260 Columbus AvePittsfield, MA 01201

Property Details for 260 Columbus Ave

Year built

1920

Construction

FRAME

Lot size

0.28 AC

Property size (Sq ft)

7,200 SF

Zone code

RM

Property type

Showrooms

APN

PITT M:G09 B:0016 L:002

APU

PITTMG09B0016L002

Description

This exceptional 7,000-square-foot mixed-use property at 260 Columbus Ave, Pittsfield, MA 01201, presents a compelling investment opportunity. The building, constructed in 1920, boasts a sturdy brick structure and features two stories, offering versatile space ideal for a variety of commercial uses. High ceilings (12 feet) and two overhead doors with a convenient drive-up loading area in the lower section provide exceptional functionality for inventory management and deliveries. The property sits on a 12,175-square-foot lot and is zoned RM. With 7,000 square feet of net rentable space, the asking price is $373,248, translating to $53.32 per square foot. The property is available for occupancy on July 2, 2024. This owner-user opportunity combines prime location, ample space, and excellent accessibility, making it an attractive option for businesses seeking a functional and well-situated space in Pittsfield, Massachusetts. The property's features include a robust brick structure, high ceilings, and convenient loading capabilities, making it suitable for a range of commercial ventures. The property's location in Pittsfield, Berkshire County, offers access to local amenities and transportation networks. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,930,832

  6.5%

  $1,782,307

  7%

  $1,654,999

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,373,898

  Geo Method

  $2,370,695

• Alternative Use

  Use

  Valuation

  Residential

  $1,503,442

  Hospitality

  $1,377,145

  Educational

  $1,145,769

  Medical

  $1,185,173

  Retail

  $1,782,307

Location Insight

City

Pittsfield

County

Berkshire

State

Massachusetts

Latitude

42.4525

Longitude

-73.2589

CBSA code

38340

CBSA name

PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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