46 Commercial StAdams, MA 01220

Property Details for 46 Commercial St

Year built

1950

Lot size

0.33 AC

Property size (Sq ft)

1,813 SF

Zone code

B2

Property type

Gas stations

APN

ADAM M:1190 B:0000 L:01030

APU

ADAMM1190B0000L01030

Description

This exceptional freestanding retail property, located at 46 Commercial Street in Adams, Massachusetts, offers 1,826 square feet of versatile commercial space. Situated on a 0.3-acre lot, the building boasts excellent street frontage on Commercial Street, ensuring high visibility and accessibility for customers. The property includes a convenient parking lot, a significant advantage in a bustling commercial area. Its prime location places it within close proximity to a variety of shops and restaurants, benefiting from the established commercial activity in Adams. The property's strategic position also offers easy access to North Adams, located just six miles away, expanding its market reach and potential customer base. This presents a unique opportunity for businesses seeking a well-positioned, attractive, and functional retail space in a thriving Massachusetts community. The building's size and features make it suitable for a range of retail uses, providing ample space for inventory, display, and customer interaction. The 01220 zip code ensures easy identification and accessibility for potential customers and delivery services. This property is offered for sale and represents a compelling investment opportunity in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $486,179

  6.5%

  $448,781

  7%

  $416,725

• Comparable approach

  Method

  Valuation

  Relative Method

  $597,760

  Geo Method

  $596,954

• Alternative Use

  Use

  Valuation

  Residential

  $378,563

  Hospitality

  $346,762

  Educational

  $288,502

  Medical

  $298,424

  Retail

  $448,781

Location Insight

City

Adams

County

Berkshire

State

Massachusetts

Latitude

42.6168

Longitude

-73.1221

CBSA code

38340

CBSA name

PITTSFIELD, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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