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165-185 Housatonic St
Lee, MA 01238
Pilgrim Inn · Hospitality Property For Sale
·
244,807 SF
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1988 |
| Building Class | C | Tenancy | Single |
| Lot Size | 5.35 AC | Parking Ratio | 3.74/1,000 SF |
| Building Size | 244,807 SF | Corridor | Exterior |
| Zoning | BM | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 5.35 AC |
| Building Size | 244,807 SF |
| No. Stories | 2 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 3.74/1,000 SF |
| Corridor | Exterior |
| Zoning | BM |
Amenities
- Pool
- Bed & Breakfast
About 165-185 HOUSATONIC ST , LEE, MA 01238
Be the new owner of this beautiful motel in the Berkshires! The current owner is much older and would like to retire at this point. The Pilgrim Inn Motel is right off the highway only about two miles from the Beautiful UnitedStates Shrine of the Divine Mercy, It is also a perfect distance from Tanglewood Musical venue in the summer and s nostalgic drive to the amazing Berkshire mansions and museums open on exhibit along with the historic brick sidewalk towns within close proximity. The property is a tremendous value since the asking price is only slightly more than the assessed and appraised value of the property from 2017. There is also a large front parcel of this motel that is directly on the street which is a great pad for a franchise business as there are franchise stores all along the road. There is a two bedroom apartment above the office. Currently the yearly gross income of $202,000 is based on yearly occupancy of 40% with a hired full time manager on property. Also internet based room sales are not currently used in the current running operations.
Property Taxes
| Parcel Number | LENO-000044-000059 | Improvements Assessment | $285,400 |
| Land Assessment | $95,600 | Total Assessment | $381,000 |
Property Taxes
