306 Falmouth / Route 28 Road, Hyannis, MA 02601 (MLS# 21400718)

306 Falmouth / Route 28 Road, Hyannis, MA 02601

$4,750,000

Property Type: Commercial Square Footage: 91,368 Lot Size (sq. ft.): 340,639 Status: Closed

Current Price: $4,750,000 List Date: 6/19/2014 Last Modified: 9/29/2024

Overview

Description

A rare investment or redevelopment opportunity. Centrally located between Route 28 and the Cape Cod Mall with frontage on Route 28, Warehouse Rd. and Corporation St. The property is made up of 9 parcels. Totaling 5.09 acres (7.82 including the small pond) The buildings total 91,368 sq. ft. The asking price is below 2014 T.O.B. assessment. This information is not guaranteed and should be independently verified if any person intends to engage in a transaction upon it.

Listing Details MLS# 21400718

Contract Info

Original List Price: 4999000
List Price/SqFt: 54.71

Legal and Taxes

Street #: 306
Street Name: Falmouth / Route 28
Street Suffix: Road
County: Barnstable
Town: Barnstable
Village: Hyannis
State: MA
Zip Code: 02601
Tax ID: 293-038
Estimated Annual Taxes: 61790
Tax Year: 2014
Building Assessments: 2136000
Total Assessment: 5146400
Title Reference - Book: C99508
Underground Fuel Tank: Unknown
Lead Base Paint: Unknown
Mass Use Code: 325 - Retail Store

General Property Info

Region: Mid-Cape
Secondary Sub-Type: Warehouse
Other Sub-Type: Retail
Zoning: HB/B
# of Buildings: 8
Stories: Yes
# of Units: 8
Total Finished Space: 91368
Additional SqFt Source: Unit Plan
Condo: No
Year Built: 1967
Business w/Real Estate: No
Lot Size SqFt: 340639
Lot Size Source: Tax Bill
Acres: 7.82
# of Parking Spaces: 100
Waterfront: No
Waterview: No
Residential Units: No
Commercial Units: Yes
Total # Comm Units: 19
Industrial Units: No

Status Change Info

Concessions: No
Date of Accepted Offer: 2014-08-28
Estimated Selling Date: 2015-02-27
Under Contract Date: 2014-09-29
Sold Date: 2015-02-27
Sold Price/SqFt: 51.99
SP/AV: 0.92

More Information

Property Features

Special Listing Cond: Standard Location Description: North of Route 28 Present Use: Automotive; Manufacturing; Mixed; Warehouse Business Includes: None Parking Features: Off Street; On Street; Open; Parking Lot; Paved Beach Description: Other - See Remarks Beach Ownership: None Convenient To: Conservation Area; In Town Location; Major Highway; Shopping Floors: Concrete Walls: Concrete Block; Metal Foundation Details: Concrete Perimeter Basement Description: No Basement Building Const: Concrete Block; Pour Concrete; Metal Fabric Roof Description: Asphalt; Metal Siding Description: Block Heating: Forced Air; None Fuel Type: Natural Gas Water: Public Hot Water: Other Hot Water Source: Electric; Natural Gas; Other Sewer: Other Gas: At Street

Listing Office: Davenport Realty Trust

Listing Agent: Russell W Nesbit

Last Updated: September - 29 - 2024

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