615 Laurel St - Hospitality FOR SALE


Lee, MA 01238
$3,400,000 USD
617-610-7774
615 Laurel St, Lee, MA for Sale
$3,400,000 USD
Hospitality - FOR SALE
1/44
null | Request Cap Rate

615 Laurel St
Lee, MA 01238


HIGHLIGHTS

  • 14 Keys with Potential Additional Room Creation
  • Direct Frontage on Laurel Lake – High Barrier to Entry
  • Adults-Oriented Concept Supporting Premium Rate Positioning
  • Event, Retreat & Buyout Revenue Upside
  • Operational Optimization Opportunity Under New Ownership

OVERVIEW

The Lakehouse Inn occupies a highly differentiated position within the Berkshire hospitality market, offering true lakefront frontage on Laurel Lake with panoramic views and direct water access. The approximately 11,945 SF property includes 14 guest rooms across three stories, with potential expansion and possible owner’s quarters configuration. The offering includes both the operating business and underlying real estate. Located minutes from Lenox and Stockbridge and near major cultural demand drivers including Tanglewood, Jacob’s Pillow, and The Mount, the property benefits from consistent drive-to demand from Boston, New York, and Connecticut. Future ownership may explore: • ADR optimization through professional revenue management • Expanded shoulder-season and midweek demand initiatives • Growth of wedding, retreat, and buyout revenue • Strategic expense realignment and operational efficiencies The combination of premier waterfront real estate and operational upside creates a compelling acquisition opportunity for hospitality investors or lifestyle buyers seeking long-term appreciation and income potential.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$285 USD /SF

# OF ROOMS

14

PRICE/ROOM

$242,857 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakehouse Inn – Rare Lakefront Asset

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

A

YEAR BUILT

1903

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

RB

APN/PARCEL ID

LEEE-000007-000000-000000-000110-000110

ASK ABOUT THIS PROPERTY

Mitchell B MuroffMuroff Hospitality GroupMore Info
617-610-7774

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Mitchell B MuroffMuroff Hospitality GroupMore Info
617-610-7774

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