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    OFF-MARKET
    Showrooms

    176 Ashland St, North Adams, MA 01247-4513

    2,306 SF 0.1 ac lot Built 1920
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-1016001
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 176 Ashland St, North Adams, MA 01247, presents a rare investment opportunity. Priced at $475,000, this 2,306 square foot building sits on a highly visible corner lot encompassing 0.51 acres and includes six parcels. The property boasts ample parking for over 25 vehicles, manicured landscaping, and a radiant heated walkway. The building, constructed in 1900 and featuring two stories, is zoned B-1 and R. Previously utilized as an outpatient medical office, the interior offers five treatment rooms equipped with sinks, water, counters, and storage. An accessible bathroom is conveniently located on the main floor. The upstairs comprises conference and break rooms, a lab, an office, and a staff bathroom. Additional dry storage is available in the unfinished basement. The building is equipped with natural gas forced air heating and air conditioning, along with two 200-amp electric panels. Its prime location offers convenient walkability to over 300 nearby residential apartments, the Massachusetts College of Liberal Arts (MCLA) campus, and the downtown area. The welcoming waiting room features tall windows, a vaulted ceiling, and a skylight. This property is ideal for owner-users seeking a versatile space in a thriving community.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1920
    Construction FRAME
    Total area 2,306 SF
    Lot 0.1 ac (4,400 SF)
    APN NADA M:171 B:0000 L:16
    UPID US38-1016001
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Cermak Re Hld LLC · 1 yrs held
    Cermak Re Hld LLC
    since 2025
    Last sale
    $392,500
    3 recorded transactions
    2025
    $392,500
    2000
    1987
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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