18 1St StPittsfield, MA 01201

Property Details for 18 1St St

Year built

1998

Construction

STEEL FRAME

Lot size

0.47 AC

Property size (Sq ft)

3,256 SF

Zone code

DCD

Property type

Turn key restaurants

APN

PITT M:H09 B:0013 L:101

APU

PITTMH09B0013L101

Description

This exceptional retail opportunity presents approximately 800 square feet of immediately available space at 18 First Street in the heart of downtown Pittsfield, Massachusetts. Located in Berkshire County, this property is part of a larger 2,500 square foot free-standing building, offering a convenient and highly visible location for businesses seeking a presence in this vibrant city center. The space is ideally suited for a variety of retail or service-oriented businesses. The building features off-street parking for the convenience of both tenants and customers. The property's strategic location offers excellent visibility and accessibility, placing it in close proximity to other established businesses, including a Dunkin' Donuts, ensuring high foot traffic and potential customer exposure. This is a rare chance to secure a well-situated retail space in a thriving downtown area. The 800 square feet of vacant space is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations without delay. The multiple tenancy structure ensures a shared environment with other businesses, fostering a sense of community and shared resources. Inquire today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $873,157

  6.5%

  $805,991

  7%

  $748,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,073,529

  Geo Method

  $1,072,081

• Alternative Use

  Use

  Valuation

  Residential

  $679,883

  Hospitality

  $622,769

  Educational

  $518,137

  Medical

  $535,956

  Retail

  $805,991

Location Insight

City

Pittsfield

County

Berkshire

State

Massachusetts

Latitude

42.4488

Longitude

-73.2507

CBSA code

38340

CBSA name

PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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