400 Main Street, Chatham, MA 02633 (MLS# 21006078)

400 Main Street, Chatham, MA 02633

$1,825,000

Property Type: Commercial Square Footage: 5,734 Lot Size (sq. ft.): 42,197 Status: Closed

Current Price: $1,825,000 List Date: 11/11/2011 Last Modified: 9/29/2024

Overview

Description

This property incldues 392, 400 and 402 Main Street. Remarkable property located on Main Street in Chatham's desirable village. It consists of a large mixed-use building housing six commercial tenants and also features three apartments. The property offers a significant amount of off-street parking, a rarity in downtown Chatham. The three apartments include a beautifully finished two bedroom, one bath second floor apartment overlooking Main Street, a first floor studio with loft area and a second floor one bedroom apartment. Also located on the site is a standalone 480 square foot commercial buidling. Set far back from the road you will find a lovely free standing 2,300 square foot 3 bedroom home. Financials and permitting information available to qualified buyers upon execution

Supplements: of confidentiality agreement.

Listing Details MLS# 21006078

Contract Info

Original List Price: 3400000
List Price/SqFt: 401.12

Legal and Taxes

Street #: 400
Street Name: Main
Street Suffix: Street
County: Barnstable
Town: Chatham
Village: Chatham
State: MA
Zip Code: 02633
Tax ID: 16D-40-9
Estimated Annual Taxes: 8075
Tax Year: 2011
Building Assessments: 863900
Other Assessments: 36900
Total Assessment: 1886700
Land Court Cert #: C187055
Underground Fuel Tank: Unknown
Lead Base Paint: Unknown
Asbestos: Unknown
Flood Ins Required: Not Verified
Mass Use Code: 31 - Multiuse, predominantly farming

General Property Info

Region: Lower Cape
Primary Sub-Type: Mixed Use
School District: Monomoy
Zoning: GB2
# of Buildings: 4
Stories: 2
# of Units: 14
Total Finished Space: 5734
Condo: No
Year Built: 1870
Renovated: Yes
Business w/Real Estate: No
Lot Size SqFt: 42197
Lot Size Source: Site Plan
Acres: 0.97
# of Parking Spaces: 30
Waterfront: No
Waterview: No
Residential Units: Yes
Total # Res Units: 4
Commercial Units: Yes
Total # Comm Units: 8
Industrial Units: No

Status Change Info

Concessions: No
Date of Accepted Offer: 2012-01-31
Estimated Selling Date: 2012-04-17
Under Contract Date: 2012-04-05
Sold Date: 2012-04-17
Sold Price/SqFt: 318.28
SP/AV: 0.97

Residential Unit 1

Occupancy: Occupied
Type: House
Rent: 2500
Lease Expires Comments: At Will
Approx SqFt: 2388

Residential Unit 2

Occupancy: Occupied
Type: Apartment
Rent: 1200
Lease Expires Comments: Rent is weekly summer rent
Approx SqFt: 1038

More Information

Residential Unit 3

Occupancy: Occupied
Type: Apartment
Rent: 1600
Lease Expires Comments: Rented for summer @$1600/month
Approx SqFt: 643

Residential Unit 4

Occupancy: Occupied
Type: Apartment
Rent: 1300
Lease Expires Comments: Rented for summer @ $1300/month
Approx SqFt: 383

Commercial Unit 1

Occupancy: Occupied
Type: Retail

Commercial Unit 2

Occupancy: Occupied
Type: Retail

Commercial Unit 3

Occupancy: Occupied
Type: Retail

Commercial Unit 4

Occupancy: Occupied
Type: Professional

Property Features

Special Listing Cond: Standard Present Use: Combination; Gift Shop; Restaurant; Retail Business Includes: None Parking Features: Gravel; Off Street; Parking Lot; Paved Beach Description: Ocean Beach Ownership: Public Convenient To: In Town Location; Shopping Floors: Concrete; Laminate; Wood Walls: Sheet Rock Foundation Details: Block; Concrete Perimeter Basement Description: Interior Access; Partial Building Const: Wood Frame Roof Description: Asphalt; Flat; Pitched Siding Description: Clapboard; Shingle Heating: Other Fuel Type: Electric; Natural Gas Water: Public Hot Water Source: Electric; Natural Gas Gas: On Site Residential Unit 1: 2 + Baths; 2 + Bedrooms; Separate Utilities; Year Round Residential Unit 2: 1 Bath; 2 Bedrooms; Separate Utilities; Year Round Residential Unit 3: 1 Bath; 1 Bedroom; Separate Utilities; Year Round Residential Unit 4: 1 Bath; Studio

Listing Office: William Raveis Real Estate & Home Services

Listing Agent: Randall D Van Sickle

Last Updated: September - 29 - 2024

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