Property profile

490 Pittsfield Lenox Rd Lenox, MA 01240

OFF-MARKET
Retail properties & Spaces
4,000 SF Built 2000
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Property summary

AI-generated overview

This exceptional 4,000-square-foot freestanding retail building presents a unique investment opportunity in the thriving Lenox, MA market. Situated on a 0.64-acre lot at a signalized intersection on heavily trafficked Pittsfield Lenox Road (Route 20), this property boasts unparalleled visibility and accessibility. Built in 2000 and extensively renovated in 2020, the building is in excellent condition and ready for immediate occupancy. The entire 4,000 square feet is currently vacant, offering a blank canvas for a variety of uses. The C-1A zoning allows for a wide range of retail and commercial ventures, making it ideal for a drive-thru coffee shop, quick-service restaurant, or other retail/medical establishment seeking to serve the southern Pittsfield and Lenox communities. The property's strategic location ensures high traffic volume and excellent exposure, providing a strong foundation for business success. Its modern design and recent renovations minimize upfront capital expenditures, allowing for a swift and efficient launch of operations. This is a rare opportunity to acquire a prime retail space in a desirable location with significant growth potential. The property is located in Berkshire County, Massachusetts, with a zip code of 01240.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2000
Total area 4,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

490 Pittsfield Lenox Rd Lenox, MA 01240
Lenox metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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