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    FOR LEASE
    Banks

    30 E Otis Rd, Otis, MA 01253

    1,146 SF 0.39 ac lot Built 1974
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US38-0373708
    Property summary
    AI-generated overview

    This 2,394 square foot medical office building, constructed in the mid-1970s, presents a unique investment opportunity in Berkshire County. The single-tenant property boasts a classic New England architectural style, highlighted by a gable roof and a convenient covered walkway. Ample parking and a drive-thru enhance accessibility for patients and clients. Situated on a prominent main road, the building enjoys exceptional street visibility, ensuring high traffic and strong brand recognition. The 0.39-acre lot provides ample space for expansion or future development. The V-1 zoning allows for a variety of uses, making it suitable for a range of professional services, including medical practices, attorney or insurance offices, or small retail businesses. The entire building is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's location in Pittsfield, MA, offers access to a thriving community and a strong local economy. This is an exceptional opportunity to acquire a well-located, versatile commercial property with significant potential for growth and return on investment. The building's solid construction and desirable features make it an attractive option for both owner-occupiers and investors seeking a stable, income-generating asset.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1974
    Construction FRAME
    Total area 1,146 SF
    Lot 0.39 ac (16,830 SF)
    Zoning code V-1
    APN OTIS M:10-D L:41
    UPID US38-0373708
    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
    • Berkshire Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    30 East Otis Rd RT · 2 yrs held
    30 East Otis Rd RT
    since 2024
    Last sale
    $76,000
    1 recorded transaction
    2024
    $200,000
    Zoning & alternative use
    V-1 · Otis, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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