168 Main StGreat Barrington, MA 01230

Property Details for 168 Main St

Year built

1900

Lot size

0.48 AC

Property size (Sq ft)

6,121 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional Class A, multi-tenant office building in downtown Great Barrington, MA, presents a compelling investment opportunity. The 6,121 square foot property, built in 1900 and situated on a 0.48-acre lot, boasts a 7.08% cap rate and a net operating income (NOI) of $92,067. Currently 100% occupied by four franchisee tenants under a triple-net (NNN) lease, this turnkey investment offers long-term stability and significant upside potential. The building features two stories, updated utilities, and well-maintained interiors with high ceilings, diverse flooring (wood, tile, and carpet), and exposed beams in the upper units. Its prime location on Main Street provides excellent visibility and ample off-street parking. The asking price is $1,300,000, translating to $212.38 per square foot and $325,000 per unit. This property is ideal for investors seeking a stable, high-performing asset in a thriving downtown location. The building's attractive features, coupled with its strong tenant base and desirable location, make it a truly exceptional investment opportunity. Within walking distance of all downtown amenities, this property offers a blend of historical charm and modern functionality.

Location Insight

City

Great Barrington

County

Berkshire

State

Massachusetts

Latitude

42.1981

Longitude

-73.3612

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