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    231 Crowell Rd Chatham, MA 02633

    Sponsored
    For Sale
    $1,995,000

    Multi-use property, 2 buildings, 21,780 sq ft lot.

    Property size:
    2,586 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Exceptional commercial opportunity in Chatham, MA, priced at $1,995,000. This property features two buildings situated on a spacious 21,780 square foot lot. The first building, constructed in 1995, offers 948 square feet of space, including a full bath, office, full basement, two gas heaters, and a Viessman hot water heater. The second building, built in 2003, provides 1,638 square feet with two bays and a carport. The first floor of the second building is equipped with a gas heater, while the second floor is ready for finishing, presenting significant potential for expansion or customization. The property is zoned GB3, allowing for a variety of permitted uses as detailed in the provided documents, including the GB3 standard permitted uses section 3.4 and Appendix 1 "Schedule of Use Regulations." Floor plans and a septic site plan are available for review. Previous uses include a builder's workshop and storage for automobiles, boats, and vintage motorcycles. The property includes owned solar panels. Total square footage is 2,586. All information should be independently verified. This unique property presents a compelling investment opportunity with diverse possibilities.

    Property Features for 231 Crowell Rd

    General Information

    Property type
    Specialty properties
    Square Feet
    2,586 SF

    Building Details

    Year Built
    1995

    HighLights

    • $1,995,000 asking price.
    • 2,586 square foot Special Purpose property.
    • Located at 231 Crowell Road, Chatham, MA 02633, on a 21,780 square foot lot.
    • Built in 1995 (main building), with a 1,638 sq ft addition built in 2003.
    • Features two buildings: a 948 sq ft building with office, full bath, and full basement; and a 1,638 sq ft building with two bays and a carport.
    • Zoned GB3; previously used as a builder's workshop and storage for vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chatham
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.9663606
    Latitude
    41.6912711

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    FAQs

    What type of property is this?
    Specialty property - Multi-use property, 2 buildings, 21,780 sq ft lot.
    Where is this specialty property located?
    The property is located at 231 Crowell Rd Chatham, MA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price.; 2,586 square foot Special Purpose property.; Located at 231 Crowell Road, Chatham, MA 02633, on a 21,780 square foot lot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    231 Crowell Rd Chatham, MA 02633
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