518 Main St - Hospitality FOR SALE


Great Barrington, MA 01230
$1,590,000 USD
413-329-1162
518 Main St, Great Barrington, MA for Sale
$1,590,000 USD
Hospitality - FOR SALE
1/64
null | 10% Cap Rate

518 Main St
Great Barrington, MA 01230


OVERVIEW

The iconic Wainwright Inn, built in 1766, is ideally located on Main Street in Great Barrington, the largest town & hub of the famous Berkshires vacation destination in Western Massachusetts. The Inn consists of a main house with 9 guest suites & a spacious owner's suite, & a carriage house with an apartment & two additional guest suites. In pristine condition, the current owners have improved the property significantly to include: AC system, new kitchen, structural upgrades, new parking lot and landscaping. Solid income and occupancy history. Known for its beauty, the Inn features spacious public rooms with high ceilings, fireplaces and historical details intact, and large suites, each with a bathroom. A short walk to the many restaurants & shops of the town & minutes to Tanglewood.

FOR SALE DETAILS

PRICE

$1,590,000 USD

PRICE/SF

$223 USD /SF

# OF ROOMS

11

PRICE/ROOM

$144,545 {currency}

CAP RATE

10%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wainwright Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1790

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B2

APN/PARCEL ID

GREA-000022-000000-000027

ASK ABOUT THIS PROPERTY

Lisa BouchardTKG The Kinderhook Group HudsonMore Info
413-329-1162

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Lisa BouchardTKG The Kinderhook Group HudsonMore Info
413-329-1162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.