This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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

Great investment property with strong financials.

Property Facts

Price $1,590,000
Price Per Room $144,545
Sale Type Investment
Cap Rate 10%
Sale Conditions 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

PROPERTY TAXES

Parcel Number
GREA-000022-000000-000027
Land Assessment
$179,400
Improvements Assessment
$809,600
Total Assessment
$989,000

zoning

Zoning Code B2 (Neighborhood Business)
B2 (Neighborhood Business)
  • Listing ID: 33662408

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 518 Main St, Great Barrington, MA 01230

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}