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    FOR LEASE
    Warehouses

    15 Commercial St, Pittsfield, MA 01201

    21,760 SF 0.83 ac lot Built 1957
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US38-1367825
    Property summary
    AI-generated overview

    This ±21,760 square foot warehouse building, located at 15 Commercial Street in Pittsfield, Massachusetts, presents a compelling investment opportunity. Situated on approximately 0.83 acres, the property boasts three loading docks and two grade-level doors, ensuring efficient loading and unloading operations. Ample parking is available for approximately 30 vehicles within a gated lot, enhancing security and convenience. The warehouse features an impressive 18-foot clear ceiling height, providing ample vertical space for storage or operations. The building currently includes a mix of office space, production area, and warehouse storage, offering flexibility for various business needs. The property is zoned I-L Light Industrial with a Floodplain Overlay. The site benefits from its proximity to a variety of commercial, office, and retail establishments. Electrical service is robust, featuring 480 Volts, 600 Amps, 3-phase power. The asking price is $1,150,000, translating to $52.85 per square foot. The property's address is 15 Commercial Street, Pittsfield, MA 01201, with the APN K100011010. This location offers excellent access to transportation networks and a strong local workforce. This warehouse is ideal for businesses seeking a well-equipped and strategically located industrial space in Berkshire County.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1957
    Construction STEEL FRAME
    Total area 21,760 SF
    Lot 0.83 ac (36,242 SF)
    Zoning code IL
    APN PITT M:K10 B:0011 L:010
    UPID US38-1367825
    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
    • Hosta Hill Industrial Manufacturer Production Facility
    • Shire City Herbals Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $815k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $801k
    Blend (final) Blend
    $585k
    Owner & transaction history
    15 Commercial LLC · 3 yrs held
    15 Commercial LLC
    since 2023
    Last sale
    $412,500
    7 recorded transactions
    2023
    $625,000
    2018
    2018
    2017
    $412,500
    2001
    $375,000
    1969
    1969
    Zoning & alternative use
    IL · Pittsfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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