146-156 North St, Pittsfield, MA 01201 (MLS# 241555)

Berkshire & Columbia County Real Estate Agency

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146-156 North St, Pittsfield, MA 01201

$3,500,000

Property Type: Commercial Square Footage: 17,150 Lot Size (sq. ft.): 16,988 Status: Active

Current Price: $3,500,000 List Date: 9/13/2023 Last Modified: 3/26/2024

Description

The historic Shipton Building, built in 1888, is a stylish cornerstone in the downtown Pittsfield business and cultural district. The four-story masonry facade on North Street has four storefronts with a total of over 60 commercial tenants. It is a very popular location for a mix of professional offices ranging from lawyers, designers and service organizations. There is consistent high occupancy and plenty of opportunity for rent escalations. The current owner bought the building in 2018 and has made many structural and cosmetic upgrades. All 131 windows have been replaced with high performance custom historic replicas. Common areas have all been upgraded to LED lighting and flooring is either new new carpet or converted to ceramic tile. A program has been started to replace gas HVAC

Supplements: systems to electric heat pumps with the goal of transferring the utility costs to individual tenant meters. The building is wired for high speed internet and the landlord has separate service that can be split off to smaller offices for additional fee income. There are two elevators with multiple ADA compliant bathrooms throughout. It is near two low cost municipal parking lots and has a contract for preferred parking in the adjacent neighbor's private lot. All fire safety and alarm monitoring are up to date although there is not a sprinkler system. Security cameras and an electronic system for door lock schedules are all in place. One full time employee is on premises for cleaning, security and tenant services.

More Information MLS# 241555

Contract Information

Current Price: $3,500,000 Status: Active List Date: 2023-09-13 List Price: $3,500,000 Original List Price: 3500000 Limited Service: No Agent Interest: None BAC: 2.25 BAC Type: % NAC: 2.25 NAC Type: %

Location, Tax & Legal

Registry: Middle Registry Street #: 146-156 Street Name: North Street Ext: St State/Province: MA Postal Code: 01201 Taxes: 31554 Tax Year: 2023

General Property Description

Realtor.COM Type: Commercial Sq Ft Liv Apx: 17150 Parking Spaces Type: Off Street Year Built Apx: 1888 Year Built Source: Assessor Lot Square Footage: 17,150 Acres Apx: 0.39 Lot Size SqFt: 16988 Sq Ft Source: Assessor Betterment: No

Status Change Info

Status Change Date: 2023-09-13

Remarks & Misc

Directions: North Street business district

Bathrooms

# 1/2 Bath: 16

Property Features

Business Type: Mixed; Professional/Office; Restaurant; Retail Underground Oil Tank: No Water: Public Sewer: Public Right to Farm Comm: Yes Electric Type: 100 Amp; 200 Amp Construction: Masonry Roof: Membrane Basement: Concrete Floor; Unfinished Heat/Cool: Central AC; Furnace; Heat Pump; Multizone Fuel: Nat Gas Hot Water: Nat Gas Lead Paint: Unk Zoning: Multi Possession: Close Of Escrow

Documents

Lead Paint Disclosure ›

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES BARNBROOK REALTY

Listing Agent: Buddy Lewis

Last Updated: March - 26 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information from the Berkshire County Board of Realtors, Inc. or it's Multiple Listing Service. Site contains live data. Information herein believed to be accurate, but not warranted. All right, title and interest in the exclusively listed property information represented on this website was created, maintained and copyrighted by the Berkshire County Board of Realtors® and in copyrights therein, hall at all times remain vested in the Berkshire County Board of Realtors®. As a Participant of theBerkshire County Multiple Listing Service, this company was granted a lease to use this information in accordance with all rules and regulations of the Service. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

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