48 Lombard Ave Barnstable, MA 02668

Property Details for 48 Lombard Ave

Lot size

2.00 lot acres

Zone code

WBVBD;

Property type

Commercial real estate

APN

BARN M:155 L:048A00

APU

BARNM155L048A00

Description

This exceptional investment opportunity in West Barnstable, MA, presents a unique blend of commercial and agricultural land spanning over 10.34 acres. The property comprises eight buildings, currently generating substantial income from a diverse range of tenants. Building 1 houses a thriving Barnstable Farm & Pet store, while Building 4 is leased to a reputable marine servicing company. Buildings 5 through 8 are occupied by Beacon Building Products, a significant contributor to the property's revenue, accounting for over 50% of the overall income. Buildings 2 and 3 offer vacant spaces with high potential for additional rental income. The property's zoning permits both commercial and agricultural uses. Secured leases provide a stable income stream, further enhanced by the potential for supplemental revenue from outside boat storage on the expansive lot. A notable feature is the property's adjacency to the Cape Cod Central Railroad track, with evidence suggesting a historical rail switch, offering intriguing possibilities for future logistical improvements. The asking price for this lucrative investment is $5,499,000. This property is located at 48 & 96 Lombard Ave, Barnstable, MA 02668. The property's history, modern utility, and diverse income streams make it an attractive proposition for investors seeking a stable return or businesses aiming for a strategic presence in West Barnstable.

Location Insight

City

West Barnstable

County

Barnstable

State

Massachusetts

Longitude

-70.3766

Latitude

41.7067

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments