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Financial
Distress signals
Property profile

232 1St St Pittsfield, MA 01201

FOR SALE
Office buildings
Property ID
US38-1438109
3,400 SF 0.17 ac lot Built 1890
Last sale Jan 2003 · $88,000
Individually Owned Owner of record is an individual. 23-yr Hold Held for 23 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
232 1St St, Pittsfield, MA 01201 For Sale
$209,000 3,400 SF
232 1St St, Pittsfield, MA 01201
View Listing

Property summary

AI-generated overview

Built in 1890, this colonial-style property is configured for professional office use and has historically been used as an office for more than 20 years. The interior layout includes six private offices, a reception and waiting area, a half bathroom, and a bonus room. Exterior accessibility is supported by a ramp for handicap access, and the property includes off-street parking plus a detached 4-bay garage. The building is located on the edge of Pittsfield’s Downtown Creative District, with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$122k
Assessed land$47k
Assessed improvement$75k
Effective rate3.96%

Value estimate

· Oct 2026
$325k
$293k – $358k
AI approach$325k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$14k
Operating expenses−$15k
NOI · 21.19% cap applied$44k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$140/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$79 – $203
Qualifying comparables5

Cap rate analysis

How does the asset earn?
21.19%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RM
JurisdictionPITTSFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.6
Bakery9.2
Shoe Repair8.7

Location

232 1St St Pittsfield, MA 01201
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
551 Fenn, Pittsfield, MA 01201-5229 $267,000 Oct 2024 2,880 SF
77 Elm, Pittsfield, MA 01201-6503 $450,000 Jun 2024 4,392 SF
392 Merrill, Pittsfield, MA 01201-3713 $415,000 Jan 2024 3,192 SF
579 Fenn, Pittsfield, MA 01201-5229 $260,000 Jun 2023 3,674 SF
306 Ss, Pittsfield, MA 01201-6843 $350,000 Mar 2022 2,630 SF
421 Fenn, Pittsfield, MA 01201-5261 $310,000 Dec 2021 3,948 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $450,000
    3,248 SF
    954 Crane Ave
    OFFICE BUILDING
    954 Crane Ave, Pittsfield, MA 01201-1725
    View Details
  • Value Estimation
    $495,000
    3,186 SF
    809 Nn St
    OFFICE BUILDING
    809 Nn St, Pittsfield, MA 01201-1501
    View Details
  • Value Estimation
    $405,000
    2,968 SF
    27 Housatonic St
    OFFICE BUILDING
    27 Housatonic St, Pittsfield, MA 01201-6401
    View Details
  • Value Estimation
    $335,000
    3,948 SF
    421 Fenn St
    OFFICE BUILDING
    421 Fenn St, Pittsfield, MA 01201-5261
    View Details
  • Value Estimation
    $265,000
    2,880 SF
    551 Fenn St
    OFFICE BUILDING
    551 Fenn St, Pittsfield, MA 01201-5229
    View Details
  • Value Estimation
    $460,000
    2,814 SF
    2 Cheshire Rd
    OFFICE BUILDING
    2 Cheshire Rd, Pittsfield, MA 01201-1834
    View Details

Similar Nearby for Sale

  • $1,700,000
    6,709 SF
    Modern Office Building
    Two-tenant office property with private rooms and collaborative areas under IG zoning.
    111 Silver Lake Blvd, Pittsfield, MA 01201
    View Details
  • $495,000
    7,128 SF
    Multi-Tenant Professional Office Building
    Three floors offer a mix of private offices, meeting rooms, reception areas, workstations, and storage.
    55 Church St, Pittsfield, MA 01201
    View Details
  • New
    $495,000
    7,128 SF
    Three-Level Professional Office Building
    A flexible multi-tenant layout includes private offices, meeting rooms, reception areas, workspaces, and storage.
    55 Church, Pittsfield, MA 01201
    View Details
  • Contact for pricing
    14,672 SF
    Historic Multi-Level Office Building
    Adaptable downtown office property with preserved architectural character, modern updates, and flexible occupancy options.
    101 S ST, Pittsfield, MA 01201
    View Details
  • New
    $1,900,000
    34,094 SF
    Turnkey Downtown Office Building
    Well-maintained, flexible office building with ample on-site parking and 100% occupancy in downtown Pittsfield.
    42 Summer, Pittsfield, MA 01201
    View Details
  • New
    Contact for pricing
    Three-Story Mixed-Use Building
    Fully leased masonry property with elevator service, wet sprinklers, storefront glazing, and on-site parking.
    42-56 Summer Street, Pittsfield, MA 01201
    View Details

Similar Nearby for Lease

  • $725/Mo
    2,500 sqft
    Third-Floor Office Suite
    Third-floor office suite with three private offices, reception area, kitchen, and shared restrooms plus elevator access.
    34 Depot St, Pittsfield, MA 01201
    View Details
  • New
    $1,250/Mo
    950 sqft
    Class A Office Suite
    Third-floor professional space includes multiple offices, reception, a conference room, and nearby retail and food options.
    75 North St, Pittsfield, MA 01201
    View Details
  • $21 SF/Yr
    18,986 sqft
    Office and Retail Suites
    Well-maintained commercial building with multiple office and retail suites, including plumbing-equipped options and ample front-and-rear parking.
    1450 East St, Pittsfield, MA 01201
    View Details
  • New
    Contact for pricing
    First Class Office Data Center
    Office and data center with redundant infrastructure and ample parking.
    877 South St, Pittsfield, MA 01201
    View Details
  • $2,895/Mo
    Remodeled Office Suite with Kitchenette
    Hardwood flooring, large windows, a private bathroom, and electric included in rent support day-to-day office operations.
    28 Bartlett Ave, Pittsfield, MA 01201
    View Details
  • $3,500/Mo
    Flex Space with Four-Bay Garage
    Finished office space, lower-level storage, and a detached garage support multiple commercial configurations.
    326 Springside Ave, Pittsfield, MA 01201
    View Details
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