Wainwright Inn 518 Main St
11 Room Bed and Breakfast Great Barrington, MA 01230 $1,590,000 ($144,545/Room) 10% Cap Rate
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,590,000 |
| Price Per Room | $144,545 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 7,132 SF |
| No. Rooms | 11 |
| No. Stories | 3 |
| Year Built | 1790 |
| Tenancy | Single |
| Parking Ratio | 1.54/1,000 SF |
| Corridor | Interior |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Public Access Wifi
- Smoke-Free
ABOUT 518 MAIN ST , GREAT BARRINGTON, MA 01230
The iconic Wainwright Inn, located in the center of Great Barrington, the largest town and hub of the famous Berkshires vacation destination in Western Massachusetts. The Inn consists of a main house with 9 guest suites and a spacious owner’s suite, and a carriage house with an apartment and two additional guest suites. The iconic Wainwright Inn, built in 1766, is ideally located on Main Street in Great BarIn pristine condition, the current owners have improved the property significantly to include: AC system, new kitchen, structural upgrades, new parking lot and landscaping. Solid income and occupancy history. Known for its beauty, the Inn features spacious public rooms with high ceilings, fireplaces and historical details intact, and large suites, each with a bathroom. Just a short walk to the many restaurants and shops of the town, and just minutes to Tanglewood.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 11 | $174.00 | - |
PROPERTY TAXES
| Parcel Number | GREA-000022-000000-000027 | Improvements Assessment | $961,200 |
| Land Assessment | $166,400 | Total Assessment | $1,127,600 |
ZONING
| Zoning Code | B2 (Neighborhood Business) |
