, Falmouth, MA 02540 (MLS# 20806065)

Falmouth, MA 02540

$2,020,000
Property Type: Commercial Square Footage: 17,252 Lot Size (sq. ft.): 37,026 Status: Closed
Current Price: $2,020,000 List Date: 6/16/2008 Last Modified: 9/28/2024

Overview

Description

AAA, 3-Diamond Premier Motel (Beautification Awards)with 22 Spacious, Updated Rooms (Kings, Queens, Doubles) with modern amenities, A/C, Whirlpool Tub, Ceiling Fans, Balconies, Fireplace, Walk to Beach, Ferry & Town: shops, restaurants, cultural activities. Four-Season, Destination Location! Excellent Financials; Turnkey!

Listing Details MLS# 20806065

Contract Info

Original List Price
2150000
List Price/SqFt
124.62

Legal and Taxes

County
Barnstable
Town
Falmouth
Village
Falmouth
State
MA
Zip Code
02540
Estimated Annual Taxes
6500
Tax Year
2007
Building Assessments
253000
Total Assessment
1389500
Title Reference - Book
18112
Title Reference - Page
283
Land Court Cert #
000
Underground Fuel Tank
Unknown
Lead Base Paint
Unknown
Flood Ins Required
No
Mass Use Code
301 - Motel

General Property Info

Region
Upper Cape
Primary Sub-Type
Hotel/Motel
School District
Falmouth
Zoning
commercial
# of Buildings
2
Stories
2
# of Units
22
Total Finished Space
17252
Condo
No
Year Built
1955
Business w/Real Estate
Yes
Lot Size SqFt
37026
Lot Size Source
Field Card
Acres
0.85
# of Parking Spaces
22
Waterfront
No
Waterview
No
Residential Units
No
Commercial Units
Yes
Total # Comm Units
22
Industrial Units
No

Status Change Info

Estimated Selling Date
2008-07-29
Under Contract Date
2008-06-17
Sold Date
2008-07-29
Sold Price/SqFt
117.09
SP/AV
1.45

Remarks & Misc

Public Remarks
AAA, 3-Diamond Premier Motel (Beautification Awards)with 22 Spacious, Updated Rooms (Kings, Queens, Doubles) with modern amenities, A/C, Whirlpool Tub, Ceiling Fans, Balconies, Fireplace, Walk to Beach, Ferry & Town: shops, restaurants, cultural activities. Four-Season, Destination Location! Excellent Financials; Turnkey!
Directions to Property
Route 28 to Falmouth Heights Road. #28.

Basement Description

Full
Yes

More Information

Building/Business

Business Operating
Yes
Conforming Use
Yes

Present Use

Hotel/Motel
Yes

Parking Features

Driveway
Yes
Parking Lot
Yes
Paved
Yes

Business Includes

Business Name
Yes
Equip Inventory Avl
Yes
Equipment
Yes
Goodwill
Yes

Foundation Details

Concrete Perimeter
Yes
Poured
Yes

Beach Description

Ocean
Yes

Convenient To

House of Worship
Yes
In Town Location
Yes
Major Highway
Yes
Marina
Yes
Medical Facility
Yes
School
Yes
Shopping
Yes

Beach Ownership

Public
Yes

Floors

Carpet
Yes
Other
Yes

Walls

Sheet Rock
Yes

Sewer

Public Sewer
Yes

Building Const

Wood Frame
Yes

Exterior Features

Curb Cuts
Yes
Fire Escape
Yes

Building Features

Handicap Access
Yes

Roof Description

Asphalt
Yes

Siding Description

Clapboard
Yes

Heating

Hot Water
Yes
Other
Yes

Water

Public
Yes

Hot Water Source

Natural Gas
Yes

Gas

At Street
Yes

Property Features

Present Use: Hotel/Motel Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill Parking Features: Driveway; Parking Lot; Paved Beach Description: Ocean Beach Ownership: Public Convenient To: House of Worship; In Town Location; Major Highway; Marina; Medical Facility; School; Shopping Floors: Carpet; Other Walls: Sheet Rock Foundation Details: Concrete Perimeter; Poured Basement Description: Full Building Const: Wood Frame Building Features: Handicap Access Roof Description: Asphalt Siding Description: Clapboard Heating: Hot Water; Other Water: Public Hot Water Source: Natural Gas Sewer: Public Sewer Gas: At Street
IDX
Listing Office: Cape Harbor Realty
Listing Agent: David C Petrasko
Last Updated: September - 28 - 2024
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