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    OFF-MARKET
    Turn key restaurants

    7 Winter St, Pittsfield, MA 01201-4818

    7,000 SF 0.48 ac lot Built 1917
    Entity Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US38-0379711
    Property summary
    AI-generated overview

    This exceptional turnkey investment property located at 7 Winter St, Pittsfield, MA, presents a rare opportunity to acquire a fully operational restaurant and function space. The free-standing building sits on a 0.48-acre lot and offers significant potential for continued success or creative repurposing. The property boasts a substantial seating capacity, with 107 seats downstairs and an additional 150 seats upstairs, making it ideal for large events and gatherings. Two fully equipped bars cater to diverse needs, while five handicapped-accessible bathrooms ensure inclusivity. Recent upgrades include a new elevator installed in 2017 and a new roof in 2008, demonstrating a commitment to ongoing maintenance. The interior features exquisite custom tile and woodwork meticulously installed over the past decade, adding to the property's unique charm and appeal. Separate entrances provide flexibility for dividing the space, allowing for independent operation of the restaurant and function areas. A valuable full liquor license is included in the sale, adding significant value to this already impressive offering. The ample 25-car parking lot ensures convenient access for patrons and staff. Priced at $799,000, this property represents a compelling investment opportunity in a desirable location. The existing restaurant and function space setup is ready to operate, but the versatile layout also allows for creative adaptation to suit a variety of business ventures.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1917
    Construction FRAME
    Total area 7,000 SF
    Lot 0.48 ac (20,822 SF)
    Zoning code RM
    APN PITT M:I10 B:0010 L:004
    UPID US38-0379711
    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
    • Jae's 7 Winter Restaurant
    • 7 Grille Wedding Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    10 Dewey Ave LLC · 13 yrs held
    10 Dewey Ave LLC
    since 2013
    7 recorded transactions
    2025
    2013
    $158,000
    2009
    2005
    $300,000
    2002
    1988
    $217,000
    1987
    $30,000
    Zoning & alternative use
    RM · Pittsfield, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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