Property summary
This exceptional 11,630 square foot retail storefront in Yarmouth, MA, presents a compelling investment and redevelopment opportunity. Located on a 1.62-acre lot with 115+ parking spaces and multiple curb cuts, the property boasts 300 feet of road frontage. Currently configured as a multi-tenant retail building, the site is zoned VC2 Overlay, allowing for a higher residential density than the underlying zoning. Preliminary estimates suggest potential for up to 26 residential units based on the 16 units-per-acre allowance in the VCOD Bylaw. Further due diligence is recommended to fully assess development potential. The property includes a fire suppression system and benefits from a flat, level parcel ideal for redevelopment. Municipal sewer is projected to reach this location between 2025 and 2026. The site previously held permits for a large restaurant (300+ seats) and could also suit an end-user retail operation. Priced at $1,399,000 ($120.29/SF), this property offers significant upside for investors seeking a mixed-use or residential conversion project in a prime Yarmouth location. The property consists of two units.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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