258 Main StBourne, MA 02532

Property Details for 258 Main St

Year built

1983

Construction

FRAME

Lot size

2.04 AC

Property size (Sq ft)

800 SF

Property type

Office properties

APN

BOUR M:20.3 P:157 E:1

APU

BOURM203P157E1

Description

This exceptional 800-square-foot office condo is situated at 258 Main Street in the heart of Buzzards Bay, Massachusetts, offering a unique opportunity for business owners. Built in 1983, this second-story unit is part of a well-maintained complex boasting a picturesque pond-side setting. The property features a classic brick facade and is set within a beautifully landscaped campus-like environment, with buildings separated by brick walkways and lush grass. The interior of the condo comprises four individual offices, providing flexibility for various business configurations. Two separate entrances and a shared bathroom add to the unit's versatility. Ample parking is available for both clients and staff, ensuring convenience and accessibility. The property is connected to the town sewer system, eliminating potential operational hassles. The generous lot size of 88,862 square feet contributes to the overall appeal. Located in Bourne, Barnstable County, MA, zip code 02532, this property presents a compelling combination of charm, functionality, and a highly desirable location. Priced at $99,000, this office condo represents an incredible value for professionals seeking to establish or expand their business in downtown Buzzards Bay. This is a rare opportunity to own a flexible and well-located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $163,100

  6.5%

  $150,554

  7%

  $139,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $104,528

  Geo Method

  $104,528

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $292,104

  Retail / Commercial

  $150,632

  Mixed-Use / Specialty

  $150,758

  Hospitality / Lodging

  $111,471

  Institutional / Educational

  $156,965

  Residential Income

  $183,649

  Multifamily

  $216,580

  Automotive / Energy

  $134,541

  Parking / Income-Based Land

  $45,772.90

  Restaurant / Food Service

  $79,826.90

  Healthcare / Senior Housing

  $153,919

Location Insight

City

Bourne

County

Barnstable

State

Massachusetts

Latitude

41.7499

Longitude

-70.6006

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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