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Property profile & analytics
OFF-MARKET
Office Spaces

168 Main St Great Barrington, MA 01230

6,121 SF 0.48 ac lot Built 1900
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Year built 1900
Total area 6,121 SF
Lot 0.48 ac (20,909 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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