48 Main StOrleans, MA 02653

Property Details for 48 Main St

Year built

1900

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

3,670 SF

Zone code

VILLAG

Property type

Investment properties

Property subtype

Live-work space

APN

ORLE M:034.0 B:0109 L:0000.0

APU

ORLEM0340B0109L00000

Description

This exceptional investment opportunity presents the chance to acquire S. Wilder & Co., Inc., the iconic Cape Cod Lanterns (TM), a business with a rich history dating back to 1836. Located at 48 Main Street in the heart of Orleans Village, this high-visibility location within a walkable Cape Cod setting offers unparalleled accessibility to the entire Cape Cod region. The 3,670 square foot property sits on a 0.19-acre lot and boasts a loyal customer base of approximately 9,500. As one of the oldest continuously operating businesses in Massachusetts, Cape Cod Lanterns holds a unique position in the market. The business is an S-Corp and possesses a UL File, a significant advantage as it's the only lantern shop on Cape Cod capable of fabricating UL-listed lighting. This presents a rare opportunity to own a thriving, established business with a proven track record, strong brand recognition, and a loyal clientele. The business offers a curated selection of artisanal brands, appealing to those with a passion for lighting design. The combination of its historical significance, prime location, strong financials, and established customer base makes this a truly exceptional investment prospect. The property is easily shown, allowing for a seamless transition for the new owner. This is a chance to own a piece of Cape Cod history and build upon a legacy of success.

• CAP approach

  CAP return

  Valuation

  6%

  $678,479

  6.5%

  $626,288

  7%

  $581,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $479,522

  Geo Method

  $479,522

• Alternative Use

  Use

  Valuation

  Residential

  $776,598

  Hospitality

  $711,359

  Educational

  $591,843

  Medical

  $612,197

  Retail

  $920,644

Location Insight

City

Orleans

County

Barnstable

State

Massachusetts

Latitude

41.7872

Longitude

-69.9904

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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