535 Main Rd - Residential Income FOR SALE


Monterey, MA 01245
$3,900,000 USD
917-670-6339
535 Main Rd, Monterey, MA for Sale
$3,900,000 USD
Residential Income - FOR SALE
1/31
null | Request Cap Rate

535 Main Rd
Monterey, MA 01245


OVERVIEW

NEWGRANGE is a 1920's era Manor House on 7.7 Acres with lake frontage on Lake Garfield. Prime, Historic re-development opportunity in the Berkshires' high-end Lake Community of Monterey, MA. Close to TANGLEWOOD, STOCKBRIDGE, SKIING (7 miles away), DINING, SHOPS. Currently 10 Bedrooms with Owner's Guest Cottage. Ideal for RETREAT, School, B&B or home. Ideally placed on lot to offer room for significant expansion for additional Guest Rooms (10-20 units), Restaurant / Bar, SPA facilities and Wedding / Event Space*. (see MAP) Plenty of room for Parking an additional outbuildings*. * Would require approvals from Town.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$496 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NEWGRANGE at Lake Garfield

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Hotel, undefined, undefined

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Res

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Steven WeiszWilliam Pitt Sotheby's International RealtyMore Info
917-670-6339

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Steven WeiszWilliam Pitt Sotheby's International RealtyMore Info
917-670-6339

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