Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1547 Main St Chatham, MA 02633

    Sponsored
    Picture of Specialty properties at Main St 1547, Chatham, MA
    For Sale
    Pending
    $1,495,000

    COMMERCIAL - Chatham, MA

    Property size:
    5,547 SF
    Lot size:
    0.78 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 20 at 8:06 pm

    Property Features for 1547 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    CHAT M:09D B:0005 L:17
    Appliances
    Water Heater
    Size
    5,547 SF
    Lot size
    0.78 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Wall Unit(s)
    Water source
    Public

    Building Details

    Year built
    1960
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Shingle Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    James Peterson

    PETERSON REALTY INC (508) 432-1220 [email protected]

    Listing agent James A Peterson (508) 432-1220

    Listing date Jan 16, 2026

    Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Chatham Commercial Employee Housing Facility

    This commercial property in Chatham, Massachusetts, is an ideal facility for employee housing, a function it has served for many years. The property features 15 rooms, each with a private bathroom, and a total of 33 beds. It is conveniently located directly on the B-Bus route. Most rooms are equipped with combination heat and air conditioning. The main building includes a common kitchen and laundry facility. Unit 11 is a double room with its own kitchen. Additionally, there are two new outside enclosed showers. The property occupies a 0.78-acre lot and includes a 5,547 square foot building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.990847
    Latitude
    41.682159

    Nearby Similar for Sale

    • $1,995,000
      1,479 SF

      Chatham Mixed-Use Commercial Building

      Rare mixed-use property in downtown Chatham with retail and apartment.
      409 Main St, Chatham, MA 02633
      View Details
    • $2,799,000
      4,235 SF

      Chatham In-Town Commercial Property

      Versatile commercial space in Chatham, ideal for office or retail.
      697 Main St, Chatham, MA 02633
      View Details
    • $599,900
      1,260 SF

      Renovated Office Space in Chatham

      Exceptional, renovated office space in the heart of Chatham.
      6 Munson Meeting Way, Chatham, MA 02633
      View Details
    • $950,000
      2,252 SF

      Cape Cod Restaurant & Real Estate

      Successful restaurant with real estate and living accommodations for sale.
      2653 Main St, South Chatham, MA 02659
      View Details
    • $299,900
      Pending

      Chatham Retail/Office Condo For Sale

      546 SF renovated retail/office condo near Chatham Center.
      25 Post Office Sq, Chatham, MA 02633
      View Details
    • New
      $799,000
      827 SF

      Chatham Main Street Commercial Building

      Freestanding 827 SF commercial building in coveted Main Street location.
      605 Main St, Chatham, MA 02633
      View Details
    • New
      $1,150,000
      3,171 SF

      Chatham Commercial Building/Warehouse For Sale

      Commercial building/warehouse with multiple uses in Chatham's industrial area.
      70 Enterprise Dr, Chatham, MA 02633
      View Details
    • $425,000
      1,123 SF

      North Chatham Corner Office Space

      Spacious 1,123 sq ft corner office in North Chatham.
      212 Orleans Rd, North Chatham, MA 02650
      View Details
    • New
      $1,895,000
      2,400 SF

      Chatham Restaurant Opportunity on Main

      Turn-key restaurant with real estate on vibrant Main Street.
      1200 Main St, Chatham, MA 02633
      View Details
    • $25,000,000
      13,388 SF

      Chatham Oceanfront Hospitality Opportunity

      Rare opportunity: 32-unit motel on 3.2 acres with private beach.
      196 Shore Rd, Chatham, MA 02633
      View Details
    • $25,000,000
      13,388 SF

      Chatham Oceanfront Hospitality Opportunity

      Rare opportunity: 3.2 acres with panoramic water views and private beach.
      196 Shore Rd, Chatham, MA 02633
      View Details
    • $3,500,000

      Chatham Mixed-Use Investment Opportunity

      Mixed-use property in Chatham, MA with residential and retail potential.
      450 Main St, Chatham, MA 02633
      View Details

    FAQs

    What type of property is this?
    Specialty property - Employee housing facility with 15 rooms and 33 beds.
    Where is this specialty property located?
    The property is located at 1547 Main St Chatham, MA.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - Ideal for Employee Housing: Long-standing history of employee accommodation.; - 15 Rooms with Private Bathrooms: Enjoy the comfort of private en-suites.; - 33 Beds Total: Maximize your investment with high occupancy.
    (508) 432-1220
    Request Owner's contact information
    1547 Main St Chatham, MA 02633
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1547 Main St
    Chatham, MA 02633
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1547 Main St Chatham, MA 02633
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    James Peterson
    (508) 432-1220
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.