451 Dalton Ave, Pittsfield, MA 01201
One-acre site with restaurant, suitable for retail or redevelopment.
- Added:
- Feb 21, 2023
- Days on Market:
- 1231
- Last Refresh:
- May 19 at 9:06 pm
Property Features for 451 Dalton Ave
General Information
- Standard status
- Active
- Size
- 5,847 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Listing office Vanguard-Fine LLC (518) 862-0861
Listing date Feb 21, 2023
Source Crexi
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 Vanguard-Fine LLC
HighLights
- Approximately one acre site with great access and visibility.
- Operating family restaurant with all restaurant FFE available.
- Adjacent to Dalton Avenue Plaza in Pittsfield.
- Suitable for QST, gas and convenience store, car wash, free standing retail, medical or small office.
- High traffic location.
- Existing infrastructure for a restaurant.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $126.3k | $21.60 |
| − Vacancy | −$5.3k | −$0.91 |
| EGI | $121.0k | $20.69 |
| − OpEx | −$30.2k | −$5.17 |
| NOI | $90.7k | $15.52 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Grand Buffet Star — 61 Cheshire Rd, Pittsfield, MA 01201
Location Insight
- Map
- Local Demand
- City
- Pittsfield
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.2149055
- Latitude
- 42.4636603