2350 Mohawk Trl 2370 North Adams, MA 01247-2937
This exceptional mixed-use investment opportunity, located at 2350 Mohawk Trail in North Adams, Massachusetts, presents a unique blend of hospitality and retail businesses. The property, encompassing 3.9 acres, features six buildings with a total of 1,500 square feet, constructed in 1935 and extensively renovated between 2018 and 2023. The property boasts a two-story main lodge and four rustic cabins, each offering unique character and charm. The retail component provides a diverse selection of goods and services, including souvenirs, snacks, food, beer, and wine, capitalizing on the stunning long-range views. The property's location on the historic Mohawk Trail ensures high tourist traffic, while its proximity to 989 acres of protected land with trails further enhances its appeal. The asking price is $1,500,000, translating to $1,000 per square foot. The property is zoned under Use Code 031. Existing vendor lists and goodwill are included in the sale, and the seller is open to negotiating a transition period. This presents a rare chance to acquire a well-established and profitable business with significant growth potential in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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