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    FOR LEASE
    Turn key restaurants

    18 1St St, Pittsfield, MA 01201

    3,256 SF 0.47 ac lot Built 1998
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US38-2445665
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1998
    Construction STEEL FRAME
    Total area 3,256 SF
    Lot 0.47 ac (20,604 SF)
    Zoning code DCD
    APN PITT M:H09 B:0013 L:101
    UPID US38-2445665
    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
    • Dunkin' Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $515k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $525k
    Blend (final) Blend
    $520k
    Owner & transaction history
    Cafua RT C 26 LLC · 8 yrs held
    Cafua RT C 26 LLC
    since 2017
    5 recorded transactions
    2018
    2017
    $1.5M
    2009
    1998
    1994
    Zoning & alternative use
    DCD · Pittsfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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