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
Listing Details MLS# 22005235
Contract Info
- Original List Price
- 2290000
- List Price/SqFt
- 84.44
Legal and Taxes
- Street #
- 17
- Street Name
- Nell
- Street Suffix
- Way
- County
- Barnstable
- Town
- Orleans
- Village
- Orleans
- State
- MA
- Zip Code
- 02653
- Tax ID
- 46-16-0
- Estimated Annual Taxes
- 14627
- Tax Year
- 2020
- Building Assessments
- 644100
- Other Assessments
- 39400
- Total Assessment
- 1934800
- Title Reference - Book
- 17992-67
- Lead Base Paint
- Unknown
- Flood Ins Required
- No
- Mass Use Code
- 10 - Multiple Use Property
General Property Info
- Region
- Lower Cape
- School District
- Nauset
- Zoning
- GB
- # of Buildings
- 2
- Stories
- Yes
- Total Finished Space
- 27119
- Condo
- No
- Year Built
- 1980
- Renovated
- 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
Status Change Info
- Concessions
- No
- Estimated Selling Date
- 2021-07-16
- Under Contract Date
- 2021-01-13
- Sold Date
- 2021-07-16
- Sold Price/SqFt
- 77.44
- SP/AV
- 1.09
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
Special Listing Cond
- None
- Yes
More Information
Basement Description
- No Basement
- Yes
Parking Features
- Driveway
- Yes
- On Street
- Yes
- Open
- Yes
- Paved
- Yes
Foundation Details
- Slab
- Yes
Beach Description
- None
- Yes
Beach Ownership
- None
- Yes
Floors
- Carpet
- Yes
- Tile
- Yes
- Wood
- Yes
Walls
- Other - See Remarks
- Yes
Exterior Features
- Fluorescent Lights
- Yes
Roof Description
- Asphalt
- Yes
- Composition
- Yes
Siding Description
- Clapboard
- Yes
- Shingle
- Yes
Heating
- Other
- Yes
Cooling
- Central Air
- Yes
Fuel Type
- Natural Gas
- Yes
Water
- Public
- Yes
Hot Water
- Water Heater
- Yes
Hot Water Source
- Natural Gas
- Yes
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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