359 Main Street, Chatham, MA 02633 (MLS# 21206226)
359 Main Street, Chatham, MA 02633
$3,050,000
Property Type:
Commercial
Square Footage:
9,173
Lot Size (sq. ft.):
41,817
Status:
Closed
Current Price:
$3,050,000
List Date:
7/06/2012
Last Modified:
9/29/2024
Description
Own this world class Cape Cod Inn on the desirable Chatham Main Street. A rare opportunity in this location on the quiet end of Main, near the beach. The Inn has beautiful spacious guest common areas: inviting, expansive, shaded front porch, large guest sitting room w/fpl, large dining room/meeting/event space w/fpl and intimate tavern w/ fpl. Seating for 60. Full liquor license, large commercial kitchen, 18 lovely guest rooms, 8 w/fpls. Ample parking, owners/managers quarters. Strong financials. Cash flows and has room to grow revenue in this perfect village location surrounded by shops and galleries for browsing. Stroll to beaches, theatre, restaurants. Near golf, kayaking, whale watching, island ferries and so much more. Family owned and operated for over a decade. Licensed,
Supplements: inspected, financials available to qualified buyers.
More Information MLS# 21206226
Contract Info
List Price/SqFt: 373.38
Status: Closed
Original List Price: 3695000
Sold Price: $3,050,000
Current Price: $3,050,000
List Date: 2012-07-03
Legal and Taxes
Town: Chatham
Village: Chatham
Estimated Annual Taxes: 11374
Building Assessments: 1576700
Total Assessment: 2556100
Title Reference - Book: 11972
Title Reference - Page: 228
Land Court Cert #: N/A
Underground Fuel Tank: Unknown
Lead Base Paint: Unknown
Mass Use Code: 302 - Inn/Resort/Tourist Homes
Street #: 359
Street Name: Main
Street Suffix: Street
County: Barnstable
State: MA
Zip Code: 02633
Tax ID: 16C-83-67
Tax Year: 2012
General Property Info
Region: Lower Cape
Primary Sub-Type: Hotel/Motel
Zoning: Commercial
# of Buildings: 1
# of Units: 18
Lot Size SqFt: 41817
Lot Size Source: Field Card
Acres: 0.96
# of Parking Spaces: 25
Waterfront: No
Waterview: No
Total Finished Space: 9173
Year Built: 1830
Remarks & Misc
Public Remarks: Own this world class Cape Cod Inn on the desirable Chatham Main Street. A rare opportunity in this location on the quiet end of Main, near the beach. The Inn has beautiful spacious guest common areas: inviting, expansive, shaded front porch, large guest sitting room w/fpl, large dining room/meeting/event space w/fpl and intimate tavern w/ fpl. Seating for 60. Full liquor license, large commercial kitchen, 18 lovely guest rooms, 8 w/fpls. Ample parking, owners/managers quarters. Strong financials. Cash flows and has room to grow revenue in this perfect village location surrounded by shops and galleries for browsing. Stroll to beaches, theatre, restaurants. Near golf, kayaking, whale watching, island ferries and so much more. Family owned and operated for over a decade. Licensed,
Directions to Property: Rte. 137 south to rte. 28. Around the traffic circle on to Main Street. Inn is on the right. Parking is in the rear.
Status Change Info
Concessions: No
Date of Accepted Offer: 2013-04-27
Estimated Selling Date: 2013-12-03
Sold Price/SqFt: 332.5
SP/AV: 1.19
Under Contract Date: 2013-11-21
Sold Date: 2013-12-03
Sold Price: $3,050,000
Special Listing Cond
Standard: 1
Lot Features
Cleared: 1
Gentle Sloping: 1
Building/Business
Business Name: Cranberry Inn
Business Operating: Yes
Conforming Use: Yes
Parking Features
Driveway: 1
Guest: 1
Off Street: 1
Beach Description
Bay: 1
Ocean: 1
Convenient To
Conservation Area: 1
Golf Course: 1
House of Worship: 1
In Town Location: 1
Medical Facility: 1
School: 1
Shopping: 1
Beach Ownership
Public: 1
Building Const
Wood Frame: 1
Roof Description
Asphalt: 1
Pitched: 1
Siding Description
Clapboard: 1
Shingle: 1
Heating
Forced Air: 1
Hot Water: 1
Other: 1
Cooling
Central Air: 1
Other: 1
Fuel Type
Natural Gas: 1
Seasonal
Year Round: 1
Owner Living Qtrs
1 Bath: 1
1 Bedroom: 1
2 Bedrooms: 1
Attached: 1
Year Round: 1
Kitchen
Counter(s): 1
Dishwasher: 1
Gas Stove: 1
Islands: 1
Kitchen Sink: 1
Microwave: 1
Refrigerator: 1
Stove Hood: 1
Miscellaneous
CATV - All: 1
Deck - Some: 1
Screens - All: 1
Storm Windows - All: 1
TV - All: 1
Laundry
Dryer - Gas: 1
Storage Area: 1
Utility Room: 1
Washer: 1
Furnished Common Fts
Common Area: 1
Lounge: 1
Meeting Room: 1
Outside Storage: 1
Rec Area: 1
Baths
Full - All: 1
Property Features
Special Listing Cond: Standard
Lot Features: Cleared; Gentle Sloping
Parking Features: Driveway; Guest; Off Street
Beach Description: Bay; Ocean
Beach Ownership: Public
Convenient To: Conservation Area; Golf Course; House of Worship; In Town Location; Medical Facility; School; Shopping
Building Const: Wood Frame
Roof Description: Asphalt; Pitched
Siding Description: Clapboard; Shingle
Heating: Forced Air; Hot Water; Other
Cooling: Central Air; Other
Fuel Type: Natural Gas
Seasonal: Year Round
Owner Living Qtrs: 1 Bath; 1 Bedroom; 2 Bedrooms; Attached; Year Round
Miscellaneous: CATV - All; Deck - Some; Screens - All; Storm Windows - All; TV - All
Laundry: Dryer - Gas; Storage Area; Utility Room; Washer
Kitchen: Counter(s); Dishwasher; Gas Stove; Islands; Kitchen Sink; Microwave; Refrigerator; Stove Hood
Furnished Common Fts: Common Area; Lounge; Meeting Room; Outside Storage; Rec Area
Baths: Full - All
Listing Office:
Inn Advisors
Listing Agent:
Carol M Edmondson
Last Updated: September - 29 - 2024
Broker Attribution:
508-237-1617
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