457 Dalton Ave Pittsfield, MA 01201
This exceptional 77,820-square-foot regional shopping center, located at 457 Dalton Ave in Pittsfield, Massachusetts (01201), presents a compelling investment opportunity. The property boasts a strong 6.86% capitalization rate and a substantial net operating income (NOI) of $628,128. Currently, the center is anchored by a significant 33,000-square-foot Big Lots store, providing excellent stability and drawing power. An additional 30,000 square feet of space is leased to a local medical group, further diversifying the tenant mix and ensuring consistent revenue streams. The asking price for this well-positioned asset is $9,150,000, translating to a price per square foot of $117.58. Situated on a 6-acre lot, the center offers ample parking for customers and employees, contributing to its high traffic counts and overall appeal. The property benefits from an assumable mortgage, streamlining the acquisition process for potential buyers. This prime retail location in Berkshire County provides exceptional visibility and accessibility, making it an ideal investment for those seeking a stable, high-performing commercial property with significant upside potential. The property's size and established tenant base make it a particularly attractive opportunity in the competitive Pittsfield 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
Similar Nearby for Lease
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.