151 Smead Hill Rd - Hospitality FOR SALE


Greenfield, MA 01301
$990,000 USD
802-279-4333
151 Smead Hill Rd, Greenfield, MA for Sale
$990,000 USD
Hospitality - FOR SALE
1/6
null | 18.2% Cap Rate

151 Smead Hill Rd
Greenfield, MA 01301


HIGHLIGHTS

  • Under utilized... the B&B is ready to go: Just turn it on
  • Well renowned for their weddings and corporate events
  • Quietly located in the Heart of Western Massachusetts... attractions, restaurants, retail, museums, ski areas etc.

OVERVIEW

Owners have drastically reduced the price on this property. The business has seen a decline in the recent years for personal reasons. This is a B&B that is currently only being used as an event center. The B&B portion of the business is untapped. Immediate increase in cash flow once the B&B is combined with the event business.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$206 USD /SF

# OF ROOMS

6

PRICE/ROOM

$165,000 {currency}

CAP RATE

18.2%

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1993

PARKING SPACES

17

LAND DETAILS

LAND ACRES

5.19 AC

LAND SF

226,076 SF

ZONING

R1

APN/PARCEL ID

GREE-000033R-000019

ASK ABOUT THIS PROPERTY

Tim PiperHearthside GroupMore Info
802-279-4333

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Tim PiperHearthside GroupMore Info
802-279-4333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.