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163 South St
Pittsfield, MA 01201
O'Reilly Strip Center · Retail Property For Sale
Investment Highlights
- 100% Occupied Strip Center
- Strong Positioning at Four-Way Signalized Intersection with Considerable Traffic
- Ideal Demographics | Downtown Pittsfield
- Potential Value Add Opportunity
Executive Summary
Surmount is pleased to present the exclusive listing for an O'Reilly Auto Parts Strip Center located at 163 South St, Pittsfield, MA 01201. The site consists of roughly 13,750 rentable square feet of building space on an estimated 0.89-acre parcel of land. The weighted average lease term is 9.80. The current annual net operating income is $217,521.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,671 SF
Building Class
B
Year Built/Renovated
1993/2024
Price
$3,189,000
Price Per SF
$233.27
Cap Rate
6.82%
NOI
$217,521
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
BG - General Business
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | PITT-000008H-000007-000001 | Improvements Assessment | $1,124,900 |
| Land Assessment | $194,700 | Total Assessment | $1,319,600 |
Property Taxes
Parcel Number
PITT-000008H-000007-000001
Land Assessment
$194,700
Improvements Assessment
$1,124,900
Total Assessment
$1,319,600
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