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
Bike Path
Yes
Cape Cod Rail Trail
Yes
Golf Course
Yes
In Town Location
Yes
Shopping
Yes

Remarks & Misc

Public Remarks
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.
Directions to Property
US ROUTE 6 to 5200 State Highway, Eastham, Cape Cod, MA, USA

More Information

Special Listing Cond

None
Yes

Lot Features

Level
Yes

Basement Description

Cape Cod
Yes
Full
Yes

Present Use

Hotel/Motel
Yes

Parking Features

Guest
Yes
Parking Lot
Yes
Paved
Yes

Business Includes

Business Name
Yes
Equipment
Yes

Foundation Details

Poured
Yes

Beach Description

None
Yes

Beach Ownership

None
Yes

Floors

Carpet
Yes
Hardwood
Yes

Walls

Sheet Rock
Yes

Sewer

Private Sewer
Yes

Exterior Features

Out Storage
Yes
Sign
Yes
Spot Light
Yes

Building Features

Private Yard
Yes
Other
Yes

Roof Description

Asphalt
Yes
Pitched
Yes

Siding Description

Clapboard
Yes
Shingle
Yes

Heating

Forced Air
Yes

Cooling

Wall Unit(s)
Yes

Fuel Type

Electric
Yes

Water

Well
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Natural Gas
Yes

Seasonal

Fall
Yes
Spring
Yes
Summer
Yes

Gas

At Street
Yes

Owner Living Qtrs

2 Bath
Yes
2 Bedrooms +
Yes
Year Round
Yes

Kitchen

Dishwasher
Yes
Eat-in Kitchen
Yes
Microwave
Yes
Refrigerator
Yes

Miscellaneous

CATV - All
Yes

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 Bedrooms +; Year Round Miscellaneous: CATV - All Kitchen: Dishwasher; Eat-in Kitchen; Microwave; Refrigerator
IDX
Listing Office: Premier Commercial
Listing Agent: John E Ciluzzi
Last Updated: September - 29 - 2024
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc include the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 02/14/2017. All properties are subject to prior sale, changes, or withdrawal. Copyright 2020© Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved