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
Title Reference - Page
No
Land Court Cert #
No

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

Remarks & Misc

Public Remarks
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.
Directions to Property
From Route 6 take exit 6 south onto Route 132 to Route 28 and the traffic circle take Route 28 west about 1/2 mile at Advance Auto Parts (Tennant) on the right.

Special Listing Cond

Standard
Yes

More Information

Location Description

North of Route 28
Yes

Basement Description

No Basement
Yes

Building/Business

Building Name
Doherty Buildings
Business Operating
Yes
Conforming Use
No

Present Use

Automotive
Yes
Manufacturing
Yes
Mixed
Yes
Warehouse
Yes

Parking Features

Off Street
Yes
On Street
Yes
Open
Yes
Parking Lot
Yes
Paved
Yes

Business Includes

None
Yes

Foundation Details

Concrete Perimeter
Yes

Beach Description

Other - See Remarks
Yes

Convenient To

Conservation Area
Yes
In Town Location
Yes
Major Highway
Yes
Shopping
Yes

Beach Ownership

None
Yes

Floors

Concrete
Yes

Walls

Concrete Block
Yes
Metal
Yes

Sewer

Other
Yes

Building Const

Concrete Block
Yes
Pour Concrete
Yes
Metal Fabric
Yes

Exterior Features

Curb Cuts
Yes
Fluorescent Lights
Yes
Mercury Lights
Yes
Out Storage
Yes
Rear Entrance
Yes
Shelving
Yes

Roof Description

Asphalt
Yes
Metal
Yes

Siding Description

Block
Yes

Heating

Forced Air
Yes
None
Yes

Fuel Type

Natural Gas
Yes

Water

Public
Yes

Hot Water

Other
Yes

Hot Water Source

Electric
Yes
Natural Gas
Yes
Other
Yes

Gas

At Street
Yes

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
IDX
Last Updated: September - 29 - 2024
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