18 1St St Pittsfield, MA 01201
- Turn key restaurants
- 3,256 SF
- 0.47 lot acres
Current Use by Public Records
- Dunkin' / Fast Food Restaurant / Takeout Restaurant
Property Details for 18 1St St
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 0.47 lot acres
- Property size
- 3,256 SF
- Zone code
- DCD
- Property type
- Turn key restaurants
- APN
- PITT M:H09 B:0013 L:101
- APU
- PITTMH09B0013L101
Description
This exceptional retail opportunity presents approximately 800 square feet of immediately available space at 18 First Street in the heart of downtown Pittsfield, Massachusetts. Located in Berkshire County, this property is part of a larger 2,500 square foot free-standing building, offering a convenient and highly visible location for businesses seeking a presence in this vibrant city center. The space is ideally suited for a variety of retail or service-oriented businesses. The building features off-street parking for the convenience of both tenants and customers. The property's strategic location offers excellent visibility and accessibility, placing it in close proximity to other established businesses, including a Dunkin' Donuts, ensuring high foot traffic and potential customer exposure. This is a rare chance to secure a well-situated retail space in a thriving downtown area. The 800 square feet of vacant space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations without delay. The multiple tenancy structure ensures a shared environment with other businesses, fostering a sense of community and shared resources. Inquire today to learn more about this exciting opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $580,000
- 6.5%
- $550,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $570,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $595,000
- Retail
- $495,000
- Mixed-Use
- $535,000
- Hospitality
- $470,000
- Educational
- $605,000
- Residential Income
- $475,000
- Energy
- $620,000
- Income-Based Land
- $570,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Pittsfield
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.2507
- Latitude
- 42.4488
- CBSA code
- 38340
- CBSA name
- PITTSFIELD, MA METROPOLITAN STATISTICAL AREA
