75 North St
71,803 SF 97% Leased Office Building Pittsfield, MA 01201 $3,280,000 ($45.68/SF) 8.73% Cap Rate
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 17 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
$3,280,000
Price Per SF
$45.68
Cap Rate
8.73%
NOI
$286,344
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
- Central Heating
- Air Conditioning
1 of 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | PITT-000009H-000003-000001 | Improvements Assessment | $2,064,400 |
| Land Assessment | $137,800 | Total Assessment | $2,202,200 |
