Listed by Sotheby's International Realty Lenox Brokerage
$795,000
Spirit Shoppe
Details
Property Type Mixed Use, Office
Sub Type Storefront, Grocery Store
Square Footage 3,216
Units 4
Cap Rate 6.84%
NOI $54,384
Occupancy 100%
Price per SqFt $247
Year Built 1900
Year Renovated 2019
Stories 2
Acreage 0.700
Zoning Business; Multi
Investment Type Value Add
CRE INVESTMENT OPPORTUNITY POSSIBLE 1031 EXCHANGE CANDIDATE CAP RATE 7.37%
Marketing description
CRE Investment Opportunity Possible; 1031 Exchange Candidate Cap Rate 7.37%. Premier investment opportunity, fully occupied commercial building with portfolio of four recently renovated units in historic South Egremont landmark. Ample parking. Long-term tenants with great cash-flow. Prime location with easy access NYC and all Berkshire County cultural attractions. A newly rebuilt bridge crosses Karner Brook to bring you to a wooded garden on the other side. Building was originally part of a historic carriage maker's factory.
Investment highlights
- Total Bathrooms: 0
- Total Full Baths: Total Half Baths:
- Storefronts #: 2 Offices #: 2
- Year Built: 1900 (Assessor )
- Sq Ft Avail: 3,216 (Assessor) Acres Apx: 0.7
- Basement: Concrete Floor; Full
Listing Contacts
Listed by Sotheby's International Realty Lenox Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,384.00
$4,532.00/mo
Valuation Metrics
0
DSCR
6.84%
Cap Rate
6.84%
ROI
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