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    West Barnstable Investment Opportunity Title is generated by Realmo AI

    48 Lombard Ave, Barnstable, MA 02668

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    Over 10 acres with 8 buildings in West Barnstable.

    Type:Land
    Lot size:
    10.00 Acres
    Added:
    Mar 18, 2024
    Days on Market:
    841
    Last Refresh:
    Jul 5 at 6:08 am

    Property Features for 48 Lombard Ave

    General Information

    Standard status
    Active
    Lot size
    10.00 Acres
    Property subtype
    Land

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    Kevin Pepe
    Kevin Pepe

    Listing office Commercial Realty Advisors, Inc.

    Listing date Mar 18, 2024

    Source Crexi

    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 Commercial Realty Advisors, Inc.

    HighLights

    • Substantial Income Generation: Established tenants like Barnstable Farm & Pet and Beacon Building Products contribute over 50% of revenue.
    • Expansive 10+ Acre Lot: Ample space allows for various uses, including outside boat storage, creating additional revenue streams.
    • Multiple Buildings: Includes 8 buildings, offering a diverse range of current and potential uses.
    • Secured Leases: Existing leases with reputable companies solidify the property as a stable and lucrative investment.
    • Income Growth Potential: Vacant spaces in the front buildings offer immediate opportunities to increase income.
    • Potential Railroad Access: Historical connection to the Cape Cod Central Railroad presents a unique opportunity to revive rail access.

    Overview

    Located at 48 and 96 Lombard Ave in West Barnstable, this expansive property offers a rare investment opportunity. The property totals over 10 acres and includes 8 buildings. Building 1 houses the Barnstable Farm & Pet store, contributing to the property’s income. Buildings 2 and 3 are vacant spaces within the front buildings, presenting an opportunity for additional income through new tenants. Building 4 is leased by a marine servicing company, contributing to the property’s income. Buildings 5 through 8 consist of newer constructions, currently occupied by Beacon Building Products. This established company serves Cape Cod contractors with residential roofing, siding, and accessories, making up over 50% of the property’s overall revenue. The expansive lot allows for outside boat storage, opening avenues for supplemental revenue streams. The property at 96 Lombard Road is adjacent to the Cape Cod Central Railroad track, utilized by Mass Coastal, a freight line. Evidence suggests the presence of a railroad switch, historically facilitating train access to the premises of 48 and 96 Lombard Ave, culminating at a designated platform near building 1. While disused for decades, the potential to revive this track presents an opportunity for enhanced shipping and delivery convenience for property occupants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Depot St Nursery Big Box & Wholesale Store Barnstable Farm & Pet Pet Store & Service Marina w Cesar ... Veterinary Clinic

    Suggested Use

    Restaurant Spa & Massage Center Real Estate Agency Hotel & Motel Building Supply Nail Salon Food Market Accounting Firm HVAC Service Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Barnstable
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.3768105
    Latitude
    41.7064924

    FAQs

    What type of property is this?
    Mixed-use property - Over 10 acres with 8 buildings in West Barnstable.
    Where is this mixed-use property located?
    The property is located at 48 Lombard Ave Barnstable, MA.
    What is the asking price?
    The asking price for this property is $5,499,000.
    What are key features of this property?
    This property features: Substantial Income Generation: Established tenants like Barnstable Farm & Pet and Beacon Building Products contribute over 50% of revenue.; Expansive 10+ Acre Lot: Ample space allows for various uses, including outside boat storage, creating additional revenue streams.; Multiple Buildings: Includes 8 buildings, offering a diverse range of current and potential uses.
    (508) 862-9000 Call to check price and availability
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