Building Details

Year Built 1850

Listing Agency: Lamacchia Realty, Inc.

Listed By: James Andrea Show Phone

Source: Capecodtoday

Added: Nov 3 Last Checked: Nov 6 at 5:04AM

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Investment Insights

Based on property information with market context.

An operating restaurant, Brekkies, is part of this Wellfleet property. The site also contains the remains of a former function hall and event venue, which was destroyed by fire in 2023. Architectural plans show a possible reconstruction of the event space with residential units above; any such project remains subject to buyer verification and approvals.

The property is adjacent to the Copper Swan Inn and near Wellfleet Harbor, downtown shops and galleries, and Cape Cod National Seashore beaches.

Key Highlights

• Operating Brekkies restaurant on the property
• Former function hall and event venue was lost to fire in 2023
• Architectural plans depict a rebuilt event space with residential units above, subject to verification and approvals

Property Analytics

Current Use

The Copper Swan Hotel & Motel Copper Swan Hotel & Motel

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Pharmacy

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

248

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 02667, MA

3,309

Population

4,139

Households

0.8

Avg Household Size

60

Median Age

56%

College-Educated

99%

High-School Grad

16.9 sq mi

ZIP Area

196

Density / Sq Mi

$115,469

Median Household Income

$48,186

Median Earnings

$1,200

Median Rent

$760,000

Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Barnstable County, MA

$434 Jul

$473 Aug

$487 Sep

$503 Oct

Properties on Market for Conventional restaurants in Barnstable County

Jul

Aug

Sep

Oct

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - An operating restaurant occupies the site alongside a former event facility destroyed by fire.

Where is this conventional restaurant located?

The property is located at 70 W Main Street Wellfleet Wellfleet, MA.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: Operating Brekkies restaurant on the property; Former function hall and event venue was lost to fire in 2023; Architectural plans depict a rebuilt event space with residential units above, subject to verification and approvals