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31513128
31513135

483 W Housatonic St, Pittsfield, MA 01201 For Sale

TG
MA MA 9573698
Stone House Properties, LLC
Listed by Stone House Properties, LLC
$1,800,000
104 days on market
Updated 65 days ago

483 West Housatonic St., Pittsfield, MA 01201

Details
Property Type Retail, Self Storage
Sub Type Auto Shop, Restaurant (+1)
Square Footage 8,000
Net Rentable (SqFt) 8,000
Units 3
NOI $100,300
Occupancy 100%
Tenancy Multi
Lease Type NN+
Remaining Term 4
Pro-Forma Cap Rate 7.31%
Pro-Forma NOI $131,500
Price per SqFt $225
Year Built 2009
Buildings 5
Acreage 1.600
Zoning Business
Investment Type Stabilized

Retail | 8,000 SqFt-PROPERTY FOR SALE ONLY-businesses are not for sale.

Marketing description

PROPERTY FOR SALE ONLY-businesses are not for sale. Positioned prominently along Route 20, a high-traffic major highway, this versatile commercial property offers a rare mixed-use investment opportunity with strong income potential. The site is currently home to 2 separate parcels of land with three established tenants, providing immediate cash flow and diversified revenue streams. The property features a well-known restaurant drawing consistent local and pass-through clientele, a boat retail business catering to recreational and seasonal demand, and a licensed motor vehicle inspection station that ensures steady year-round traffic. Together, these tenants create a dynamic commercial hub with built-in customer synergy.

A standout feature of the property is its expansive outdoor storage area, ideal for boats, trailers, and heavy equipment. This large, flexible yard space adds significant value and opens additional income opportunities for storage or expansion.

With excellent visibility, easy access, and substantial frontage along a major roadway, this property benefits from constant exposure and high daily traffic counts. Whether you're an investor seeking stable returns or an owner-operator looking to capitalize on a strategic location, this property offers both immediate income and long-term growth potential.

Investment highlights

Highest Traffic Count In Pittsfield

Located on Heavy Traffic and Main Highway

Across from Self-Storage, Gas Station, Convenience Store

Listing Contacts

TG
MA MA 9573698
Stone House Properties, LLC
Listed by Stone House Properties, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$100,300.00
$8,358.33/mo

Valuation Metrics

0
DSCR
5.57%
Cap Rate
5.57%
ROI

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Additional Information

Name
Timothy Gallagher
License
MA 9573698
Brokerage
Stone House Properties, LLC
Title
Real Estate Broker
Brokerage Address
38 Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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