907 Main Street, Chatham, MA 02633 (MLS# 21807675)

907 Main Street, Chatham, MA 02633

$1,925,000
Property Type: Commercial Square Footage: 2,846 Lot Size (sq. ft.): 46,208 Status: Closed
Current Price: $1,925,000 List Date: 10/04/2018 Last Modified: 9/29/2024

Overview

Description

NNN Investment Property for sale at 907 Main Street, Chatham, Cape Cod, MA. Mixed use property situated on 1-plus acres of land with two tenants. Solid investment grade property located in lux Chatham Village location. Tremendous frontage, signage and parking. Restaurant building includes a 125 seat restaurant with bar and dining areas. The building consists of 2846 sf usable interior space and 1363 enclosed seasonal space located in a patio area, for total of 4206 sf of rentable space. Financial tenant, Bank of America occupies the ATM kiosk building. Financials available for qualified investors. Superb investment property in the heart of Chatham village! Buyer to verify all use and information. Easy to show. Must See!

Listing Details MLS# 21807675

Contract Info

Original List Price
1998000
Triple Net
Yes
List Price/SqFt
702.04

Legal and Taxes

Street #
907
Street Name
Main
Street Suffix
Street
County
Barnstable
Town
Chatham
Village
Chatham
State
MA
Zip Code
02633
Tax ID
13E-49-1A
Estimated Annual Taxes
4988
Tax Year
2018
Building Assessments
575000
Other Assessments
453400
Total Assessment
1028400
Title Reference - Book
21273
Title Reference - Page
9
Underground Fuel Tank
Unknown
Lead Base Paint
Unknown
Asbestos
Unknown
Flood Ins Required
Not Verified
Mass Use Code
326 - Restaurant
Land Court Cert #
No

General Property Info

Region
Lower Cape
Primary Sub-Type
Restaurant
Secondary Sub-Type
Retail
School District
Monomoy
Zoning
GB3
# of Buildings
Yes
Stories
Yes
# of Units
Yes
Total Finished Space
2846
Seating Capacity
101 or More
Condo
No
Association
No
Year Built
1977
Renovated
Yes
Year Renovated
2010
Business w/Real Estate
No
Lot Size SqFt
46208
Lot Size Source
Appraiser
Acres
1.06
# of Parking Spaces
30
Waterfront
No
Waterview
No
Residential Units
No
Commercial Units
Yes
Total # Comm Units
2
Industrial Units
No

Status Change Info

Concessions
No
Estimated Selling Date
2019-02-05
Under Contract Date
2019-01-18
Sold Date
2019-02-05
Sold Price/SqFt
676.39
SP/AV
1.87

Remarks & Misc

Public Remarks
NNN Investment Property for sale at 907 Main Street, Chatham, Cape Cod, MA. Mixed use property situated on 1-plus acres of land with two tenants. Solid investment grade property located in lux Chatham Village location. Tremendous frontage, signage and parking. Restaurant building includes a 125 seat restaurant with bar and dining areas. The building consists of 2846 sf usable interior space and 1363 enclosed seasonal space located in a patio area, for total of 4206 sf of rentable space. Financial tenant, Bank of America occupies the ATM kiosk building. Financials available for qualified investors. Superb investment property in the heart of Chatham village! Buyer to verify all use and information. Easy to show. Must See!
Directions to Property
Located in Chatham Village at 907 Main Street, Chatham, Cape Cod, MA.

Special Listing Cond

Standard
Yes

More Information

Lot Features

Level
Yes

Basement Description

Partial
Yes

Building/Business

Building Name
Del Mar Restaurant Property
Business Operating
Yes
Conforming Use
Yes

Present Use

Restaurant
Yes

Parking Features

Common
Yes
Driveway
Yes
Parking Lot
Yes
Paved
Yes

Business Includes

None
Yes

Foundation Details

Poured
Yes

Beach Description

None
Yes

Convenient To

Bike Path
Yes
Golf Course
Yes
In Town Location
Yes
Major Highway
Yes
Medical Facility
Yes
Public Tennis
Yes
School
Yes
Shopping
Yes

Beach Ownership

None
Yes

Floors

Tile
Yes
Wood
Yes

Walls

Sheet Rock
Yes

Sewer

Private Sewer
Yes

Building Const

Wood Frame
Yes

Exterior Features

Curb Cuts
Yes
Display Window
Yes
Rear Entrance
Yes
Sign
Yes

Building Features

Private Yard
Yes
Other
Yes

Roof Description

Pitched
Yes

Siding Description

Brick
Yes

Heating

Forced Air
Yes

Cooling

Central Air
Yes

Fuel Type

Natural Gas
Yes

Water

Public
Yes

Hot Water

Water Heater
Yes

Hot Water Source

Natural Gas
Yes

Seasonal

Year Round
Yes

Gas

On Site
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Exterior Maintenance
Yes
Gas
Yes
Interior Maint
Yes
Lawn Care
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes
Other
Yes

Property Features

Special Listing Cond: Standard Present Use: Restaurant Business Includes: None Lot Features: Level Parking Features: Common; Driveway; Parking Lot; Paved Beach Description: None Beach Ownership: None Convenient To: Bike Path; Golf Course; In Town Location; Major Highway; Medical Facility; Public Tennis; School; Shopping Floors: Tile; Wood Walls: Sheet Rock Foundation Details: Poured Basement Description: Partial Building Const: Wood Frame Building Features: Private Yard; Other Roof Description: Pitched Siding Description: Brick Heating: Forced Air Cooling: Central Air Fuel Type: Natural Gas Water: Public Hot Water: Water Heater Hot Water Source: Natural Gas Seasonal: Year Round Sewer: Private Sewer Gas: On Site Tenant Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Interior Maint; Lawn Care; Snow Removal; Taxes; Trash Collection; Water; Other
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