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    OFF-MARKET
    Retail properties & Spaces

    490 Pittsfield Lenox Rd, Lenox, MA 01240

    4,000 SF Built 2000
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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