163 Fourth St, Pittsfield, MA 01201 (MLS# 241805)

$1,234,000
163 Fourth St
Pittsfield, MA 01201
MLS# 241805
11395 sqft
Exterior of Building
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Exterior of Building 163 Fourth St, Pittsfield, MA 01201 163 Fourth St, Pittsfield, MA 01201

Property 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.

Details
Maps
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

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Tuesday 30th of April 2024 04:12 PM