497 Northfield Rd, Bernardston, MA 01337
This exceptional 8,619 square foot motel, situated on a 6.6-acre lot in Bernardston, Massachusetts (zip code 01337), presents a lucrative investment opportunity. Built in 1980 and completely renovated in 2023, the property boasts 16 newly remodeled guest rooms, ensuring immediate rental income. A significant advantage is the inclusion of a fully renovated two-bedroom apartment, perfect for an on-site manager or additional rental income. The property's versatile kitchen area, previously utilized as a restaurant, offers exciting possibilities for expansion and diversification. The motel's exterior has also undergone recent upgrades, enhancing its curb appeal and attracting more guests. Its strategic location near major highways provides easy access for travelers, while proximity to local attractions, snowmobile trails, and walking paths caters to a broad range of visitors. The property is zoned B, offering flexibility for future development. With 16 beds, the asking price is $817,000, translating to $94.79 per square foot and $51,062.50 per bed. This turnkey operation is ready for a new owner to capitalize on its established success and significant growth potential within the hospitality sector. The property's strong location and recent renovations make it an attractive investment for those seeking a profitable venture in the thriving Massachusetts market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.