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1 Federico Dr 15,000 SF Flex Building Pittsfield, MA 01201 $1,250,000 ($83.33/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 30 Year tenant vacating as of June 30, 2025. Class A Business Park. Central Berkshire Location Existing Lease valid through Oct 1st 2027 .
  • Eave Height will accomodate Two Interior Stories for Expansion
  • Office space, Heavy Truck Hauling, Warehouse , Customer Service Center - Warehouse Space - Close to Routes 7-8-9-20
  • Consumer Depot and Commercial Sorting Center serving Western Massachusetts

EXECUTIVE SUMMARY

Newly VACANT - Professional Light Industrial FEDERICO Office Park located in Central Berkshire County for ease of access to all major routes - 7-8-9-20 to supply shipping to all clients in city and surrounding areas. Newly VACANCY as of June 30, 2025. OFFICE SPACE FRONT, RECEPTION AREA, OPEN OFFICE CONCEPT, TWO PRIVATE OFFICE, CONFERENCE ROOM, LUNCH ROOM, SNACK ROOM, WAREHOUSE, LOADING DOCKS, INHOUSE STORAGE OF TRUCKS,

PROPERTY FACTS

Price $1,250,000
Price Per SF $83.33
Sale Type Investment or Owner User
Cap Rate 6.50%
Sale Condition Ground Lease (Leased Fee)
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Distribution
  • Industrial Truck Terminal
  • Industrial Warehouse
Building Class C
Lot Size 1.88 AC
Rentable Building Area 15,000 SF
No. Stories 1
Year Built 1987
Tenancy Single
Parking Ratio 2.13/1,000 SF
Clear Ceiling Height 26’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 7
Zoning LDI - Light Industrial Distribution Warehouse - WAREHOUSOFFICE SPACE VACANT AS OF JUNE 30, 2025. Central Berkshire Location close to Routes 7-8-9-20

AMENITIES

  • Bus Line
  • Front Loading
  • Signage
  • Energy Performance Rating - A
  • Reception
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PITT-000011M-000007-000101
Land Assessment
$122,300
Improvements Assessment
$640,900
Total Assessment
$763,200
  • Listing ID: 24954183

  • Date on Market: 1/24/2022

  • Last Updated:

  • Address: 1 Federico Dr, Pittsfield, MA 01201

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