NOT LISTED FOR SALE

Estimated Value: $2,293,281

-- Bed
2 Baths
2,199 Sq Ft
$1,043/Sq Ft Est. Value

Highlights

  • Forced Air Cooling System
  • Wheelchair Access
  • Hot Water Heating System
  • Monument Mountain Regional High School Rated A-
  • Accessible Approach with Ramp

About This Home

As of June 2012

Ready-to-Go restaurant setup in the most prime area of heavily-traveled Rte. 7 in Great Barrington, MA. Lease terms are triple net. Lot size is 27,109 sf; Parking for about 55 cars.

Last Agent to Rent the Property

Thomas Doyle, Sr.

BISHOP WEST REAL ESTATE License #009532988 Listed on: 03/23/2012

Last Renter's Agent

Lance Vermeulen

LANCE VERMEULEN RE, INC License #9038947

Property Details

Property Type

  • Other

Year Built

  • 1965

Lot Details

  • Property is zoned Business, Industrial, Multi

Parking

  • Off-Street Parking

Home Design

  • Wood Frame Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,199 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Alarm System

Accessible Home Design

  • Wheelchair Access
  • Meets ADA Requirements
  • Handicap Accessible
  • Handicap Modified
  • Doors are 32 inches wide or more
  • Accessible Approach with Ramp
  • Hand Rail

Utilities

  • Forced Air Cooling System
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Property Details

Property Type

Other

Year Built

1965

Lot Details

0

Rental Info

  • Lease Info: Vacant/Yes
  • Lease Info Date Available: immediate
  • Rent Price per Sq Ft: 22.00

Listing Details

  • Property Type: Rental
  • Property Type: Lease
  • Accessibility: Accessible Approach with Ramp | Wide Doorways | Wheelchair Access | Meets ADA | Handrails | Handicap Design | Handicap Access
  • Construction: 2x6 Walls | Wood Frame
  • Directions: Rte. 7 north of Great Barrington downtown area, on the way to Stockbridge, MA.
  • Marketing Headline: Restaurant setup ready to go!
  • Property Use Stat: Other
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1965

Interior Features

  • Total Bathrooms: 2.00
  • Total Full Baths: 2
  • Basement: Concrete Floor | Full
  • Insulation: Fiberglass
  • Interior Amenities: Air Cond | High Speed Wiring | Alarm System
  • Basement Included in the Sq Ft: Yes

Exterior Features

  • Exterior Amenities: Bus-Public
  • Roof: Asphalt | Fiberglass

Garage/Parking

  • Parking Spaces Type: Off Street

Utilities

  • Electric Type: 400 Amp | Circuit Breakers
  • Fuel: Nat Gas
  • Heat Cool: Central AC | Hot Water | Forced Air
  • Hot Water: Nat Gas
  • Internet Service: Cable Available | Satellite Available | WiSpring Available | DSL Available | Dial Up Available

Lot Info

  • Map Ref: M:009.0 B:0000 L:0040.0
  • Right To Farm Comm: Yes
  • Zoning: Business | Industrial | Residential | Multi

Tax Info

  • Taxes: 13708.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2007
Sold by
Friendlys Realty I Llc
Bought by
Oice Llc
Current Estimated Value
$2,293,281

Purchase Details

Closed on
Jan 7, 2002
Sold by
Friendly Ice Cream Cor
Bought by
Friendlys Rlty I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000,000
Interest Rate
6.72%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oice Llc $1,207,500 --
O Ice Llc $1,207,500 --
Friendlys Rlty I Llc $550,000 --
Friendlys Rlty I Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friendlys Rlty I Llc $55,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2012 06/18/12 Rented $1 -95.5% --
05/19/2012 05/19/12 Under Contract -- -- --
03/23/2012 03/23/12 For Rent $22 -- --
Source: Berkshire County Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,915 $791,500 $169,400 $622,100
2024 $10,872 $782,700 $180,700 $602,000
2023 $11,013 $782,700 $180,700 $602,000
2022 $10,946 $736,600 $171,300 $565,300
2019 $10,844 $689,800 $171,300 $518,500
2018 $11,042 $737,100 $171,300 $565,800
2017 $9,677 $662,800 $171,300 $491,500
2016 $9,156 $640,700 $171,300 $469,400
2015 $8,790 $640,700 $171,300 $469,400
Source: Public Records

Agents Affiliated with this Home

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Source: Berkshire County Board of REALTORS®

MLS Number: 197491

Berkshire County Board of REALTORS®

APN: GREA-000009-000000-000040