For Sale
$5,499,000

48 Lombard AveBarnstable, MA 02668

10-Acre Multi-Building Complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity in West Barnstable, MA, presents a unique blend of commercial and agricultural land spanning over 10.34 acres. The property comprises eight buildings, currently generating substantial income from a diverse range of tenants. Building 1 houses a thriving Barnstable Farm & Pet store, while Building 4 is leased to a reputable marine servicing company. Buildings 5 through 8 are occupied by Beacon Building Products, a significant contributor to the property's revenue, accounting for over 50% of the overall income. Buildings 2 and 3 offer vacant spaces with high potential for additional rental income. The property's zoning permits both commercial and agricultural uses. Secured leases provide a stable income stream, further enhanced by the potential for supplemental revenue from outside boat storage on the expansive lot. A notable feature is the property's adjacency to the Cape Cod Central Railroad track, with evidence suggesting a historical rail switch, offering intriguing possibilities for future logistical improvements. The asking price for this lucrative investment is $5,499,000. This property is located at 48 & 96 Lombard Ave, Barnstable, MA 02668. The property's history, modern utility, and diverse income streams make it an attractive proposition for investors seeking a stable return or businesses aiming for a strategic presence in West Barnstable.

Highlights

  • 10.34-acre commercial and agricultural property in West Barnstable, MA, with eight buildings generating substantial income.
  • Multiple tenants, including Barnstable Farm & Pet store, a marine servicing company, and Beacon Building Products (occupying buildings 5-8 and contributing over 50% of income).
  • Buildings 2 and 3 are vacant, offering significant upside potential.
  • Zoned for commercial and agricultural uses, with secured leases providing stable income.
  • Potential for additional income from boat storage; adjacent to Cape Cod Central Railroad track with a historical rail switch.
  • Asking price: $5,499,000; located at 48 & 96 Lombard Ave, Barnstable, MA 02668.

Property Details for 48 Lombard Ave

Property type
Land, Farms
Lot Size (sq. ft)
450,410 SF

Location Insight

City
Barnstable
County
Barnstable
State
Massachusetts
Latitude
41.7065774
Longitude
-70.3766608
48 Lombard Ave, Barnstable, Massachusetts

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48 Lombard Ave
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