Property profile

1547 Main St Chatham, MA 02633

FOR SALE
Motels
Property ID
US38-0850359
5,547 SF 0.78 ac lot Built 1960
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard
1547 Main St, Chatham, MA 02633 For Sale
$2,350,000 5,547 SF
1547 Main St, Chatham, MA 02633
View Listing →

Property summary

AI-generated overview

Located in Chatham, Massachusetts, this commercial property is configured for employee housing and has historically served that function. The building contains 15 rooms, each with a private bathroom, providing a total capacity of 33 beds. The site is situated directly on the B-Bus route and includes a main building with a common kitchen and laundry facility. Most rooms are equipped with combination heat and air conditioning, and Unit 11 is a double room with its own kitchen. The exterior includes two enclosed outdoor showers. The property occupies a 0.78-acre lot and includes a 5,547-square-foot building.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1960
Construction FRAME
Total area 5,547 SF
Lot 0.78 ac (33,976 SF)
Zoning code GB3
APN CHAT M:09D B:0005 L:17
UPID US38-0850359

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1547 Main St Chatham, MA 02633
Chatham metro Census 10700 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2026
Last sale
$1.5M
7 recorded transactions
2026
$1.5M
2022
Price N/A
2008
$1.1M
2007
Price N/A
2007
Price N/A
2002
Price N/A
2000
Price N/A

Zoning & alternative use

GB3 · Chatham, MA
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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message