Beachfront Multifamily Redevelopment
For Sale
Contact for pricing
706 Shore Road UNIT 706, Truro, MA 02666
Beachfront condominium campus with established ownership structure and multiple redevelopment or seasonal lodging pathways, subject to approvals.
Property Size12,885 SF
Price / SF$1,164
Days on Market15
Property Features for 706 Shore Road UNIT 706
General Information
Standard status
Active
Size
12,885 SF
Property subtype
Mixed Use, Special Purpose
Additional Details
Asking Price
$14,999,000
Multifamily Units
25
Building Details
Year Built
2006
Buildings
2
Stories
2
Listing Agency:
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed By:
Kevin Pepe
Source:
Crexi
Added: Aug 6
Changed: Aug 14
Last Checked: Aug 20 at 12:15PM
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.
Investment Insights
Based on property information with market context.
This multifamily property comprises Buildings 3 and 4 within a 2.30-acre beachfront condominium campus at 706 Shore Road in Truro, immediately south of the Provincetown town line. The offering includes 25 fee-simple condominium units totaling approximately 12,885 square feet, with the condominium structure already in place.
Approximately 40% of the units have been rebuilt since 2019, while other units have undergone substantial renovation. Building 4 remains largely in its original condition, providing the primary component for further redevelopment or renovation. Potential operating directions identified for the property include phased condominium redevelopment, multifamily use, or continued seasonal lodging, subject to required approvals.
Approximately 40% of the units have been rebuilt since 2019, while other units have undergone substantial renovation. Building 4 remains largely in its original condition, providing the primary component for further redevelopment or renovation. Potential operating directions identified for the property include phased condominium redevelopment, multifamily use, or continued seasonal lodging, subject to required approvals.
Key Highlights
- 25 fee‑simple condominium units totaling approximately 12,885 square feet
- 2.30‑acre beachfront campus at 706 Shore Road, Truro
- Established condominium structure already in place
Property Analytics
Property Profile
Current Use
Lease Details
25
Residential units
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 02666, MA
1,052
Population
1,588
Households
0.7
Avg Household Size
60
Median Age
74%
College-Educated
96%
High-School Grad
12.6 sq mi
ZIP Area
83
Density / Sq Mi
$111,344
Median Household Income
$670,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Beachfront condominium campus with established ownership structure and multiple redevelopment or seasonal lodging pathways, subject to approvals.
Where is this multifamily property located?
The property is located at 706 Shore Road UNIT 706 Truro, MA.
What is the asking price?
The asking price for this property is $14,999,000.
What are key features of this property?
This property features: 25 fee‑simple condominium units totaling approximately 12,885 square feet; 2.30‑acre beachfront campus at 706 Shore Road, Truro; Established condominium structure already in place
