Technical
Financial
Distress signals
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
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1547 Main St, Chatham, MA 02633 For Sale
$2,350,000 5,547 SF
1547 Main St, Chatham, MA 02633
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Property summary

AI-generated overview

The property is a renovated multi-unit housing complex located on Main Street in Chatham, approved for 33 beds and containing 12 residential units within approximately 5,547 square feet. The configuration includes 10 individual room units, each with a private bath, kitchenette, and dedicated heating and cooling, plus a main house with four bedrooms, three bathrooms, and a full kitchen, and an attached two-bedroom apartment with its own kitchen and bath. The site is connected to town sewer service and is located on the Route 28 bus line, with common laundry facilities provided in a shared laundry room that includes three coin-operated washer and dryer sets. Renovations completed in 2026 included updates to flooring, plumbing, electrical systems, siding, paint, roof, and landscaping.

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
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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
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