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27 Park St
Adams, MA 01220
Retail Property For Sale
Property Facts
About 27 PARK ST , ADAMS, MA 01220
What we have for sale here is an excellent development opportunity. Over 10,000 sq feet of commercial real estate is for sale. Currently occupying 1250 sq feet we have a Subway restaurant with an executed lease through Jan 24, 2023. Also included you have a flexible, multi-use 8.000 SF space. It is currently setup as a 500 seat theater with dressing rooms and separated CAFE. For all pre qualified buyers there are Architectural and engineering plans completed as well as financials on the current operation. Audience potential Large and growing audience for the arts 1 million+ annual visitors to Berkshire County which has an Average household income $100,000, 55% college educated 59% attend performing arts events, 80% visit museums/historic sites (Berkshire Visitors Bureau) Clark Art Institute has an average of 200,000 visitors annually MASS MoCA hosts north of 250,000. The development is being welcomed by the town of Adams Feasibility study revealed strong local support for restoring theater Town officials see the theater as a potential anchor for downtown revitalization and job creation & this project is supported by local arts and civic organizations
Property Taxes
| Parcel Number | ADAM-000115-000000-000008 | Improvements Assessment | $499,700 |
| Land Assessment | $76,200 | Total Assessment | $575,900 |
Property Taxes
