77 Hospital Avenue, North Adams, MA

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1 For Sale $1,499,000 47,738 SF Class A Medical Office Building 77 Hospital Avenue, North Adams, MA MLS # Property Features Investment opportunity to purchase a recently built 47,778 SF Class A medical office building at a fraction of the cost to build new Located less than ½ mile from downtown North Adams on the North Adams campus of Berkshire Medical Center providing out-patient and urgent care services Excellent condition with easement for 234 parking spaces Ideal for owner-occupants like medical practices, healthcare providers, or social service groups needing up to 12,000 SF or more to occupy Long-term ground lease in place Financial package available for qualified buyers Felton McLaughlin, CCIM, SIOR Office ext. 208 Mobile Felton@ The information contained herein has been given to us by the owner of the property or by other sources we deem reliable; we have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

2 Directions 77 Hospital Avenue, North Adams, MA MLS # Building Information Building SF: 47,738 SF Available SF: 30,325 SF Zoning: Commercial Parcel: 0.50 acre ground lease on a 29.8 acre tax parcel Ground Lease: 51-Year Term Expires 9/30/ Year Renewal Option Parking: 234 Private Spaces -91 Surface Lot Spaces Covered Spaces -123 Common Parking Garage Ceiling Height: 10 ft. Stories: 3 Water / Sewer: Municipal Heat: GHA Construction: Steel / Masonry Roof: EPDM Ballast North for 1/2 mile on Eagle St from Main St (Rt 2) in downtown North Adams. Turn left on Hospital Ave to entrance to Berkshire Health Systems and 77 Hospital Ave is on the medical campus.

3 Demographics (for zip code 01247) 2017 POPULATION 15, HOUSEHOLDS 6, AVERAGE HOUSEHOLD SIZE AVERAGE HOUSEHOLD INCOME $51, PROJECTED HOUSEHOLD INCOME $56, UNEMPLOYMENT RATE 5.3% 2017 TOTAL HEALTH CARE SPENDING $24,909, AVERAGE HEALTH CARE SPENDING / HOUSEHOLD $3,834.60

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5 FIRST FLOOR PLAN 4,854 SF Suite 110 Advanced Eyecare Suite 107 Vacant 3,617 SF 2,794 SF Suite 102 Hillcrest Dental Suite 104/108 Vacant Suite 109 Vacant 3,068 SF 925 SF SECOND FLOOR PLAN 3,787 SF 530 SF 1,366 SF 2,168 SF Suite 202 Dr. Van Uitert Suite 200 Vacant Suite 206 Berkshire ENT Suite 204 Vacant Suite 212 Vacant Suite 208 Greylock (Dr. Zheng) Suite 210 Tapestry Suite 214 Vacant 2,592 SF 2,130 SF 1,193 SF 1,195 SF THIRD FLOOR PLAN 3,983 SF Suite 302 Northern Berkshire Peds Suite 300 Vacant 12,278 SF

6 77 Hospital Ave H 20 Parking Spaces on Surface Lot 91 Parking Spaces on Surface Lot 123 Parking Spaces on 2nd & 3rd Levels of Deck TOTAL PARKING SPACES = 234 (5 spaces/1,000 SF)

7 Felton McLaughlin, CCIM, SIOR Associate Broker Scope of Service Experience McLaughlin specializes in office, tenant representation, multi-family, investment properties and 1031 exchanges. Felton received his Certified Commercial Investment Member (CCIM) designation in 2013 and membership in the Society of Industrial and Office Realtors (SIOR) in Professional Associations & Designations President, Commercial and Industrial Real Estate Brokers (CIREB) Greater Capital Association of Realtors (GCAR) National Association of Realtors NYS Association of Realtors Certified Commercial Investment Member (CCIM) Society of Industrial and Office Realtors (SIOR) Director, Downtown Albany Business Improvement District Federal Political Coordinator, National Association of Realtors Peter West Scope of Service Experience No stranger to the business, Peter has been a Realtor since He is licensed in MA, NY, VT & FL. He currently holds the ABR, AHWD, CRS, GRI, SRES, SFR residential designations as well as the CCIM and SEC commercial designations. Peter has worked in many areas of real estate including residential, land, and commercial sales. He has also worked as an appraiser and a mortgage lender. Combining these talents, he is a popular speaker at real estate events all over North America. He is a former National Sales Trainer for Century 21 Real Estate Corporation. In 2007 Peter was inducted into the Buyers Agent Hall of Fame of the National Association of Realtors. He currently serves as the Chairman of the Adams Zoning Board of Appeals. Corey Bishop Scope of Service Experience After switching gears from owning an auto detailing and reconditioning business, Corey became a Realtor in He is currently licensed in MA and VT. He currently holds the ABR, AHWD, CRS, SFR and GRI residential designations as well as the SEC commercial designation. He is also a licensed Construction Supervisor in MA and Home Improvement Contractor. While working in residential real estate, Corey has branched out and now works with land clients as well as commercial and investment clients. Corey has been involved with real estate training and now heads up the companies training department as well. He currently serves on the Adams Conservation Commission and is the past President of the North Adams Rotary Club.

8 NAI Platform delivers superior results for our clients. We meet and exceed their commercial real estate needs through a team of specialized experts. Our professionals possess extensive knowledge and experience of the industry s intricate nuances, helping our clients surpass their goals. We deliver a range of diversified services at an unparalleled value. 14 Corporate Woods Boulevard Suite 100 Albany, New York USA 12211