204 Main StOrleans, MA 02653

Property Details for 204 Main St

Year built

1850

Construction

FRAME

Lot size

1.00 AC

Property size (Sq ft)

3,701 SF

Zone code

RB

Property type

Office properties

Property subtype

Office buildings

APN

ORLE M:035.0 B:0067 L:0000.0

APU

ORLEM0350B0067L00000

Description

This unique 3,701 square foot property at 204 Main Street, Orleans, MA 02653, presents a compelling investment opportunity. Built in 1850, this special purpose building sits on a substantial 43,560 square foot lot and is currently priced at $1,995,000. Previously used as a doctor's office, the expansive space offers significant potential for diverse commercial ventures. Alternatively, the property lends itself to conversion into a remarkable family residence, or a blend of residential and commercial use. The large, sunlit commercial area is adaptable to various needs. The generous lot size allows for significant redevelopment, creating a beautiful home conveniently located near the village center, beaches, biking trails, marinas, and restaurants. Once approved for residential use, the property could accommodate at least four bedrooms. The seller is open to offers including requests for buyer concessions. This prime location and flexible layout make it ideal for those seeking a stylish, walkable lifestyle or a thriving business venture.

• CAP approach

  CAP return

  Valuation

  6%

  $916,050

  6.5%

  $845,584

  7%

  $785,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $483,573

  Geo Method

  $483,573

• Alternative Use

  Use

  Valuation

  Residential

  $1,048,525

  Hospitality

  $960,443

  Educational

  $799,077

  Medical

  $826,559

  Retail

  $1,243,009

Location Insight

City

Orleans

County

Barnstable

State

Massachusetts

Latitude

41.7852

Longitude

-69.9677

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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