5200 State Highway Highway, Eastham, MA 02642 (MLS# 22002714)

5200 State Highway Highway, Eastham, MA 02642

$2,100,000
Property Type: Commercial Square Footage: 15,340 Lot Size (sq. ft.): 314,939 Status: Closed
Current Price: $2,100,000 List Date: 5/12/2020 Last Modified: 9/29/2024

Overview

Description

40 Unit Motel located in Eastham, Cape Cod, MA, USA now avaialble for sale! The well known Viking Shores Motor Lodge is situated on 7.23 acres of land (6.62 Acres at 5200 State Highway) that abuts the Cape Cod Rail Trail / Bike Trail running from Dennis to Wellfleet. Includes land, 3 buildings, improvements, business, equipment and additioanl lot located at 5340 State Highway (.61 Acres).Spacious Front Desk, Common Areas and Completly Renovated 3 Bedroom, 2 Bath Owners / Managers Home included in the sale. Guests enjoy manicured landscaping, spacious acreage and sparkling outside pool. Other points of interest include onsite commecial laundry, ample parking, exceptional frontage and signage on US Route 6 and close proximity to The National Seashore, Beaches, Restaurants and all points of interest. Substantial redevelopment potential for residential condos or purchase as investment / hospitality asset. Easy to show! Move to Cape Cod and live a True New England Lifestyle.

Listing Details MLS# 22002714

Contract Info

Original List Price
2100000
List Price/SqFt
136.9

Legal and Taxes

Street #
5200
Street Name
State Highway
Street Suffix
Highway
County
Barnstable
Town
Eastham
Village
Eastham
State
MA
Zip Code
02642
Tax ID
05-13
Estimated Annual Taxes
15987
Tax Year
2020
Building Assessments
987500
Other Assessments
50500
Total Assessment
1833400
Title Reference - Book
22866
Title Reference - Page
204
Underground Fuel Tank
Unknown
Lead Base Paint
Unknown
Asbestos
Unknown
Flood Ins Required
Not Verified
Elevation Certificate
No
Mass Use Code
301 - Motel

General Property Info

Region
Outer Cape
Primary Sub-Type
Hotel/Motel
Other Sub-Type
Mixed Use
School District
Nauset
Zoning
RES & LTD COMM
# of Buildings
3
Stories
2
# of Units
40
Total Finished Space
15340
Additional SqFt Source
Owner
Condo
No
Association
No
Year Built
1979
Renovated
Yes
Year Renovated
2019
Business w/Real Estate
Yes
Lot Size SqFt
314939
Lot Size Source
Owner
Acres
7.23
Waterfront
No
Waterview
No
Residential Units
Yes
Commercial Units
Yes
Total # Comm Units
40
Industrial Units
No
Property Includes Recording Devices
No

Status Change Info

Concessions
No
Estimated Selling Date
2021-05-03
Under Contract Date
2020-09-28
Sold Date
2021-03-25
Sold Price/SqFt
136.9
SP/AV
1.15

Convenient To

Convenient to Water Body 1
Cape Cod Bay
Convenient to Water Body 2
Atlantic Ocean

More Information

Property Features

Special Listing Cond: None Present Use: Hotel/Motel Business Includes: Business Name; Equipment Lot Features: Level Parking Features: Guest; Parking Lot; Paved Beach Description: None Beach Ownership: None Convenient To: Bike Path; Cape Cod Rail Trail; Golf Course; In Town Location; Shopping Floors: Carpet; Hardwood Walls: Sheet Rock Foundation Details: Poured Basement Description: Cape Cod; Full Building Features: Private Yard; Other Roof Description: Asphalt; Pitched Siding Description: Clapboard; Shingle Heating: Forced Air Cooling: Wall Unit(s) Fuel Type: Electric Water: Well Hot Water: Water Heater Hot Water Source: Natural Gas Seasonal: Fall; Spring; Summer Sewer: Private Sewer Gas: At Street Owner Living Qtrs: 2 + Bath; 2 Bath; 2 Bedrooms +; Year Round Miscellaneous: CATV - All Kitchen: Dishwasher; Eat-in Kitchen; Microwave; Refrigerator
IDX
Listing Office: Premier Commercial
Listing Agent: John E Ciluzzi
Source MLS Verified
Last Updated: September - 29 - 2024
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