880 Main StChatham, MA 02633

  • Office properties
  • 856 SF
For Lease
$23.33/SF/YR View listing

Property Details for 880 Main St

Year built
1998
Property size (Sq ft)
856 SF
Zone code
GB3
Property type
Office properties
Property subtype
Other office properties
APN
CHAT M:13E B:050G L:X880E
APU
CHATM13EB050GLX880E

Description

This exceptional 720-square-foot commercial space presents a unique opportunity for a single tenant seeking a high-visibility location in the heart of Chatham. Situated on Main Street, this property boasts excellent street exposure thanks to a large street sign and its strategic proximity to the intersection of Route 28, Crowell Road, Queen Ann Road, and Depot Road. The property is a single-suite building on a 0.49-acre lot (APN: 13E-50C-X880A), ideal for a variety of uses, including office space or retail. Its spacious, wide-open layout offers flexibility for customization to suit individual business needs. The property's prime location offers unparalleled convenience, placing it within easy reach of all that Old Chatham Village has to offer. Enjoy the vibrant atmosphere of nearby art studios, restaurants, local markets, and town offices. Benefit from the high foot traffic generated by its adjacency to the Chatham Village Market and Del Mar Bar & Bistro. This property represents a rare chance to establish a business in a thriving and desirable community. The building's single-tenant occupancy ensures a focused and controlled environment. This is a special purpose property offering a unique blend of accessibility, visibility, and community connection. Don't miss this chance to secure a prominent presence in the heart of Chatham.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $211,874
    6.5%
    $195,576
    7%
    $181,607
  • Comparable approach

    Method
    Valuation
    Relative Method
    $111,845
    Geo Method
    $111,845
  • Alternative Use

    Use
    Valuation
    Residential
    $242,515
    Hospitality
    $222,142
    Educational
    $184,820
    Medical
    $191,176
    Retail
    $287,497
880 Main St, Chatham, Massachusetts

Location Insight

City
Chatham
County
Barnstable
State
Massachusetts
Latitude
41.6859
Longitude
-69.968
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
$346
-
$96,900
$96,900
-
-
-
-

FAQs

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