2079 Main Street, Chatham, MA 02633 (MLS# 21310385)

2079 Main Street, Chatham, MA 02633

$1,850,000
Property Type: Commercial Square Footage: 8,744 Lot Size (sq. ft.): 61,855 Status: Closed
Current Price: $1,850,000 List Date: 11/17/2013 Last Modified: 9/29/2024

Description

The Chatham Seafarer is a lovely 20 unit motel with great income, loyal international and local clientele and more room for growth. The motel is less than a mile from Ridgevale Beach. There are seven newly renovated efficiency units with kitchenettes and 13 single rooms, all with new floors. Most bathrooms have been upgraded and many other improvements have been completed. New heated pool with decorative iron fence has been recently added. Owner's quarters have a living room with fireplace, country kitchen with dining area, and 2-3 bedrooms. A sunny office welcomes guests. An additional room with private bath houses an employee. Sellers are open to creative financing including a lease/purchase option for a qualified buyer. Call for details.

More Information MLS# 21310385

Contract Info

List Price/SqFt: 262.47 Status: Closed Original List Price: 2295000 Sold Price: $1,850,000 Current Price: $1,850,000 List Date: 2013-11-14

Legal and Taxes

Town: Chatham Village: Chatham Estimated Annual Taxes: 4858 Building Assessments: 440200 Other Assessments: 31000 Total Assessment: 966000 Title Reference - Book: 13810 Title Reference - Page: 333 Land Court Cert #: Na Lead Base Paint: Unknown Mass Use Code: 301 - Motel Street #: 2079 Street Name: Main Street Suffix: Street County: Barnstable State: MA Zip Code: 02633 Tax ID: 6E-40-K1 Tax Year: 2013

General Property Info

Region: Lower Cape Primary Sub-Type: Hotel/Motel School District: Monomoy Zoning: Sb # of Buildings: 3 # of Units: 20 Lot Size SqFt: 61855 Lot Size Source: Field Card Acres: 1.42 # of Parking Spaces: 25 Waterfront: No Waterview: No Total Finished Space: 8744 Year Built: 1958

Remarks & Misc

Public Remarks: The Chatham Seafarer is a lovely 20 unit motel with great income, loyal international and local clientele and more room for growth. The motel is less than a mile from Ridgevale Beach. There are seven newly renovated efficiency units with kitchenettes and 13 single rooms, all with new floors. Most bathrooms have been upgraded and many other improvements have been completed. New heated pool with decorative iron fence has been recently added. Owner's quarters have a living room with fireplace, country kitchen with dining area, and 2-3 bedrooms. A sunny office welcomes guests. An additional room with private bath houses an employee. Sellers are open to creative financing including a lease/purchase option for a qualified buyer. Call for details. Directions to Property: Route 28, Main Street, west to Seafarer on left at Ridgevale Road

Status Change Info

Concessions: No Date of Accepted Offer: 2014-03-25 Sold Price/SqFt: 211.57 SP/AV: 1.92 Under Contract Date: 2014-04-11 Sold Date: 2014-04-11 Sold Price: $1,850,000

Special Listing Cond

Other - See Remarks: 1

Location Description

South of Route 28: 1

Lot Features

Corner Lot: 1 Level: 1

Building/Business

Business Name: Chatham Seafarer Motel Business Operating: Yes Conforming Use: Yes

Parking Features

Driveway: 1 Paved: 1

Beach Description

Bay: 1

Convenient To

Conservation Area: 1 Major Highway: 1 Marina: 1 Shopping: 1

Beach Ownership

Public: 1

Beach/Lake/Pond

Ridgevale: 1

Building Const

Wood Frame: 1

Roof Description

Asphalt: 1 Pitched: 1

Siding Description

Brick: 1 Clapboard: 1 Shingle: 1

Fuel Type

Electric: 1

Seasonal

Fall: 1 Summer: 1

Owner Living Qtrs

1 Bath: 1 2 Bedrooms +: 1 Year Round: 1

Kitchen

Eat-in Kitchen: 1 Kitchen Sink: 1 Refrigerator: 1 Stove Hood: 1

Miscellaneous

CATV - All: 1 TV - All: 1

Laundry

Dryer - Electric: 1 Utility Room: 1 Washer: 1

Furnished Common Fts

Common Area: 1 Outside Storage: 1 Pool: 1

Baths

Full - All: 1

Property Features

Special Listing Cond: Other - See Remarks Location Description: South of Route 28 Lot Features: Corner Lot; Level Parking Features: Driveway; Paved Beach Description: Bay Beach Ownership: Public Convenient To: Conservation Area; Major Highway; Marina; Shopping Building Const: Wood Frame Roof Description: Asphalt; Pitched Siding Description: Brick; Clapboard; Shingle Fuel Type: Electric Seasonal: Fall; Summer Owner Living Qtrs: 1 Bath; 2 Bedrooms +; Year Round Miscellaneous: CATV - All; TV - All Laundry: Dryer - Electric; Utility Room; Washer Kitchen: Eat-in Kitchen; Kitchen Sink; Refrigerator; Stove Hood Furnished Common Fts: Common Area; Outside Storage; Pool Baths: Full - All
Listing Office: Kinlin Grover Commercial
Listing Agent: Nat S Santoro
IDX
Last Updated: September - 29 - 2024
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