1196 Route 28 Street a,b,c,d,e,f,g,h,i, South Yarmouth, MA 02664 (MLS# 22206251)

1196 Route 28 Street a,b,c,d,e,f,g,h,i, South Yarmouth, MA 02664

$2,575,000
Property Type: Commercial Square Footage: 13,564 Lot Size (sq. ft.): 83,635 Status: Closed
Current Price: $2,575,000 List Date: 12/14/2022 Last Modified: 9/29/2024

Description

The Hearth n Kettle Plaza is a fully tenanted profitable Retail office Plaza. The Property consists of two single story, wood framed multi tenanted retail buildings, consisting of a total of nine units, d/b/d The Hearth n Kettle Shopping Plaza. Four of the units are in building One and five are in Building two. Building one, built in 1970, consists of four units and is a full-Service fully equipped Restaurant space (Units A & B )containing 5570 SF and 209 licensed seats. The highly successful Hearth n Kettle Restaurant has been in operation there since 1977. The interior of the restaurant features a fireplace, bar area, open kitchen, and three distinctly separate dining areas with fixed pane windows overlooking James Pond and separate booths. T

More Information MLS# 22206251

Contract Info

List Price/SqFt: 220.81 Status: Closed Original List Price: 2995000 Sold Price: $2,575,000 Current Price: $2,575,000 List Date: 2022-12-14

Legal and Taxes

Unit #: a,b,c,d,e,f,g,h,i Town: Yarmouth Village: South Yarmouth Estimated Annual Taxes: 12420 Building Assessments: 1084000 Other Assessments: 0 Total Assessment: 1531500 Betterment: 154 Title Reference - Book: 9574-0007 Underground Fuel Tank: No Flood Ins Required: No Lead Base Paint: Unknown Asbestos: Unknown Elevation Certificate: No Mass Use Code: 10 - Multiple Use Property Street #: 1196 Street Name: Route 28 Street Suffix: Street County: Barnstable State: MA Zip Code: 02664 Tax ID: 60-4 Tax Year: 2023

General Property Info

Region: Mid-Cape Sub-Area: Bass River Primary Sub-Type: Retail School District: Dennis-Yarmouth Secondary Sub-Type: Restaurant Zoning: B Other Sub-Type: Mixed Use Renovated: Yes # of Buildings: 2 Year Renovated: 1970 Stories: 1 Field Card SqFt: 5664 Additional Finished Space: 7900 # of Units: 9 Additional SqFt Source: Appraiser Seating Capacity: 101 or More Condo: No Association: No Business w/Real Estate: Yes Lot Size SqFt: 83635 Lot Size Source: Appraiser Acres: 1.92 Approximate Road Frontage: 660 Waterfront: Yes Water Body: James Pond Waterfront Type: Lake/Pond Waterview: Yes Water Body View: James Pond Waterview Type: Lake/Pond Residential Units: No Commercial Units: Yes Total # Comm Units: 9 Industrial Units: No Property Includes Recording Devices: No Total Finished Space: 13564 Year Built: 1967

Remarks & Misc

Public Remarks: The Hearth n Kettle Plaza is a fully tenanted profitable Retail office Plaza. The Property consists of two single story, wood framed multi tenanted retail buildings, consisting of a total of nine units, d/b/d The Hearth n Kettle Shopping Plaza. Four of the units are in building One and five are in Building two. Building one, built in 1970, consists of four units and is a full-Service fully equipped Restaurant space (Units A & B )containing 5570 SF and 209 licensed seats. The highly successful Hearth n Kettle Restaurant has been in operation there since 1977. The interior of the restaurant features a fireplace, bar area, open kitchen, and three distinctly separate dining areas with fixed pane windows overlooking James Pond and separate booths. T Directions to Property: Rt 6 East to exit 8 . Union street to Rt 28 S .

Status Change Info

Concessions: No Estimated Selling Date: 2023-05-05 Sold Price/SqFt: 189.84 SP/AV: 1.68 Under Contract Date: 2023-01-27 Sold Date: 2023-05-05 Sold Price: $2,575,000

Special Listing Cond

Real Estate Owned: 1

Security Features

Building Security: 1 Fire Alarm: 1 Fire Sprinkler System: 1

Location Description

East of Route 6: 1

Lot Features

Level: 1 Pond on Lot: 1

Basement Description

Cape Cod: 1 Full: 1

Building/Business

Building Name: Hearth n Kettle Plaza Business Name: Hearth N Kettle Restaurant Years Established: 25

Present Use

Restaurant: 1 Retail: 1

Parking Features

Assigned: 1 Driveway: 1 Paved: 1

Business Includes

Business Name: 1 Equip Inventory Avl: 1 Equipment: 1 Goodwill: 1

Waterview Direction

South: 1

Waterfront Desc

Lake/Pond: 1

Foundation Details

Block: 1 Slab: 1

Beach Description

Lake/Pond: 1

Convenient To

Bike Path: 1 Cape Cod Rail Trail: 1 Conservation Area: 1 Golf Course: 1 House of Worship: 1 Marina: 1 Medical Facility: 1 Shopping: 1

Beach Ownership

None: 1

Floors

Carpet: 1 Hardwood: 1 Vinyl: 1

Walls

Sheet Rock: 1 Wood: 1

Utilities

Cable: 1 Electricity: 1 Gas: 1 High Speed Internet: 1 Telephone: 1

Building Const

Wood Frame: 1

Exterior Features

Curb Cuts: 1 Sign: 1

Roof Description

Asphalt: 1 Pitched: 1

Siding Description

Brick: 1 Clapboard: 1

Heating

Forced Air: 1

Cooling

Central Air: 1 Wall Unit(s): 1

Fuel Type

Electric: 1 Natural Gas: 1

Water

Public: 1

Hot Water

Water Heater: 1

Hot Water Source

Natural Gas: 1

Seasonal

Year Round: 1

Gas

At Street: 1

Property Features

Special Listing Cond: Real Estate Owned Security Features: Building Security; Fire Alarm; Fire Sprinkler System Location Description: East of Route 6 Present Use: Restaurant; Retail Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill Lot Features: Level; Pond on Lot Parking Features: Assigned; Driveway; Paved Waterfront Desc: Lake/Pond Waterview Direction: South Beach Description: Lake/Pond Beach Ownership: None Convenient To: Bike Path; Cape Cod Rail Trail; Conservation Area; Golf Course; House of Worship; Marina; Medical Facility; Shopping Floors: Carpet; Hardwood; Vinyl Walls: Sheet Rock; Wood Foundation Details: Block; Slab Basement Description: Cape Cod; Full Building Const: Wood Frame Roof Description: Asphalt; Pitched Siding Description: Brick; Clapboard Heating: Forced Air Cooling: Central Air; Wall Unit(s) Fuel Type: Electric; Natural Gas Water: Public Hot Water: Water Heater Hot Water Source: Natural Gas Seasonal: Year Round Utilities: Cable; Electricity; Gas; High Speed Internet; Telephone Gas: At Street
Listing Office: The Realty Advisory Inc.
Listing Agent: Richard Catania
IDX
Last Updated: September - 29 - 2024
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