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75 North St 71,803 SF 97% Leased Office Building Pittsfield, MA 01201 $2,895,000 ($40.32/SF) 9.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Highest quality tenant mix in Pittsfield
  • Beautiful leasehold improvements throughout building

EXECUTIVE SUMMARY

Welcome to the Central Block, Pittsfield's premier mixed-use commercial building located at 75 North Street in the heart of the downtown. Faithfully maintained and improved for the past 19 years by the current owner, the Central Block has established itself as the best address in the City making it a consistently high performing investment property and a great addition to any commercial real estate portfolio. We invite you to call us for more information and a tour of this exceptional property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
71,803 SF
Building Class
B
Year Built/Renovated
1881/2001
Price
$2,895,000
Price Per SF
$40.32
Cap Rate
9.50%
NOI
$275,000
Percent Leased
97%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
10,614 SF
Building FAR
4.12
Lot Size
0.40 AC
Opportunity Zone
Yes
Zoning
BD - Business District

AMENITIES

  • Controlled Access
  • Courtyard
  • Property Manager on Site
  • Security System
  • Wheelchair Accessible
  • Air Conditioning
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
PITT-000009H-000003-000001
Land Assessment
$137,800
Improvements Assessment
$2,064,400
Total Assessment
$2,202,200
  • Listing ID: 32072347

  • Date on Market: 6/8/2024

  • Last Updated:

  • Address: 75 North St, Pittsfield, MA 01201

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