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Multi-Use Property with Two Buildings
For Sale
$1,650,000

231 Crowell Road, Chatham, MA 02633

Two-building commercial property with multi-use space, office, and bays.

Property Size1,638 SF
Price / SF$1,007
Days on Market781

Property Features for 231 Crowell Road

General Information

Standard status Active
Size 1,638 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,333

Amenities

Cleared
Driveway
Interior Lot
Unpaved

Building Details

Year Built 1995
Listing Agency: JOHN C RICOTTA & ASSOC.
Listed By: JUDITH L SMITH · License #131788
Source: Corcoran
Added: Jun 20, 2024 Changed: Aug 8 Last Checked: Jul 16 at 11:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHN C RICOTTA & ASSOC.

Investment Insights

Based on property information with market context.

This commercial, multi-use property, zoned GB3, features two buildings. The first building, constructed in 1995, offers 948 square feet of space, including a multi-use area, an office, and a full bath. It is equipped with a Viessman heating and hot water system, and it has a full basement that is ready to be finished. The second building, built in 2003, provides 1,638 square feet of space with two bays and a carport. One bay includes a gas heater, and the second floor is ready to be finished. The property offers various possibilities, as detailed in the attached documents, including the GB3 standard permitted uses section 3.4 and Appendix 1 ''Schedule of Use Regulations'', floor plans, and septic site plan. Previously used as a builder's workshop and warehouse for storing automobiles, boats, and vintage motorcycles, the property includes owned solar panels.

Key Highlights

  • Zoned GB3, allowing for diverse commercial and multi‑use possibilities.
  • Two buildings: 948 sf (built in 1995) with office, full bath, and unfinished basement; and 1,638 sf (built in 2003) featuring 2 bays and a carport.
  • Second building's second floor is ready to be finished, offering expansion potential.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 02633, MA

4,664
Population
5,425
Households
0.9
Avg Household Size
62
Median Age
65%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
542
Density / Sq Mi
$94,036
Median Household Income
$50,038
Median Earnings
$1,005
Median Rent
$881,400
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-building commercial property with multi-use space, office, and bays.
Where is this mixed-use property located?
The property is located at 231 Crowell Road Chatham, MA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Zoned GB3, allowing for diverse commercial and multi‑use possibilities.; Two buildings: 948 sf (built in 1995) with office, full bath, and unfinished basement; and 1,638 sf (built in 2003) featuring 2 bays and a carport.; Second building's second floor is ready to be finished, offering expansion potential.
More about this property
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