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    206 Adams Rd Williamstown, MA 01267-2933

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    206 Adams Rd Williamstown, MA 01267-2933


    • Hotels
    • 32,702 SF
    • 2.72 lot acres
    Off-Market
    Last Sale Aug 16, 2024
    $1,500,001
    Property ID
    US38-1890250
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,500,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 206 Adams Rd

    Year built
    1985
    Lot size
    2.72 lot acres
    Property size
    32,702 SF
    Zone code
    PB
    Property type
    Hotels
    APN
    WILL M:121.0 B:0109
    APU
    WILLM1210B0109

    Description

    This exceptional restaurant opportunity is located at 206 Adams Rd, Williamstown, MA, situated on a 2.72-acre lot and boasting a total building size of 32,702 square feet. The property is zoned Commercial-PB and enjoys convenient access to Main Street. Currently, a build-to-suit restaurant space of 10,000 square feet is available within a 49-unit boutique hotel undergoing renovations by the owner. This presents a unique chance to establish a thriving restaurant business in a high-demand location. The space includes a thoughtfully designed layout featuring a bar/lounge area complete with a fireplace, an inviting outdoor patio perfect for al fresco dining, a spacious dining room, and a large, fully equipped commercial kitchen. The strategic location within the hotel allows for additional revenue streams through in-room dining services. Furthermore, the property offers the potential for catering and banquet hall events, expanding the business's reach and revenue potential. This is a rare opportunity to create a flagship restaurant in a vibrant and growing community within Berkshire County. The substantial size of the overall building and the ample land provide significant expansion possibilities for a forward-thinking restaurateur. This turnkey opportunity combines a prime location with a build-to-suit arrangement, minimizing initial investment and maximizing potential returns.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,500,000
      ML approach
      $1,500,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,371,000
      Market price range: $1.37M - $4.83M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Williamstown
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.1905
    Latitude
    42.7054
    CBSA code
    38340
    CBSA name
    PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,095
    $206,600
    $1,317,800
    $1,524,400
    -
    $0.00
    $0.00
    $0.00
    More about this property
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