A recently renovated third-floor apartment, complete with an open floor plan, living room, large eat-in kitchen, bedroom, private deck, and bathroom, provides comfortable living quarters for owners or managers. The apartment also features a new HVAC system. A ground-floor utility and prep room includes laundry equipment, refrigeration, a sink, storage, and mechanicals. The entire property is equipped with heat, smoke, and carbon monoxide detectors. The asking price for this exceptional opportunity is $1,550,000.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $995,000
- 6.5%
- $920,000
- 7%
- $855,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,041,000
- AI Estimate
- $723,000
Market price range: $830k - $2.05MMarket price range: $414k - $1.45M -
Alternative Use
- Use
- Estimation
- HOTEL/MOTEL
- $1,310,000 Current use
- RETAIL STORES
- $1,415,000 Change: +8% Conversion: Difficult
- OFFICE BUILDING
- $1,375,000 Change: +5% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,280,000 Change: -2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,225,000 Change: -6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- West Stockbridge
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.3705
- Latitude
- 42.3354
- CBSA code
- 38340
- CBSA name
- PITTSFIELD, MA METROPOLITAN STATISTICAL AREA