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For Sale

The Barrington House

284 Main St,
Great Barrington, MA 01230

Asset Snapshot

1900
Year Built
3
Floor Count
1
Building Count

Offering Summary

Investment Overview

Northeast Private Client Group is pleased to present The Barrington House, a 46-unit mixed-use property located in downtown Great Barrington, Massachusetts. The property is comprised of 27 apartments, 10 retail suites and 9 office suites. The Barrington House has three central natural gas boiler systems that provide heat and hot water for the buildings. Electric for all residential tenants is also paid by the landlord and included in the rent. All retail suites pay their own electrical expense. The Barrington House represents a staple in the heart of the Berkshires and Great Barrington’s downtown district. The property is among one of the largest buildings in town, providing an owner immediate scale. A new owner has the opportunity to purchase a legacy owned (1990) property with the ability to implement a mark-to-market strategy on the undervalued rents.


Investment Highlights

  • Downtown Main-on-Main Location
  • Affluent Community with AMI of $84,150
  • Rental Scale in Supply Restrained Market
  • Value-Add Opportunity
  • Diversified Tenant Mix
  • Legacy Ownership over the past 35 years

How it Works

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Listing Syndicated From

Buildout
For Sale
$5,100,000
Asking Price