151 Fenn St Pittsfield, MA 01201
This exceptional .88-acre commercial lot, located at the high-traffic corner of Fenn and First Streets in Pittsfield, Massachusetts' vibrant Downtown Creative District, presents a unique investment opportunity. Priced at $2,200,000, this property boasts a land value of $57.67 per square foot. Built in 1900, the lot encompasses 38,146 square feet and is zoned BG Comm, allowing for several permitted uses. Its prime city corner location offers excellent visibility and accessibility. The property has previously received approval for a national brand tenant, demonstrating its suitability for high-profile commercial development. This is an ideal site for entrepreneurs and developers seeking a prominent location within a thriving urban area. The property's history and location within the creative district offer a unique blend of established character and modern potential. This is a rare opportunity to acquire a substantial parcel in a desirable and rapidly developing downtown area. The substantial lot size provides ample space for a variety of development projects, catering to diverse commercial needs. The property's strategic location ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Pittsfield market. The existing zoning allows for flexibility in development plans, maximizing the potential return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
DCD · Pittsfield, MAPittsfield. Always verify with local authorities before improvements.
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.