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

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.

More Information MLS# 21400718

Contract Info

List Price/SqFt: 54.71 Status: Closed Original List Price: 4999000 Sold Price: $4,750,000 Current Price: $4,750,000 List Date: 2014-01-11

Legal and Taxes

Town: Barnstable Village: Hyannis Estimated Annual Taxes: 61790 Building Assessments: 2136000 Total Assessment: 5146400 Title Reference - Book: C99508 Title Reference - Page: 0 Land Court Cert #: 0 Underground Fuel Tank: Unknown Lead Base Paint: Unknown Mass Use Code: 325 - Retail Store Street #: 306 Street Name: Falmouth / Route 28 Street Suffix: Road County: Barnstable State: MA Zip Code: 02601 Tax ID: 293-038 Tax Year: 2014

General Property Info

Region: Mid-Cape Secondary Sub-Type: Warehouse Zoning: HB/B Other Sub-Type: Retail # of Buildings: 8 Stories: 1 # of Units: 8 Additional SqFt Source: Unit Plan Condo: No 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 Total Finished Space: 91368 Year Built: 1967

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.

Status Change Info

Concessions: No Date of Accepted Offer: 2014-08-28 Estimated Selling Date: 2015-02-27 Sold Price/SqFt: 51.99 SP/AV: 0.92 Under Contract Date: 2014-09-29 Sold Date: 2015-02-27 Sold Price: $4,750,000

Special Listing Cond

Standard: 1

Location Description

North of Route 28: 1

Basement Description

No Basement: 1

Building/Business

Building Name: Doherty Buildings Business Operating: Yes Conforming Use: No

Present Use

Automotive: 1 Manufacturing: 1 Mixed: 1 Warehouse: 1

Parking Features

Off Street: 1 On Street: 1 Open: 1 Parking Lot: 1 Paved: 1

Business Includes

None: 1

Foundation Details

Concrete Perimeter: 1

Beach Description

Other - See Remarks: 1

Convenient To

Conservation Area: 1 In Town Location: 1 Major Highway: 1 Shopping: 1

Beach Ownership

None: 1

Floors

Concrete: 1

Walls

Concrete Block: 1 Metal: 1

Sewer

Other: 1

Building Const

Concrete Block: 1 Pour Concrete: 1 Metal Fabric: 1

Exterior Features

Curb Cuts: 1 Fluorescent Lights: 1 Mercury Lights: 1 Out Storage: 1 Rear Entrance: 1 Shelving: 1

Roof Description

Asphalt: 1 Metal: 1

Siding Description

Block: 1

Heating

Forced Air: 1 None: 1

Fuel Type

Natural Gas: 1

Water

Public: 1

Hot Water

Other: 1

Hot Water Source

Electric: 1 Natural Gas: 1 Other: 1

Gas

At Street: 1

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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