Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Investment properties

    20 Bank St, Wellfleet, MA 02667

    3,119 SF 0.26 ac lot Built 1945
    Individually Owned 28-yr Hold ~ Est. High Equity
    Property ID
    US38-1371233
    Property summary
    AI-generated overview

    This captivating 0.26-acre property at 20 Bank Street, Wellfleet, MA, presents a unique investment opportunity. Originally built in 1946 as the Orchard Grille, it later became the renowned Blue Heron Gallery in 1978. The building is zoned for both multi-use commercial and residential purposes, offering exceptional flexibility for the new owner. Currently operating as an art gallery, the property boasts significant character and charm, ready for immediate use or creative transformation. The interior offers the potential for a comfortable residential conversion, including two bedrooms, allowing for a blend of work and living space. Imagine waking up to breathtaking harbor views, a truly idyllic setting. The property has been meticulously maintained, showcasing pride of ownership. Recent improvements include a newer roof, updated landscaping, modern windows, and Azek trim, ensuring the property is in excellent condition. Priced at $1,350,000, this property represents a chance to own a piece of Wellfleet's rich history and create a unique and profitable venture. The property's location just off Main Street provides excellent visibility and accessibility. Don't miss this rare opportunity to acquire a versatile and historically significant property in the desirable town of Wellfleet.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1945
    Construction FRAME
    Total area 3,119 SF
    Lot 0.26 ac (11,326 SF)
    Zoning code CENTRA
    APN WELL M:015.0 B:0085 L:0000.0
    UPID US38-1371233
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Blue Heron Gallery Art Gallery
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $670k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $605k
    Owner & transaction history
    Royal C Thurston 3rd · 28 yrs held
    Royal C Thurston 3rd
    since 1998
    3 recorded transactions
    2004
    1998
    $350,000
    1998
    Zoning & alternative use
    CENTRA · Wellfleet, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    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