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168 Main St Great Barrington, MA 01230

Sponsored
For Sale
$1,300,000

High-Cap Rate, Multi-Tenant Office

Property size:
6,121 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional Class A, multi-tenant office building in downtown Great Barrington, MA, presents a compelling investment opportunity. The 6,121 square foot property, built in 1900 and situated on a 0.48-acre lot, boasts a 7.08% cap rate and a net operating income (NOI) of $92,067. Currently 100% occupied by four franchisee tenants under a triple-net (NNN) lease, this turnkey investment offers long-term stability and significant upside potential. The building features two stories, updated utilities, and well-maintained interiors with high ceilings, diverse flooring (wood, tile, and carpet), and exposed beams in the upper units. Its prime location on Main Street provides excellent visibility and ample off-street parking. The asking price is $1,300,000, translating to $212.38 per square foot and $325,000 per unit. This property is ideal for investors seeking a stable, high-performing asset in a thriving downtown location. The building's attractive features, coupled with its strong tenant base and desirable location, make it a truly exceptional investment opportunity. Within walking distance of all downtown amenities, this property offers a blend of historical charm and modern functionality.

Property Features for 168 Main St

General Information

Property type
Medical offices
Square Feet
6,121 SF
Class
A
Lot Size
20,909 SF

Building Details

Year Built
1900
Buildings
1
Stories
2
Units
4

HighLights

  • $1,300,000 asking price for a 6,121 square foot Class A office building.
  • Net lease investment opportunity with a 7.08% cap rate and $92,067 annual NOI.
  • 100% occupancy with four NNN tenants, including a franchisee.
  • Located at 168 Main St, Great Barrington, MA 01230, on a 0.48‑acre lot.
  • Two‑story building, built in 1900, offering creative, executive, and medical office spaces.
Property Profile Location Intelligence

Current Use by Public Records

Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Great Barrington
County
Berkshire
State
Massachusetts
Longitude
-73.361233863469
Latitude
42.198136532226

FAQs

What type of property is this?
Medical office - High-Cap Rate, Multi-Tenant Office
Where is this medical office located?
The property is located at 168 Main St Great Barrington, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: $1,300,000 asking price for a 6,121 square foot Class A office building.; Net lease investment opportunity with a 7.08% cap rate and $92,067 annual NOI.; 100% occupancy with four NNN tenants, including a franchisee.
More about this property
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