481 Route 6, Truro, MA 02666 (MLS# 22304115)

481 Route 6, Truro, MA 02666

$2,200,000
Property Type: Commercial Square Footage: 6,426 Lot Size (sq. ft.): 179,903 Status: Closed
Current Price: $2,200,000 List Date: 10/10/2023 Last Modified: 9/29/2024

Overview

Description

landmark, high volume very profitable property located in the town of Truro on Cape Cod MA. Montano's is a well-established, profitable, year-round, full-service restaurant, lovingly maintained and operated by the same family for 35 years. Close proximity to the world renowned and extremely popular Provincetown has ensured a very robust year-round business for the past 35 Years. The restaurant with the capacity to seat 188 customers boasts two large dining rooms, outdoor seating opportunity, a bar with a full liquor license and very adequate parking available in the new parking lot. Other recent upgrades include a new roof, deck, septic system, tables, chairs, cutlery, and kitchen appliances. The property includes a 2-bedroom, 1,400 square foot residential unit usable for workforce housing or owners' quarters.

Listing Details MLS# 22304115

Contract Info

Original List Price
2395000
List Price/SqFt
372.7

Legal and Taxes

Street #
481
Street Name
Route 6
County
Barnstable
Town
Truro
Village
Truro
State
MA
Zip Code
02666
Tax ID
32-31-0
Estimated Annual Taxes
4792
Tax Year
2023
Building Assessments
383800
Other Assessments
9300
Total Assessment
769300
Title Reference - Book
31456
Title Reference - Page
69
Lead Base Paint
Unknown
Flood Ins Required
No
Mass Use Code
12 - Multiple Use Property
Nitrogen Sensitive Area
No

General Property Info

Region
Outer Cape
Sub-Area
South Truro
Primary Sub-Type
Restaurant
School District
Nauset
Zoning
RES
# of Buildings
Yes
Stories
2
Total Finished Space
6426
Field Card SqFt
6426
Condo
No
Year Built
1950
Renovated
Yes
Year Renovated
1994
Business w/Real Estate
Yes
Lot Size SqFt
179903
Lot Size Source
Field Card
Acres
4.13
Golf Course Front
No
Golf Course View
No
Waterfront
No
Waterview
No
Residential Units
Yes
Commercial Units
Yes
Industrial Units
No
Property Includes Recording Devices
No

Status Change Info

Concessions
No
Estimated Selling Date
2024-04-10
Under Contract Date
2023-10-27
Sold Date
2024-03-27
Sold Price/SqFt
342.36
SP/AV
2.86

Business Includes

Business Includes Comments
Inventory not included

Convenient To

Convenient to Water Body 2
National Seashore

More Information

Property Features

Special Listing Cond: Broker-Agent/Owner; Real Estate Owned Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System Location Description: East of Route 6 Present Use: Restaurant Business Includes: Business Name; DBA - Sole Proprietor; Equip Inventory Avl; Equipment; Goodwill; Owner Training Lot Features: Gentle Sloping Parking Features: Parking Lot; Paved Waterview Direction: East Convenient To: Bike Path; Cape Cod Rail Trail; Conservation Area; Golf Course; Horse Trail; House of Worship; Major Highway; Marina; Medical Facility; School; Shopping Floors: Laminate Walls: Paneled; Wood Foundation Details: Concrete Perimeter Basement Description: Full Building Features: Handicap Access Roof Description: Asphalt; Flat Siding Description: Vertical Siding Heating: Electric; Forced Air Cooling: Central Air Fuel Type: Electric; Oil; Propane Water: Public Hot Water: Water Heater Hot Water Source: Natural Gas Sewer: Innovative Alternative; Private Sewer
IDX
Listing Office: The Realty Advisory Inc.
Listing Agent: Richard Catania
Source MLS Verified
Last Updated: September - 29 - 2024
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