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163 Fourth St, Pittsfield, MA 01201

$1,234,000
Property Type: Commercial Square Footage: 11,395 Lot Size (sq. ft.): 47,916 Status: Active
Current Price: $1,234,000 List Date: 10/18/2023 Last Modified: 10/18/2023

Description

This two tenant stabilized commercial property is an investment asset comprised of 2 units, totaling 11,395 SF and 1.1 acres, 100% leased. Solid investment asset with stable cash flow offered at a 8.6% CAP rate. Well maintained building minutes from downtown Pittsfield with an available lot abutting on the side for expansion or development opportunity. Purchase stand alone building or consider combining with separate abutting land listing.

More Information MLS# 241805

Contract Information

Current Price: $1,234,000 Status: Active List Date: 2023-10-18 List Price: $1,234,000 Original List Price: 1234000 Limited Service: No Agent Interest: Agent's family member has financial interest in the property BAC: 2.5 BAC Type: % NAC Type: %

Location, Tax & Legal

Registry: Middle Registry Street #: 163 Street Name: Fourth Street Ext: St State/Province: MA Postal Code: 01201 Taxes: 33285 Tax Year: 2023

General Property Description

Realtor.COM Type: Commercial Sq Ft Liv Apx: 11395 Parking Spaces Type: Private Year Built Apx: 1945 Year Built Source: Appraiser Yr Blt Description: Actual Lot Square Footage: 85813 Acres Apx: 1.1 Lot Size SqFt: 47916 Sq Ft Source: Other Betterment: No

Status Change Info

Status Change Date: 2023-10-18

Remarks & Misc

Additional Disclosures: Taxes include Lot 2 and Lot 3. May be purchased with Lot 2. Directions: Silver Lake Road to Fourth Street

Curb Cuts

Curb Cuts: 2

Building Info

Ceiling Height: 8-10' Floors#: 1 Storefronts #: 2

Bathrooms

# 1/2 Bath: 5

Unit 1

SQ Ft: 2695 Yrs Rem: 4.75

Unit 2

Sq Ft: 7500 Yrs Rem: 4.75

Unit 3

Sq Ft: 1200 Yrs Rem: 4.75

Property Features

Business Type: Industrial Underground Oil Tank: No Water: Public Sewer: Public Right to Farm Comm: No Condition: Recently Renovated Lot Description: Paved Drive Electric Type: 400 Amp Interior Amenities: Air Cond; Alarm System; Handicap Access Accessibility: Handicap Access; Wheelchair Access Exterior Amenities: Bus-Public Construction: Masonry Roof: Membrane Basement: Partial Features: Lease in Place Heat/Cool: Central AC; Forced Air; Furnace; Multizone Fuel: Nat Gas Hot Water: Electric Lead Paint: No Zoning: Industrial Unit 1: Lease/Yes Unit 2: Lease/Yes Unit 3: Lease/Yes Possession: Negotiable
Listing Office: ALLEGRONE REAL ESTATE, INC
Listing Agent: Louis Allegrone
Last Updated: October - 18 - 2023

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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