1919 Main StBarnstable, MA 02668

  • Retail properties
  • 4,737 SF
For Sale
$899,000 View listing

Property Details for 1919 Main St

Year built
1950
Construction
FRAME
Lot size
0.93 AC
Property size (Sq ft)
4,737 SF
Zone code
R
Property type
Retail properties
APN
BARN M:216 L:029
APU
BARNM216L029

Description

This 4,306 square foot retail storefront, located at 1919 Main St, Route 6A in West Barnstable, Massachusetts (zip code 02668), presents a compelling investment opportunity. Built in 1983 and renovated in 1999, this single-story, Class C building sits on a 0.93-acre lot and is currently 100% occupied. The property is zoned RF and offers a large open space ideal for various uses, including offices, showrooms, or workrooms, along with ample storage. The building features a substantial rear parking area. Its prominent corner location at the intersection of Route 6A and Route 130 ensures high visibility and excellent traffic counts, placing it at the start of the Route 132 Commercial Corridor. Currently configured as a retail crafts shop, this property is priced at $899,000, translating to $208.78 per square foot. The property's size and location make it suitable for redevelopment or conversion into a multi-tenant property. This is a rare opportunity to acquire a well-situated commercial property in a desirable Cape Cod location. The property is a single unit building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,287,325
    6.5%
    $1,188,300
    7%
    $1,103,421
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,559,720
    Geo Method
    $1,559,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,002,375
    Hospitality
    $918,170
    Educational
    $763,907
    Medical
    $790,179
    Retail
    $1,188,300

Location Insight

City
West Barnstable
County
Barnstable
State
Massachusetts
Latitude
41.6955
Longitude
-70.345
CBSA code
12700
CBSA name
BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,585
$183,800
$400,300
$584,100
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-
-
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