Financial
Distress signals
Property profile

859 Main St Chatham, MA 02633

FOR SALE
Gas stations
Property ID
US38-0599598
1,920 SF 0.63 ac lot Built 1994
Last sale Jun 2021 · $815,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is a freestanding commercial restaurant building (real estate only) with approximately 1,920+/- square feet on a 0.63-acre parcel. The property is located on Main Street in downtown Chatham and was described as well-maintained with recent updates. The building has municipal sewer service and is configured for restaurant use, with a parking area providing 32 on-site spaces for customer and employee access. The site is fully leased under a long-term lease structure to CODO Mexican Kitchen.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$877k
Assessed land$597k
Assessed improvement$281k
Effective rate0.36%

Value estimate

· Sep 2026
$780k
$702k – $858k
AI approach$765k
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 1.08% cap applied$30k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
1.08%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB3
The purpose of GB3 district is to promote general commercial uses such as banks, marina or boatyard and business services etc
General categoryCOMMERCIAL
JurisdictionCHATHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop10.0
Building Supply9.6
Dental Office9.5

Location

859 Main St Chatham, MA 02633
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 10 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
678 Main, Chatham, MA 02633-1825 $5,161,138 May 2023 3,748 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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