Property Description

Exceptional mixed-use investment opportunity in the heart of downtown Pittsfield! This historic Main Street property offers the perfect blend of immediate rental income and outstanding value-add potential. The building features three fully occupied residential apartments on the second floor, providing steady cash flow, along with an impressive 3,241-square-foot commercial space formerly operated as a restaurant. Rich in character, the commercial space showcases beautiful tin ceilings, original hardwood floors, a large full-service bar, spacious dining areas, an entertainment stage, commercial kitchen and additional finished space in the basement. While ideally suited for another restaurant, caf, bakery, or coffee shop, the Commercial District zoning also allows a variety of retail, office, professional service, and mixed-use opportunities (buyers to verify intended use with the Town). Adding even more potential, the expansive unfinished third floor offers incredible possibilities for future expansion, additional storage, or redevelopment, subject to approvals. Believed to have once served as a grand ballroom, this remarkable space is filled with historic character and provides a blank canvas for your vision. Ideally situated on high-visibility Main Street with excellent traffic counts and convenient access to Concord, the Lakes Region, and major commuter routes, this property is surrounded by local businesses and community amenities. Whether you're an investor seeking reliable income with future upside, an entrepreneur launching a restaurant, bakery, caf, retail business, or professional office, or someone looking for a unique historic property with room to grow, this exceptional offering presents endless possibilities. All units are separately metered and pay their own heat/electric. Rent roll and expenses available upon request.

Property Features