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32448150
32448148

40 Main Street, North Adams, MA 01247

JLL - Boston, Massachusetts
Listed by JLL - Boston, Massachusetts
Unpriced
47 days on market
Updated 47 days ago
Opportunity zone

Hotel Downstreet

Details
Property Type Retail, Hospitality
Sub Type Restaurant, Hotel
Keys 90
Year Built 1974
Year Renovated 2022
Stories 7
Acreage 1.710
Parking Spaces 110 spaces
Ground Lease No

90-Key Boutique Hotel | North Adams, MA

Marketing description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer, on an exclusive basis, the fee simple interest in the 90-key Hotel Downstreet ("Hotel" or "Property"), a soft-branded member of the Ascend Hotel Collection located in North Adams, Massachusetts. The offering represents a rare opportunity to acquire a fully-renovated, cash-flowing asset with a premier Main Street location and a flexible franchise affiliation.

The Property recently underwent a transformative $3.5 million ($38,600 per key) renovation, positioning it as a top-tier asset in the market and minimizing near-term capital needs. As the only hotel on North Adams' Main Street, it boasts an irreplaceable, walkable location just steps from the world-renowned MASS MoCA.

The Hotel operates under a uniquely structured agreement with the Ascend Hotel Collection that offers the benefits of a global distribution system while providing an owner with maximum flexibility.

Please use this link to sign the CA to receive Deal Room access:

https://invest.jll.com/listings/hotels-hospitality/hotel-downstreet/deal-room

Investment highlights

  • Strategic Downtown Location in a Dynamic Market
  • Substantially Renovated Asset with Minimal Capital Requirements
  • Highly Flexible Brand Affiliation
  • Stable, Diversified In-Place Income

Listing Contacts

JLL - Boston, Massachusetts
Listed by JLL - Boston, Massachusetts

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Zoning

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Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics

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