Building Details

Year Built 1870

Listing Agency: Kennedy Real Estate n***@kennedycapehomes.com Show Phone

Listed By: Noreen E Kennedy

Source: Capecodtoday

Added: Aug 20 Changed: Aug 29 Last Checked: Aug 30 at 12:59PM

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Investment Insights

Based on property information with market context.

This mixed-use building combines five residential units with one commercial space. The apartment mix includes 4 one-bedroom apartments and 1 two-bedroom apartment, while the commercial area can be occupied by the owner or rented separately. The building was completely renovated and lifted for structural soundness, with a sprinkler system, new furnace, new electrical panels, landscaping, and a security system.

Resident-oriented features include parking for all residents, a laundry room, storage units, and trash removal. One apartment is open, and the commercial space is also available for use or lease. The property is located at 2485 Main Street in South Chatham, Massachusetts, and received a 2015 Preservation Award.

Key Highlights

• 4 one‑bedroom apartments and 1 two‑bedroom apartment
• Separate commercial space with owner‑use or rental flexibility
• Completely renovated building lifted for structural soundness

Property Analytics

Property Profile

Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Parking Lot & Garage Hair Salon Storage Facility Auto Repair Shop Garden 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.

Lease Details

Yes

Sprinkler system

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

164

Businesses Nearby

Explore this area Business Placement

Demographics for 02659, MA

1,100

Population

1,187

Households

0.9

Avg Household Size

60

Median Age

62%

College-Educated

98%

High-School Grad

2.0 sq mi

ZIP Area

550

Density / Sq Mi

$87,368

Median Household Income

$62,578

Median Earnings

$1,232

Median Rent

$650,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Five apartments are paired with a dedicated commercial space and resident amenities.

Where is this mixed-use property located?

The property is located at 2485 Main Street South Chatham South Chatham, MA.

What is the lease rate?

The lease rate is $2,500,000.

What are key features of this property?

This property features: 4 one‑bedroom apartments and 1 two‑bedroom apartment; Separate commercial space with owner‑use or rental flexibility; Completely renovated building lifted for structural soundness