451 Dalton AvePittsfield, MA 01201

Property Details for 451 Dalton Ave

Year built

1991

Construction

FRAME

Lot size

0.97 AC

Property size (Sq ft)

5,847 SF

Zone code

BC

Property type

Turn key restaurants

APN

PITT M:K12 B:0010 L:104

APU

PITTMK12B0010L104

Description

This exceptional 5,847 square foot restaurant property, located at 451 Dalton Ave in Pittsfield, Massachusetts, is offered at $1,650,000. Situated on approximately one acre of land, this turnkey operation boasts excellent visibility and accessibility, being adjacent to the Dalton Avenue Plaza. The property's high traffic volume makes it an ideal location for a variety of uses. All existing restaurant furniture, fixtures, and equipment (FFE) are included in the sale, providing a seamless transition for a new owner. The property's strategic location and ample space make it suitable not only for continued restaurant operations but also for alternative uses such as a quick-service restaurant (QSR), gas station and convenience store, car wash, free-standing retail space, medical facility, or small office. The asking price of $1,650,000 translates to $282.20 per square foot. The property's zip code is 01201, and it's located in Berkshire County. This is a rare opportunity to acquire a well-positioned commercial property with significant potential in a thriving market. The high traffic count and prominent location ensure strong visibility and easy access for customers. This property presents a compelling investment opportunity with multiple potential uses and a strong return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $1,567,942

  6.5%

  $1,447,331

  7%

  $1,343,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,927,802

  Geo Method

  $1,925,202

• Alternative Use

  Use

  Valuation

  Residential

  $1,220,878

  Hospitality

  $1,118,318

  Educational

  $930,427

  Medical

  $962,426

  Retail

  $1,447,331

Location Insight

City

Pittsfield

County

Berkshire

State

Massachusetts

Latitude

42.4636

Longitude

-73.2149

CBSA code

38340

CBSA name

PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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