17 Nell Way, Orleans, MA 02653 (MLS# 22005235)
17 Nell Way, Orleans, MA 02653
$2,100,000
Property Type:
Commercial
Square Footage:
27,119
Lot Size (sq. ft.):
158,558
Status:
Closed
Current Price:
$2,100,000
List Date:
8/14/2020
Last Modified:
9/29/2024
Description
29,369 +/- sqft shopping plaza in two buildings on 3.60 acres. Property abuts the Mid-Cape Highway just off exit 12 in Orleans, MA. Built in 1980 as a eco-friendly, commercial plaza, the building is primarily concrete. Concrete elements include entire rear wall, all sides, arched unit partition walls are concrete but passable (sub-divisible), the roof is a concrete dome roof with octagonal silo style skylight. The roof is covered with earth and grass. Coverage and existing square feet are nearly impossible to replicate on Cape Cod. The plaza is a great opportunity for a investor / end user looking for: a redevelopment project, multi-tenant, large building, repurpose, special purpose, value add, mixed-use conversion opportunity. Significant grandfathered impervious surface.150 parking spots, mature plantings. You or you buyer is a seasoned commercial real estate developer or investment partnership interested in reinventing a 40 year old plaza. Tear it down if the numbers work, however a buyer that can repurpose the infrastructure and concrete that is already there is going to save a lot of time and money. This is an ideal 1031 Exchange property. Sell the City, buy the Cape Cod.
More Information MLS# 22005235
Contract Info
List Price/SqFt: 84.44
Status: Closed
Original List Price: 2290000
Sold Price: $2,100,000
Current Price: $2,100,000
List Date: 2020-08-13
Legal and Taxes
Town: Orleans
Village: Orleans
Estimated Annual Taxes: 14627
Building Assessments: 644100
Other Assessments: 39400
Total Assessment: 1934800
Title Reference - Book: 17992-67
Flood Ins Required: No
Lead Base Paint: Unknown
Mass Use Code: 10 - Multiple Use Property
Street #: 17
Street Name: Nell
Street Suffix: Way
County: Barnstable
State: MA
Zip Code: 02653
Tax ID: 46-16-0
Tax Year: 2020
General Property Info
Region: Lower Cape
School District: Nauset
Zoning: GB
Renovated: No
# of Buildings: 2
Stories: 1
Condo: No
Business w/Real Estate: No
Lot Size SqFt: 158558
Lot Size Source: Field Card
Acres: 3.64
Waterfront: No
Waterview: No
Residential Units: No
Commercial Units: Yes
Industrial Units: No
Property Includes Recording Devices: No
Total Finished Space: 27119
Year Built: 1980
Remarks & Misc
Public Remarks: 29,369 +/- sqft shopping plaza in two buildings on 3.60 acres. Property abuts the Mid-Cape Highway just off exit 12 in Orleans, MA. Built in 1980 as a eco-friendly, commercial plaza, the building is primarily concrete. Concrete elements include entire rear wall, all sides, arched unit partition walls are concrete but passable (sub-divisible), the roof is a concrete dome roof with octagonal silo style skylight. The roof is covered with earth and grass. Coverage and existing square feet are nearly impossible to replicate on Cape Cod. The plaza is a great opportunity for a investor / end user looking for: a redevelopment project, multi-tenant, large building, repurpose, special purpose, value add, mixed-use conversion opportunity. Significant grandfathered impervious surface.150 parking spots, mature plantings. You or you buyer is a seasoned commercial real estate developer or investment partnership interested in reinventing a 40 year old plaza. Tear it down if the numbers work, however a buyer that can repurpose the infrastructure and concrete that is already there is going to save a lot of time and money. This is an ideal 1031 Exchange property. Sell the City, buy the Cape Cod.
Directions to Property: Route 6A to exit 12, Nell Way akd 225 Cranberry Highway is right at the exit
Status Change Info
Concessions: No
Estimated Selling Date: 2021-07-16
Sold Price/SqFt: 77.44
SP/AV: 1.09
Under Contract Date: 2021-01-13
Sold Date: 2021-07-16
Sold Price: $2,100,000
Special Listing Cond
None: 1
Basement Description
No Basement: 1
Parking Features
Driveway: 1
On Street: 1
Open: 1
Paved: 1
Foundation Details
Slab: 1
Beach Description
None: 1
Beach Ownership
None: 1
Floors
Carpet: 1
Tile: 1
Wood: 1
Walls
Other - See Remarks: 1
Exterior Features
Fluorescent Lights: 1
Roof Description
Asphalt: 1
Composition: 1
Siding Description
Clapboard: 1
Shingle: 1
Heating
Other: 1
Cooling
Central Air: 1
Fuel Type
Natural Gas: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Natural Gas: 1
Property Features
Special Listing Cond: None
Parking Features: Driveway; On Street; Open; Paved
Beach Description: None
Beach Ownership: None
Floors: Carpet; Tile; Wood
Walls: Other - See Remarks
Foundation Details: Slab
Basement Description: No Basement
Roof Description: Asphalt; Composition
Siding Description: Clapboard; Shingle
Heating: Other
Cooling: Central Air
Fuel Type: Natural Gas
Water: Public
Hot Water: Water Heater
Hot Water Source: Natural Gas
Listing Office:
LAER Realty Partners
Listing Agent:
James Kalweit
Last Updated: September - 29 - 2024
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