168 Main St Great Barrington, MA 01230
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.
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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.