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

Overview

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.

Listing Details MLS# 21206226

Contract Info

Original List Price: 3695000
List Price/SqFt: 373.38

Legal and Taxes

Street #: 359
Street Name: Main
Street Suffix: Street
County: Barnstable
Town: Chatham
Village: Chatham
State: MA
Zip Code: 02633
Tax ID: 16C-83-67
Estimated Annual Taxes: 11374
Tax Year: 2012
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

General Property Info

Region: Lower Cape
Primary Sub-Type: Hotel/Motel
Zoning: Commercial
# of Buildings: Yes
# of Units: 18
Total Finished Space: 9173
Year Built: 1830
Lot Size SqFt: 41817
Lot Size Source: Field Card
Acres: 0.96
# of Parking Spaces: 25
Waterfront: No
Waterview: No

Status Change Info

Concessions: No
Date of Accepted Offer: 2013-04-27
Estimated Selling Date: 2013-12-03
Under Contract Date: 2013-11-21
Sold Date: 2013-12-03
Sold Price/SqFt: 332.5
SP/AV: 1.19

More Information

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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