197 Main StDennis, MA 02638

Property Details for 197 Main St

Lot size

0.70 AC

Property type

Investment properties

Property subtype

Live-work space

APN

DENN M:000255 P:012-000

APU

DENNM000255P012000

Description

This free-standing retail building at 197 Main Street in Dennis, Massachusetts (zip code 02638) offers 1,250 square feet of versatile space, previously occupied by a long-term tenant. The property features abundant natural light from large front windows, creating a bright and inviting atmosphere. The interior includes plush carpeting and a functional gas fireplace, providing supplemental heat. A private bathroom is conveniently located within the main space. An additional, separate area offers flexibility for various uses, such as extra retail display, office space, storage, or changing rooms. Ten dedicated parking spaces are situated directly in front of the building, ensuring ample customer parking. Generous signage opportunities are available to enhance visibility. The lease includes landlord-paid taxes, insurance, and gas utilities. Tenant responsibilities encompass electricity, snow removal, and landscaping. This single-tenant property in Barnstable County presents a unique opportunity for a retail or office business seeking a well-maintained space with excellent visibility and ample parking. The property is located at 41.7232902, -70.1950455.

• CAP approach

  CAP return

  Valuation

  6%

  $5,637,087

  6.5%

  $5,203,465

  7%

  $4,831,789

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,984,085

  Geo Method

  $3,984,085

• Alternative Use

  Use

  Valuation

  Residential

  $6,452,296

  Hospitality

  $5,910,269

  Educational

  $4,917,274

  Medical

  $5,086,387

  Retail

  $7,649,094

Location Insight

City

Dennis

County

Barnstable

State

Massachusetts

Latitude

41.7233

Longitude

-70.195

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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