369 Old Harbor Road, Chatham, MA 02633 (MLS# 21900992)

369 Old Harbor Road, Chatham, MA 02633

$2,600,000
Property Type: Commercial Square Footage: 6,507 Lot Size (sq. ft.): 62,291 Status: Closed
Current Price: $2,600,000 List Date: 2/20/2019 Last Modified: 9/29/2024

Overview

Description

The ultimate Chatham, Cape Cod experience awaits at this 3-diamond, 16 guest room historic Inn with manicured grounds and gardens. Just a short stroll to Chatham's iconic Main St, famous for shops, galleries and award winning dining. The perfect home base for guests to enjoy Cape Cod's beaches, golf, theater, island ferries, whale watching, biking and walking trails and more. All 16 luxurious guest rooms and suites offer fireplaces and ensuite baths, some with spa tubs. The Inn's sunlit dining room is perfect for breakfast served from the full commercial kitchen. The guest experience here is all about this amazing location and all that Cape Cod offers. Ample guest parking, well trained staff. Licensed as a B&B. Offered turn key. Strong proven revenue stream, financials available.

Listing Details MLS# 21900992

Contract Info

Original List Price
3795000
List Price/SqFt
460.89

Legal and Taxes

Street #
369
Street Name
Old Harbor
Street Suffix
Road
County
Barnstable
Town
Chatham
Village
Chatham
State
MA
Zip Code
02633
Tax ID
15G-58-P25C
Estimated Annual Taxes
12274
Tax Year
2019
Building Assessments
1584600
Other Assessments
946200
Total Assessment
3472900
Title Reference - Book
21103
Title Reference - Page
251
Underground Fuel Tank
No
Lead Base Paint
Unknown
Flood Ins Required
Not Verified
Mass Use Code
302 - Inn/Resort/Tourist Homes

General Property Info

Region
Lower Cape
Primary Sub-Type
Bed & Breakfast
Secondary Sub-Type
Hotel/Motel
Other Sub-Type
Business w/Real Est
School District
Monomoy
Zoning
R40
# of Buildings
3
Stories
Yes
Total Finished Space
6507
Condo
No
Year Built
1839
Renovated
Yes
Year Renovated
2016
Business w/Real Estate
Yes
Lot Size SqFt
62291
Lot Size Source
Field Card
Acres
1.43
Waterfront
No
Waterview
No
Residential Units
No
Commercial Units
No
Industrial Units
No
Total # Industrial Units
100

Status Change Info

Concessions
No
Date of Accepted Offer
2019-09-18
Estimated Selling Date
2019-12-13
Under Contract Date
2019-12-02
Sold Date
2019-12-18
Sold Price/SqFt
399.57
SP/AV
0.75

Present Use

Present Use Comments
Established B&B Inn
Hotel/Motel
Yes

Business Includes

Business Includes Comments
turnkey operation with advanced reservations
Business Name
Yes
Equipment
Yes
Goodwill
Yes
Owner Training
Yes

More Information

Sewer

Septic Tank
Title V Grade Level

Remarks & Misc

Public Remarks
The ultimate Chatham, Cape Cod experience awaits at this 3-diamond, 16 guest room historic Inn with manicured grounds and gardens. Just a short stroll to Chatham's iconic Main St, famous for shops, galleries and award winning dining. The perfect home base for guests to enjoy Cape Cod's beaches, golf, theater, island ferries, whale watching, biking and walking trails and more. All 16 luxurious guest rooms and suites offer fireplaces and ensuite baths, some with spa tubs. The Inn's sunlit dining room is perfect for breakfast served from the full commercial kitchen. The guest experience here is all about this amazing location and all that Cape Cod offers. Ample guest parking, well trained staff. Licensed as a B&B. Offered turn key. Strong proven revenue stream, financials available.
Directions to Property
rte 28 to Shore Road. Right at the light on to Old Harbor. Inn is on the right. Sign says ''Captains House Inn''.

Special Listing Cond

None
Yes

Lot Features

Cleared
Yes
Level
Yes

Basement Description

Bulkhead Access
Yes
Cape Cod
Yes
Full
Yes
Partial
Yes

Building/Business

Business Name
Captain's House Inn
Business Operating
Yes

Parking Features

Driveway
Yes
Guest
Yes
Off Street
Yes

Foundation Details

Block
Yes
Concrete Perimeter
Yes
Poured
Yes

Beach Description

Ocean
Yes

Convenient To

Conservation Area
Yes
Golf Course
Yes
House of Worship
Yes
In Town Location
Yes
Marina
Yes
Medical Facility
Yes
School
Yes
Shopping
Yes

Beach Ownership

Public
Yes

Beach/Lake/Pond

Hardings Beach
Yes

Floors

Carpet
Yes
Hardwood
Yes
Tile
Yes

Walls

Plaster
Yes
Sheet Rock
Yes

Utilities

Cable
Yes
Electricity
Yes
Gas
Yes
High Speed Internet
Yes
Telephone
Yes

Building Const

Wood Frame
Yes

Exterior Features

Curb Cuts
Yes
Out Storage
Yes
Sign
Yes

Building Features

Private Yard
Yes

Fencing

Fenced
Yes

Roof Description

Asphalt
Yes
Pitched
Yes
Shingle
Yes
Wood
Yes

Siding Description

Clapboard
Yes
Shingle
Yes

Heating

Hot Water
Yes

Cooling

Central Air
Yes
Wall Unit(s)
Yes

Fuel Type

Natural Gas
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Natural Gas
Yes

Seasonal

Year Round
Yes

Gas

On Site
Yes

Kitchen

Counter(s)
Yes
Gas Stove
Yes
Kitchen Sink
Yes
Microwave
Yes
Pantry
Yes
Refrigerator
Yes
Stove Hood
Yes

Miscellaneous

CATV - All
Yes
Deck - Some
Yes
Insulated Windows - All
Yes
Screens - All
Yes
Storm Doors - All
Yes
Storm Windows - All
Yes
TV - All
Yes

Laundry

Dryer - Gas
Yes
Washer
Yes

Furnished Common Fts

Lounge
Yes
Rec Area
Yes

Baths

Full - All
Yes

Property Features

Special Listing Cond: None Present Use: Hotel/Motel Business Includes: Business Name; Equipment; Goodwill; Owner Training Lot Features: Cleared; Level Parking Features: Driveway; Guest; Off Street Beach Description: Ocean Beach Ownership: Public Convenient To: Conservation Area; Golf Course; House of Worship; In Town Location; Marina; Medical Facility; School; Shopping Floors: Carpet; Hardwood; Tile Walls: Plaster; Sheet Rock Foundation Details: Block; Concrete Perimeter; Poured Basement Description: Bulkhead Access; Cape Cod; Full; Partial Building Const: Wood Frame Building Features: Private Yard Fencing: Fenced Roof Description: Asphalt; Pitched; Shingle; Wood Siding Description: Clapboard; Shingle Heating: Hot Water Cooling: Central Air; Wall Unit(s) Fuel Type: Natural Gas Water: Public Hot Water: Water Heater Hot Water Source: Natural Gas Seasonal: Year Round Utilities: Cable; Electricity; Gas; High Speed Internet; Telephone Gas: On Site Miscellaneous: CATV - All; Deck - Some; Insulated Windows - All; Screens - All; Storm Doors - All; Storm Windows - All; TV - All Laundry: Dryer - Gas; Washer Kitchen: Counter(s); Gas Stove; Kitchen Sink; Microwave; Pantry; Refrigerator; Stove Hood Furnished Common Fts: Lounge; Rec Area Baths: Full - All
IDX
Listing Office: Inn Advisors
Listing Agent: Carol M Edmondson
Last Updated: September - 29 - 2024
Broker Attribution: 508-237-1617

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