242 Pittsfield Road Lenox, Massachusetts 01240

For Sale Family-Owned Restaurant/Bar in the Berkshires Development Opportunity on 4.18 Acres | 3 miles to Tanglewood

Property Highlights

. Historic Building, Family-Owned Restaurant . First Floor, Open Dining Room & Bar (2,941 SF) OFFERING SUMMARY . Full Basement with Walk-ins, Prep Stations, Wine Cellar (2,798 SF) Sale Price $939,000 . 3-Bedroom Apartment (1,037 SF), Market Rate Rent ($1,800/month) Lot Size 4.18 Acres . Located in Beautiful Lenox, A Tourist Destination in the Berkshires . On Route 20, 3 Miles to Tanglewood

Property Description For Sale, fully equipped, established restaurant located in the Berkshires. For more information Take over this charming Italian restaurant that serves authentic Italian William H. Low Jr. cuisine and has a 4 star rating, or create your own business endeavor in O: 413 200 6023 | C: 413 237 9692 [email protected] this well-maintained, historical building. The property offers an excellent location on a heavily traveled artery, only 3 miles to Tanglewood which attracts many concert goers to the region. The property is situated on Stephen Picard 4.18 acres of land and is adjacent to two newly developed hotels. O: 413 634 4241 | C: 860 593 2292 [email protected]

1350 Main Street, Suite 1410 Springfield, MA 01103 413 781 8000 tel NAIPlotkin.com For Sale Family-Owned Restaurant/Bar in the Berkshires Development Opportunity on 4.18 Acres | 3 miles to Tanglewood

Property Overview

. Unique highly visible location in Lenox!

. The first floor restaurant offers a 2,941 square feet rustic, open floor with full seating, high wood beam ceilings, wood burning stove, and a bar. This also includes a 2,798 square foot basement with walk-in coolers, bread oven, prep stations and wine cellar. The total restaurant space with the full basement is 5,739 square feet.

. The building also has a 1,037 square foot 3-bedroom apartment located on the second floor. Positive monthly income ++.

. The sale includes all equipment and a liquor license.

Location Overview

The property is located on a heavily traveled road (Route 20) in Lenox, MA. Lenox is a small New England town that has been a popular retreat for centuries. In the summer months, Tanglewood is home to the Boston Symphony Orchestra and hosts many musical venues bringing thousands of people to the region. Lenox offers hiking and biking paths at the Pleasant Valley Sanctuary, as well as numerous snow skiing and cross- country trails during the winter months. This is an amazing opportunity to own a restaurant/ bar in beautiful and affluent Lenox.

FINANCIAL SUMMARY

Real Estate Taxes (2018) $10,082.56

Total Assessed Value: $683,100 For more information William H. Low Jr. O: 413 200 6023 | C: 413 237 9692 [email protected]

Stephen Picard O: 413 634 4241 | C: 860 593 2292 [email protected]

1350 Main Street, Suite 1410 Springfield, MA 01103 413 781 8000 tel NAIPlotkin.com For Sale Family-Owned Restaurant/Bar in the Berkshires Development Opportunity on 4.18 Acres | 3 miles to Tanglewood

Population 1 Mile 5 Miles 10 Miles TOTAL POPULATION 728 38,366 89,469 MEDIAN AGE 45.0 42.3 43.1 MEDIAN AGE (MALE) 43.5 41.5 42.2 MEDIAN AGE (FEMALE) 48.6 43.6 44.3

Households & Income 1 Mile 5 Miles 10 Miles TOTAL HOUSEHOLDS 312 17,072 38,614 # OF PERSONS PER HH 2.3 2.2 2.3 AVERAGE HH INCOME $74,292 $60,230 $62,333 AVERAGE HOUSE VALUE $244,319 $247,124

* Demographic data derived from 2010 US Census

1350 Main Street, Suite 1410 Springfield, MA 01103 413 781 8000 tel NAIPlotkin.com For Sale Family-Owned Restaurant/Bar in the Berkshires Development Opportunity on 4.18 Acres | 3 miles to Tanglewood

Disclaimer: This Offering Memorandum has been prepared designed to assist a potential buyer in determining whether to proceed with an in-depth investigation of the subject property. NAI Plotkin make no representations concerning the condition of the subject properties and advises prospective buyers to obtain professional assistance in this regard. Any projections contained herein represent best estimates based on assumptions that are considered reasonable. No representations or warranties, expressed or implied, are made that actual results will conform to such projections.This document is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes in the information, and is subjectto modification or withdrawal without notice. The contents herein are confidential and are not to be reproduced or distributed to another party without the proper written consent of NAI Plotkin and the owner.

For more information William H. Low Jr. O: 413 200 6023 | C: 413 237 9692 [email protected]

Stephen Picard O: 413 634 4241 | C: 860 593 2292 [email protected]

1350 Main Street, Suite 1410 Springfield, MA 01103 413 781 8000 tel NAIPlotkin.com