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

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

More Information

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

Documents

Offering Document ›

Listing Office: The Realty Advisory Inc.

Listing Agent: Richard Catania

Last Updated: September - 29 - 2024

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