168 Main St Great Barrington, MA 01230

Property Details for 168 Main St

Year built

1900

Lot size

0.48 lot acres

Property size

6,121 SF

Property type

Office Properties & Spaces

Property subtype

Medical offices

Description

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.

Location Insight

City

Great Barrington

County

Berkshire

State

Massachusetts

Longitude

-73.3612

Latitude

42.1981