278 Main St, Great Barrington, MA 01230 (MLS# 241823)

Berkshire & Columbia County Real Estate Agency

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278 Main St, Great Barrington, MA 01230

$475,000

Property Type: Business Opportunity Baths: 1 Square Footage: 2,500 Status: Active

Current Price: $475,000 List Date: 3/05/2024 Last Modified: 3/20/2024

Description

GORHAM & NORTON - An institution on Main Street in Great Barrington since 1911 is now for sale. The sale is for the business only, as the space is leased. Gorham & Norton includes a small grocery and dry goods store, fresh produce, a sandwich deli counter and full package store selling wines, beers and spirits. Their gift baskets and Tanglewood picnic baskets are legendary. This is a truly unique opportunity to obtain and occupy a prime Main Street location in Great Barrington with over a century of history and goodwill. As one of the last of the small markets that used to occupy most Main Streets in New England this property is a reminder of an earlier time and yet remains a viable and much beloved business. Package store license included in sale.

More Information MLS# 241823

Contract Information

Current Price: $475,000 Status: Active List Date: 2023-10-18 List Price: $475,000 Original List Price: 475000 Limited Service: No Agent Interest: None BAC: 2.5 BAC Type: % NAC Type: %

Location, Tax & Legal

Registry: South Registry Street #: 278 Street Name: Main Street Ext: St State/Province: MA Postal Code: 01230

General Property Description

Realtor.COM Type: Commercial Total Half Baths: 1 Total Bathrooms: 1 Parking Spaces Type: On-Street Sq Ft Liv Apx: 2500 Sq Ft Basement: 2500 Base Incl Sq Ft: No Sq Ft Source: Owner Floors #: 1

Status Change Info

Status Change Date: 2024-03-05 Fallthrough Date: 2024-03-04

Remarks & Misc

Additional Disclosures: The price at $475,000 includes inventory with an estimated value of $125,000. The actual value of inventory will be determined at the time of closing and the price for the property will be adjusted up or down based on the then value of the inventory. Property has current licenses and permits to operate a food service establishment, including take out, as well as for the sale of tobacco and nicotine delivery products as well as all-alcohol sales (not to be drunk on premises). These licenses are included in the sale, but a new owner will be required to apply for transfers of these licenses from the current owners. The property includes most fixtures (see Documents) however there are some memorabilia that are excluded, including the antique NCR cash register & office computer and equipment. Also not included are old scale in the window, Mirrors, Neons, G&N painting, Reserved Wine Cabinet & contents. Financials (tax returns only) are available to qualified prospects after signing an NDA. Directions: Located on the west side of Main Street between Railroad and Elm Streets. Marketing/Headline: GORHAM & NORTON - Institution on Main St. in Great Barrington. Package Store & Other Licenses.

Building Info

Business Start: 1911 Years at Loc: 112 Goods & Merch: $125,000 Floors #: 1 Heating System #: 1

Property Features

Business Type: Convenience Store; Food & Beverage; Mixed; Restaurant; Retail Features: Basement; Business Only; Equipment; Fixtures; Inventory; Lease in Place; Licenses Incl; Licenses Transfer; Liquor Lic Incl Sewer: Public Water Access: Public Right to Farm Comm: Yes Interior Amenities: Air Cond Internet Service: Cable Available; Fiber Optic Avail Electric Type: 400 Amp Exterior Amenities: Bus-Public Construction: Masonry Roof: Unknown Basement: Concrete Floor; Full Fuel: Oil Hot Water: Nat Gas Zoning: Business Possession: Close Of Escrow

Documents

Items included in the sale - FF&E ›

Listing Office: STONE HOUSE PROPERTIES, LLC

Listing Agent: Anthony Blair

Last Updated: March - 20 - 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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