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. 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

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

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.