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
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.
More Information MLS# 22304115
Contract Info
List Price/SqFt: 372.7
Status: Closed
Original List Price: 2395000
Sold Price: $2,200,000
Current Price: $2,200,000
List Date: 2023-09-23
Legal and Taxes
Town: Truro
Village: Truro
Estimated Annual Taxes: 4792
Building Assessments: 383800
Other Assessments: 9300
Total Assessment: 769300
Title Reference - Book: 31456
Title Reference - Page: 69
Flood Ins Required: No
Lead Base Paint: Unknown
Mass Use Code: 12 - Multiple Use Property
Nitrogen Sensitive Area: No
Street #: 481
Street Name: Route 6
County: Barnstable
State: MA
Zip Code: 02666
Tax ID: 32-31-0
Tax Year: 2023
General Property Info
Region: Outer Cape
Sub-Area: South Truro
Primary Sub-Type: Restaurant
School District: Nauset
Zoning: RES
Renovated: Yes
# of Buildings: 1
Year Renovated: 1994
Stories: 2
Field Card SqFt: 6426
Condo: No
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
Total Finished Space: 6426
Year Built: 1950
Remarks & Misc
Public Remarks: 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.
Directions to Property: Rt 6 East to North Truro .Property on Right side.
Status Change Info
Concessions: No
Estimated Selling Date: 2024-04-10
Sold Price/SqFt: 342.36
SP/AV: 2.86
Under Contract Date: 2023-10-27
Sold Date: 2024-03-27
Sold Price: $2,200,000
Special Listing Cond
Broker-Agent/Owner: 1
Real Estate Owned: 1
Security Features
Closed Circuit Camera(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Location Description
East of Route 6: 1
Lot Features
Gentle Sloping: 1
Basement Description
Full: 1
Building/Business
Business Name: Montanos Italian restaurant
Years Established: 35
Present Use
Restaurant: 1
Parking Features
Parking Lot: 1
Paved: 1
Business Includes
Business Includes Comments: Inventory not included
Business Name: 1
DBA - Sole Proprietor: 1
Equip Inventory Avl: 1
Equipment: 1
Goodwill: 1
Owner Training: 1
Waterview Direction
East: 1
Foundation Details
Concrete Perimeter: 1
Convenient To
Bike Path: 1
Cape Cod Rail Trail: 1
Conservation Area: 1
Golf Course: 1
Horse Trail: 1
House of Worship: 1
Major Highway: 1
Marina: 1
Medical Facility: 1
School: 1
Shopping: 1
Convenient to Water Body 2: National Seashore
Floors
Laminate: 1
Walls
Paneled: 1
Wood: 1
Sewer
Innovative Alternative: 1
Private Sewer: 1
Exterior Features
Curb Cuts: 1
Sign: 1
Building Features
Handicap Access: 1
Roof Description
Asphalt: 1
Flat: 1
Siding Description
Vertical Siding: 1
Heating
Electric: 1
Forced Air: 1
Cooling
Central Air: 1
Fuel Type
Electric: 1
Oil: 1
Propane: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Natural Gas: 1
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
Documents
Floor plan ›
Listing Office:
The Realty Advisory Inc.
Listing Agent:
Richard Catania
Last Updated: September - 29 - 2024
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