$1,800,000
$1,890,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
000 Scenic Hwy Bourne, MA 02532
2.97 Acres Lot
Key Details
Sold Price $1,800,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73215445
Sold Date 05/03/24
HOA Y/N false
Year Built 1932
Annual Tax Amount $6,502
Tax Year 2023
Lot Size 2.970 Acres
Acres 2.97
Property Description
This 10-unit Motel, 7 individual cabins and 4 bedroom home has been upgraded in every way since the current owners purchased it 3 years ago and is priced for a quick sale and quick closing. This is a goldmine with the right people running it. Potential gross income can easily top $660,000 and net income of $330,000 per year if run by professionals. This iconic motel is located right across the famous cape cod canal. The improvements, both inside & out, have been extensive. The motel and the cabins serves clients from all New England and the world. This property is at the Gateway to the Cape Cod National Seashore and close to all world renowned cape beaches on both the bay & oceanside. Restaurants and shops are nearby as well as the Cape Cod Rail Trail. With a great location & a quality guest experience, the sellers have been successful, but with a true professional team running the whole property you can do way better. This has been a popular spot for vacationers for many years.
Location
State MA
County Barnstable
Zoning Mixed use
Direction Route 6 between the Sagamore bridge and Bourn Bridge
Exterior
Utilities Available Public Water, Private Sewer
Waterfront false
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 40
Others
Senior Community false
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Bought with Ronnie Armany • Ronnie Armany