Erro ao processar a resposta JSON. RealEstate.news - Luxury Barrington House Lists for $5.1M in Downtown Great Barrington, MA

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Luxury Barrington House Lists for $5.1M in Downtown Great Barrington, MA

Barrington House, a downtown Great Barrington mixed-use property, listed for $5.1 million.

T
he Barrington House, a legacy-owned mixed-use property in downtown Great Barrington, is now on the market for $5.1 million through Northeast Private Client Group. This 46-unit asset offers a rare opportunity to acquire one of the largest buildings in Berkshire County's high-demand town.

    Located at 284 Main Street, The Barrington House spans 34,248 square feet with 27 apartments, 10 office suites, and 9 retail suites. The property boasts a diversified tenant mix in a supply-constrained market, with 19,900 square feet dedicated to residential use and 14,348 square feet to commercial.

    The listing highlights the potential for repositioning through a mark-to-market strategy on current rents, given that the property has been owned and operated by the same party since 1990. The building is heated by three central natural gas boiler systems, with electric included in residential units and separately metered for retail tenants.

    Situated in an affluent community with an area median income of $84,150, The Barrington House benefits from its Main Street location in one of New England's most desirable small towns. The offering presents immediate rental scale, stable in-place income, and long-term upside through rent adjustments and strategic leasing.

    The asset is currently offered at a cap rate of 7.47%, with a pro forma cap rate of 9.27%.

Downtown Great Barrington, MA luxury house for sale at $5.1 million.