Property summary
This iconic 17-acre Williamstown, MA property, the 1896 House Country Inn & Pub, presents a unique investment opportunity. The property includes three buildings totaling 11,089 to 13,600 square feet, featuring 37 guest rooms and suites, a three-bedroom owner's suite, a historic restaurant and tavern. Built in 1896 and renovated in 2021, the inn boasts a prime location near Williams College, Williamstown Theatre Festival, Clark Art Institute, and Chapin Library. The extensive grounds include streams, ponds, and rolling hills, creating a picturesque setting for a four-season destination. The property offers significant development potential for additional guest rooms, residential units, or commercial space, capitalizing on the area's thriving tourism and recreational activities. With a current NOI of $527,625 and a 12.41% cap rate (8.50% pro-forma), this property presents a compelling investment opportunity in a highly desirable location. The property is zoned commercial and offers easy access to numerous attractions, including Tanglewood, MassMoCA, Jiminy Peak Ski Resort, Mount Greylock, and the Mohawk Trail. This is a rare chance to acquire a well-established hospitality business with substantial growth potential in the heart of the Berkshires. The asking price is $4,250,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
SG · Williamstown, MAZoning
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Zoning designation
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