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Properties
Turn key restaurants
MA
Chatham
02633
1200 Main St

Property profile

1200 Main St Chatham, MA 02633

OFF-MARKET

Turn key restaurants

Property ID

US38-0681604

2,400 SF 0.47 ac lot Built 1969

Entity Owned 4-yr Hold Free & Clear

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The property is a commercial restaurant facility located on Main Street in Chatham, Massachusetts. It consists of approximately 2,400 square feet of space on a 0.47-acre lot and is arranged for full restaurant operations, including a well-equipped commercial kitchen sized for high-volume food preparation. The dining area provides seating for 87 guests, including 10 seats at a full-service bar. The layout supports both casual and higher-end dining use, with an operational restaurant configuration and prominent street frontage within the central Chatham business area. A seasonal liquor license was included as part of the operating setup, and the property is configured to support continued restaurant use.

Property type Turn key restaurants

Use group RESTAURANT

Year built 1969

Construction FRAME

Total area 2,400 SF

Lot 0.47 ac (20,436 SF)

Zoning code GB3

APN CHAT M:11E B:010A L:31A

UPID US38-0681604

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Restaurant

1200 Main St Chatham, MA 02633-1862

Chatham metro Census 10700 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

$520k

CAP Approach CAP

by Request

Comparable Approach Comparable

$603k

Blend (final) Blend

$510k

since 2022

Last sale

$600,000

2 recorded transactions

2022

Price N/A

2022

$600,000

Zoning description

ts For the purpose of this Bylaw, the Town of Chatham is divided into the following basic districts: Residential: R20, R20A, R30 (5/12/97 ATM), R40, R40A (5/16/01 ATM), R60 Small Business: SB General Business: GB1, GB2,…

General category COMMERCIAL

Top alternative use upside

Commercial (general) $700,000 +17.5%

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