7 Winter St Pittsfield, MA 01201-4818
- Turn key restaurants
- 7,000 SF
- 0.48 lot acres
Current Use by Public Records
- Jae's 7 Winter / Thai Restaurant / Asian Restaurant
- 7 Grille / Banquet Hall
Property Details for 7 Winter St
- Year built
- 1917
- Construction
- FRAME
- Lot size
- 0.48 lot acres
- Property size
- 7,000 SF
- Zone code
- RM
- Property type
- Turn key restaurants
- APN
- PITT M:I10 B:0010 L:004
- APU
- PITTMI10B0010L004
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $375,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $381,000
Market price range: $382k - $1.13M
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Location Insight
- Map
- Local Demand
- City
- Pittsfield
- County
- Berkshire
- State
- Massachusetts
- Longitude
- -73.2415
- Latitude
- 42.4549
- CBSA code
- 38340
- CBSA name
- PITTSFIELD, MA METROPOLITAN STATISTICAL AREA