25 Seaview Road, Eastham, MA 02642 (MLS# 22400138)

25 Seaview Road, Eastham, MA 02642

$1,945,000

Property Type: Commercial Square Footage: 3,921 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,945,000 List Date: 1/15/2024 Last Modified: 9/29/2024

Overview

Description

Great seasonal income opportunity: 12 unit inn/short term rentals in Eastham, close to National Seashore Visitor Center and beaches. Updated two-story building. 8 units are efficiency suites with full kitchens and baths, 4 units are guest rooms with baths. One suite could be used as owner/manager living quarters. Sunny, heated in-ground pool, and terrific summer cottage-like spaces, ideal for weekly rentals as well as other short-term rental options. Conveniently located to ocean and bay beaches, hiking, biking, paddle boarding, golf, shopping, fun and fine dining options. Deeded water access 100 yards down the hill to Town Cove for launching kayak or canoe. New shed with office, laundry, and storage. Large basement for additional storage. Ample guest parking. Strong financials, currently operates as a seasonal business with opportunity for growth and longer shoulder seasons. Financials available to qualified buyers with NDA.

Listing Details MLS# 22400138

Contract Info

Original List Price: 2150000
List Price/SqFt: 548.33

Legal and Taxes

Street #: 25
Street Name: Seaview
Street Suffix: Road
County: Barnstable
Town: Eastham
Village: Eastham
State: MA
Zip Code: 02642
Tax ID: 18-33-0
Estimated Annual Taxes: 4036
Tax Year: 2024
Building Assessments: 273400
Other Assessments: 29200
Total Assessment: 575800
Title Reference - Book: 31957
Title Reference - Page: 311
Lead Base Paint: Unknown
Flood Ins Required: No
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: No

General Property Info

Region: Outer Cape
Primary Sub-Type: Hotel/Motel
School District: Nauset
Zoning: A
# of Buildings: Yes
Stories: 2
# of Units: 12
Total Finished Space: 3921
Field Card SqFt: 1900
Additional Finished Space: 2021
Additional SqFt Source: Public Records
Condo: No
Year Built: 1960
Renovated: Yes
Year Renovated: 2020
Business w/Real Estate: Yes
Lot Size SqFt: 43560
Lot Size Source: Field Card
Acres: Yes
Golf Course Front: No
Golf Course View: No
Waterfront: No
Waterview: No
Residential Units: No
Commercial Units: No
Industrial Units: No
Total # Industrial Units: 7
Property Includes Recording Devices: No

Status Change Info

Concessions: No
Estimated Selling Date: 2024-05-22
Under Contract Date: 2024-03-31
Sold Date: 2024-05-23
Sold Price/SqFt: 496.05
SP/AV: 3.38

Business Includes

Business Includes Comments: Room contents; business name, website, guest info, email & social media accounts
Business Name: Yes
Equipment: Yes
Owner Training: Yes

Convenient To

Convenient to Water Body 1: Coast Guard Beach
Convenient to Water Body 2: Nauset Light Beach
Convenient to Water Body 3: First Encounter Bch
Bike Path: Yes
Conservation Area: Yes
Golf Course: Yes
Major Highway: Yes
School: Yes

More Information

Sewer

Septic Tank: Title V Grade Level

Remarks & Misc

Public Remarks: Great seasonal income opportunity: 12 unit inn/short term rentals in Eastham, close to National Seashore Visitor Center and beaches. Updated two-story building. 8 units are efficiency suites with full kitchens and baths, 4 units are guest rooms with baths. One suite could be used as owner/manager living quarters. Sunny, heated in-ground pool, and terrific summer cottage-like spaces, ideal for weekly rentals as well as other short-term rental options. Conveniently located to ocean and bay beaches, hiking, biking, paddle boarding, golf, shopping, fun and fine dining options. Deeded water access 100 yards down the hill to Town Cove for launching kayak or canoe. New shed with office, laundry, and storage. Large basement for additional storage. Ample guest parking. Strong financials, currently operates as a seasonal business with opportunity for growth and longer shoulder seasons. Financials available to qualified buyers with NDA.
Directions to Property: Route 6 East, right onto Shore Road, left onto Seaview Road. Follow signs for ''The Seagrove''

Special Listing Cond

None: Yes

Security Features

Fire Alarm: Yes
Prewired: Yes
Security System: Yes

Location Description

East of Route 6: Yes

Lot Features

Cleared: Yes
Easements: Yes
Level: Yes
Private: Yes

Basement Description

Bulkhead Access: Yes
Finished: Yes
Locked Storage: Yes
Partial: Yes

Building/Business

Business Name: The Seagrove
Business Operating: Yes

Present Use

Hotel/Motel: Yes

Parking Features

Driveway: Yes
Guest: Yes
Off Street: Yes

Foundation Details

Concrete Perimeter: Yes

Floors

Laminate: Yes
Tile: Yes

Walls

Paneled: Yes
Sheet Rock: Yes
Wood: Yes

Utilities

Cable: Yes
Electricity: Yes
High Speed Internet: Yes

Building Const

Wood Frame: Yes

Exterior Features

Sign: Yes

Building Features

Outdoor Shower: Yes
Private Yard: Yes

Roof Description

Asphalt: Yes
Pitched: Yes

Siding Description

Clapboard: Yes
Shingle: Yes

Heating

Electric: Yes

Cooling

Other: Yes

Fuel Type

Oil: Yes
Propane: Yes

Water

Well: Yes

Hot Water

Water Heater: Yes

Hot Water Source

Electric: Yes
Oil: Yes
Propane Gas: Yes

Seasonal

Fall: Yes
Spring: Yes
Summer: Yes

Gas

No Gas: Yes

Miscellaneous

CATV - All: Yes
Dining Area - Some: Yes
Insulated Doors - All: Yes
Screens - All: Yes
Storm Doors - All: Yes
Storm Windows - All: Yes
TV - All: Yes

Laundry

Dryer - Gas: Yes
Utility Room: Yes
Washer: Yes

Furnished Common Fts

Outside Storage: Yes
Pool: Yes
Rec Area: Yes

Baths

Full - All: Yes

Property Features

Special Listing Cond: None Security Features: Fire Alarm; Prewired; Security System Location Description: East of Route 6 Present Use: Hotel/Motel Business Includes: Business Name; Equipment; Owner Training Lot Features: Cleared; Easements; Level; Private Parking Features: Driveway; Guest; Off Street Convenient To: Bike Path; Conservation Area; Golf Course; Major Highway; School Floors: Laminate; Tile Walls: Paneled; Sheet Rock; Wood Foundation Details: Concrete Perimeter Basement Description: Bulkhead Access; Finished; Locked Storage; Partial Building Const: Wood Frame Building Features: Outdoor Shower; Private Yard Roof Description: Asphalt; Pitched Siding Description: Clapboard; Shingle Heating: Electric Cooling: Other Fuel Type: Oil; Propane Water: Well Hot Water: Water Heater Hot Water Source: Electric; Oil; Propane Gas Seasonal: Fall; Spring; Summer Utilities: Cable; Electricity; High Speed Internet Gas: No Gas Miscellaneous: CATV - All; Dining Area - Some; Insulated Doors - All; Screens - All; Storm Doors - All; Storm Windows - All; TV - All Laundry: Dryer - Gas; Utility Room; Washer Furnished Common Fts: Outside Storage; Pool; Rec Area Baths: Full - All

Listing Office: Inn Advisors

Listing Agent: Marco DiDomizio

Last Updated: September - 29 - 2024

Broker Attribution: 508-237-1617

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc include the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 02/14/2017. All properties are subject to prior sale, changes, or withdrawal. Copyright 2020© Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved

25 Seaview Road, Eastham, MA 02642 (MLS# 22400138)