, South Chatham, MA 02659 (MLS# 20512137)

South Chatham, MA 02659

$1,600,000

Property Type: Commercial Square Footage: 4,000 Lot Size (sq. ft.): 118,048 Status: Closed

Current Price: $1,600,000 List Date: 6/24/2006 Last Modified: 9/29/2024

Overview

Description

An outstanding business opportunity, including the popular Chatham Seafood House Restaurant & Iso-Bar, which has been operating for 29 years, and two private residential homes, all on 2.7 acres. Located on Route 28 at the entrance to Chatham, the restaurant and lounge seats 130 with 4000 sf on the first floor, and an additional 1500 sf of storage in the basement with wine cellar. Owner's private cape style home with 3200sf has 3+ bedrooms, 3 1/2 baths, 2 car garage, and rooftop deck with views to the ocean. Second home is a ranch with finished lower level and has 3 bedrooms and two baths. Entire property could be subdivided into 3 lots. Call for a video slide show of the property with the restaurant in opreation.

Listing Details MLS# 20512137

Contract Info

Original List Price: 2395000
List Price/SqFt: 497.5

Legal and Taxes

Street Modifier: -2191
County: Barnstable
Town: Chatham
Village: South Chatham
State: MA
Zip Code: 02659
Estimated Annual Taxes: 5183
Tax Year: 2006
Building Assessments: 747500
Total Assessment: 1316600
Title Reference - Book: 15121
Title Reference - Page: 261
Land Court Cert #: 39729
Underground Fuel Tank: Unknown
Lead Base Paint: Unknown
Asbestos: Unknown
Flood Ins Required: Not Verified
Mass Use Code: 326 - Restaurant

General Property Info

Region: Lower Cape
Secondary Sub-Type: Business w/Real Est
Other Sub-Type: Residential w/Bus
School District: Monomoy
Zoning: SB
# of Buildings: 3
Stories: 2
# of Units: 3
Total Finished Space: 4000
Additional SqFt Source: Estimated
Seating Capacity: 101 or More
Condo: No
Year Built: 1960
Business w/Real Estate: Yes
Lot Size SqFt: 118048
Lot Size Source: Field Card
Acres: 2.71
Road Frontage - Old: 413
Lot Depth: 336
# of Parking Spaces: 80
Waterfront: No
Waterview: No
Residential Units: Yes
Total # Res Units: 2
Commercial Units: Yes
Total # Comm Units: Yes
Industrial Units: No

Status Change Info

Date of Accepted Offer: 2006-12-18
Estimated Selling Date: 2007-01-16
Under Contract Date: 2006-12-20
Sold Date: 2007-01-16
Sold Price/SqFt: 400
SP/AV: 1.22

Present Use

Present Use Comments: Seasonal, food and liquor license
Restaurant: Yes

Business Includes

Business Includes Comments: All equipment and furnishings to operate restaurant and lounge.
Business Name: Yes
Equip Inventory Avl: Yes
Equipment: Yes
Goodwill: Yes
Owner Training: Yes

More Information

Residential Unit 1

Occupancy: Occupied
Type: House
Approx SqFt: 3200
2 + Baths: Yes
2 + Bedrooms: Yes
Elec 110 Volts: Yes
Elec 200 Amps: Yes
Year Round: Yes

Residential Unit 2

Occupancy: Occupied
Type: House
Approx SqFt: 1700
2 + Baths: Yes
2 Baths: Yes
Elec 100 - 150 Amps: Yes
Elec 110 Volts: Yes
Year Round: Yes

Commercial Unit 1

Occupancy: Occupied
Type: Retail
Approx SqFt: 4000

Remarks & Misc

Public Remarks: An outstanding business opportunity, including the popular Chatham Seafood House Restaurant & Iso-Bar, which has been operating for 29 years, and two private residential homes, all on 2.7 acres. Located on Route 28 at the entrance to Chatham, the restaurant and lounge seats 130 with 4000 sf on the first floor, and an additional 1500 sf of storage in the basement with wine cellar. Owner's private cape style home with 3200sf has 3+ bedrooms, 3 1/2 baths, 2 car garage, and rooftop deck with views to the ocean. Second home is a ranch with finished lower level and has 3 bedrooms and two baths. Entire property could be subdivided into 3 lots. Call for a video slide show of the property with the restaurant in opreation.
Directions to Property: Located on Route 28, 2175 Main Street, west of the Chatham Rotary, and just east of the Route 137 intersection coming into town from the west.

Lot Features

Gentle Sloping: Yes

Basement Description

Bulkhead Access: Yes
Locked Storage: Yes
Partial: Yes

Building/Business

Business Name: Chatham Seafood House (and 2 homes)
Business Operating: Yes
Years Established: 29
Conforming Use: Yes

Parking Features

Driveway: Yes
Gravel: Yes
Parking Lot: Yes
Paved: Yes

Foundation Details

Concrete Perimeter: Yes
Poured: Yes

Beach Description

Ocean: Yes

Convenient To

Bike Path: Yes
Conservation Area: Yes
House of Worship: Yes
Major Highway: Yes
Medical Facility: Yes
Shopping: Yes

Beach Ownership

Public: Yes

Beach/Lake/Pond

Nantucket Sound: Yes

Floors

Other: Yes

Walls

Paneled: Yes
Sheet Rock: Yes

Building Const

Wood Frame: Yes

Exterior Features

Curb Cuts: Yes
Sign: Yes

Building Features

Handicap Access: Yes
Private Yard: Yes

Roof Description

Asphalt: Yes
Pitched: Yes

Siding Description

Shingle: Yes

Heating

Forced Air: Yes

Fuel Type

Natural Gas: Yes

Water

Public: Yes

Hot Water Source

Electric: Yes

Gas

At Street: Yes
On Site: Yes

Property Features

Present Use: Restaurant Business Includes: Business Name; Equip Inventory Avl; Equipment; Goodwill; Owner Training Lot Features: Gentle Sloping Parking Features: Driveway; Gravel; Parking Lot; Paved Beach Description: Ocean Beach Ownership: Public Convenient To: Bike Path; Conservation Area; House of Worship; Major Highway; Medical Facility; Shopping Floors: Other Walls: Paneled; Sheet Rock Foundation Details: Concrete Perimeter; Poured Basement Description: Bulkhead Access; Locked Storage; Partial Building Const: Wood Frame Building Features: Handicap Access; Private Yard Roof Description: Asphalt; Pitched Siding Description: Shingle Heating: Forced Air Fuel Type: Natural Gas Water: Public Hot Water Source: Electric Gas: At Street; On Site Residential Unit 1: 2 + Baths; 2 + Bedrooms; Elec 110 Volts; Elec 200 Amps; Year Round Residential Unit 2: 2 + Baths; 2 Baths; Elec 100 - 150 Amps; Elec 110 Volts; Year Round

Listing Office: Kinlin Grover Real Estate

Listing Agent: David A Nadeau

Last Updated: September - 29 - 2024

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, South Chatham, MA 02659 (MLS# 20512137)