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Old Spirit Shoppe 71 Main St 3,216 SF 100% Leased Retail Building South Egremont, MA 01230 $1,098,332 CAD ($341.52 CAD/SF) 7.37% Cap Rate
EXECUTIVE SUMMARY
CRE INVESTMENT OPPORTUNITY POSSIBLE 1031 EXCHANGE CANDIDATE CAP RATE 7.37 PCT Premier investment opportunity, fully occupied commercial building with portfolio of four recently renovated units in historic South Egremont landmark. Ample parking. Long-term tenants with great cash-flow. Prime location on US ROUTE 23, near CATAMOUNT SKI RESORT with easy access NYC and all Berkshire County cultural attractions. A newly rebuilt bridge crosses Karner Brook to bring you to a wooded garden on the other side. Building was originally part of a historic carriage maker's factory.
**Building includes a Cannabis Dispensary, therefore financing options may be limited.
**Building includes a Cannabis Dispensary, therefore financing options may be limited.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,216 SF
Building Class
B
Year Built
1850
Price
$1,098,332 CAD
Price Per SF
$341.52 CAD
Cap Rate
7.37%
NOI
$80,947 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
0.70 AC
Zoning
C
Parking
8 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
100’ on Main Street (Route 23)
PROPERTY TAXES
| Parcel Number | EGRE-000140-000000-003400 | Improvements Assessment | $132,790 CAD |
| Land Assessment | $282,351 CAD | Total Assessment | $415,141 CAD |
PROPERTY TAXES
Parcel Number
EGRE-000140-000000-003400
Land Assessment
$282,351 CAD
Improvements Assessment
$132,790 CAD
Total Assessment
$415,141 CAD
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Old Spirit Shoppe | 71 Main St
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