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

Overview

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

Listing Details MLS# 22206251

Contract Info

Original List Price
2995000
List Price/SqFt
220.81

Legal and Taxes

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

General Property Info

Region
Mid-Cape
Sub-Area
Bass River
Primary Sub-Type
Retail
Secondary Sub-Type
Restaurant
Other Sub-Type
Mixed Use
School District
Dennis-Yarmouth
Zoning
B
# of Buildings
2
Stories
Yes
# of Units
9
Total Finished Space
13564
Field Card SqFt
5664
Additional Finished Space
7900
Additional SqFt Source
Appraiser
Seating Capacity
101 or More
Condo
No
Association
No
Year Built
1967
Renovated
Yes
Year Renovated
1970
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

Status Change Info

Concessions
No
Estimated Selling Date
2023-05-05
Under Contract Date
2023-01-27
Sold Date
2023-05-05
Sold Price/SqFt
189.84
SP/AV
1.68

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 .

Special Listing Cond

Real Estate Owned
Yes

More Information

Security Features

Building Security
Yes
Fire Alarm
Yes
Fire Sprinkler System
Yes

Location Description

East of Route 6
Yes

Lot Features

Level
Yes
Pond on Lot
Yes

Basement Description

Cape Cod
Yes
Full
Yes

Building/Business

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

Present Use

Restaurant
Yes
Retail
Yes

Parking Features

Assigned
Yes
Driveway
Yes
Paved
Yes

Business Includes

Business Name
Yes
Equip Inventory Avl
Yes
Equipment
Yes
Goodwill
Yes

Waterview Direction

South
Yes

Waterfront Desc

Lake/Pond
Yes

Foundation Details

Block
Yes
Slab
Yes

Beach Description

Lake/Pond
Yes

Convenient To

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

Beach Ownership

None
Yes

Floors

Carpet
Yes
Hardwood
Yes
Vinyl
Yes

Walls

Sheet Rock
Yes
Wood
Yes

Utilities

Cable
Yes
Electricity
Yes
Gas
Yes
High Speed Internet
Yes
Telephone
Yes

Building Const

Wood Frame
Yes

Exterior Features

Curb Cuts
Yes
Sign
Yes

Roof Description

Asphalt
Yes
Pitched
Yes

Siding Description

Brick
Yes
Clapboard
Yes

Heating

Forced Air
Yes

Cooling

Central Air
Yes
Wall Unit(s)
Yes

Fuel Type

Electric
Yes
Natural Gas
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Natural Gas
Yes

Seasonal

Year Round
Yes

Gas

At Street
Yes

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
IDX
Listing Office: The Realty Advisory Inc.
Listing Agent: Richard Catania
Last Updated: September - 29 - 2024
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