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    Property profile & analytics

    56 Main St Lee, MA 01238-1612

    • Investment properties
    • 6,600 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US38-1481562
    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.

    Current Use by Public Records

    • Let's Do Lunch / Restaurant
    • Sweet and Savoury on Main / Cafe

    Property Details for 56 Main St

    Year built
    1870
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    6,600 SF
    Zone code
    BM
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LEEE M:018 B:0A L:0000-0073.0
    APU
    LEEEM018B0AL000000730

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $365,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $365,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $400,000
      Retail
      $360,000
      Mixed-Use
      $410,000
      Hospitality
      $415,000
      Educational
      $415,000
      Residential Income
      $385,000
      Energy
      $355,000
      Income-Based Land
      $315,000
      Food Service
      $345,000

    Location Insight

    • Map
    • Local Demand
    City
    Lee
    County
    Berkshire
    State
    Massachusetts
    Longitude
    -73.2492
    Latitude
    42.3057
    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
    $5,415
    $128,600
    $353,200
    $481,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $755,000
      9,674 SF

      54 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 9,674 SF
      54 Main St, Lee, MA 01238-1612
      View Details
    • Value Estimation
      $360,000
      1,581 SF

      175 Summer St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,581 SF
      175 Summer St, Lee, MA 01238-1122
      View Details
    • Value Estimation
      $340,000
      3,866 SF

      62 Ctr St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,866 SF
      62 Ctr St, Lee, MA 01238-1503
      View Details
    • Value Estimation
      $345,000
      2,238 SF

      435 Greylock St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,238 SF
      435 Greylock St, Lee, MA 01238-9393
      View Details
    • Value Estimation
      $295,000
      1,784 SF

      50 Housatonic St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,784 SF
      50 Housatonic St, Lee, MA 01238-1306
      View Details
    • Value Estimation
      $305,000
      5,532 SF

      73 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,532 SF
      73 Main St, Lee, MA 01238-1690
      View Details

    Similar Nearby for Sale

    • $93,500
      1.42 Acres

      Lee, MA Residential Land - $93,500

      1.42 Acres, Two Buildable Lots
      0 East St, Lee, MA 01238
      View Details
    • $1,260,000

      Historic Three-Unit Berkshire Estate

      Historic three-unit residence near Lenox, Stockbridge, and Tanglewood.
      1574-1579 Pleasant St, Lee, MA 01238
      View Details
    • $197,950
      3.60 Acres

      Residential Land in Lee, MA

      3.6 acre residential land for sale in Lee, MA.
      46 Pease Ter, Lee, MA 01238
      View Details
    • $475,000
      1,538 SF

      Downtown Lee Mixed-Use Investment

      Versatile three-unit building with residential and commercial income potential.
      208 Main St, Lee, MA 01238
      View Details
    • $699,000
      2,135 SF

      Lakeside Condominium with Mountain Views

      Ground-level condo with lake access, mountain views, and updated kitchen.
      770 Summer St, Lee, MA 01238
      View Details
    • $1,399,900

      Lee Multi-Family Home on Acreage

      Spacious 6-unit property near Mass Pike and Lee Outlets.
      45 Forest St, Lee, MA 01238
      View Details
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    56 Main St
    Lee, MA 01238-1612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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