31 Main St Orleans, MA 02653-2414
- Retail space
- 1,272 SF
- 0.18 lot acres
Current Use by Public Records
- Vintage In Vogue / Vintage Clothing Store
Property Details for 31 Main St
- Year built
- 1930
- Construction
- FRAME
- Lot size
- 0.18 lot acres
- Property size
- 1,272 SF
- Zone code
- VILLAG
- Property type
- Retail space
- APN
- ORLE M:033.0 B:0064 L:0000.0
- APU
- ORLEM0330B0064L00000
Description
This exceptional special-purpose property at 31 Main Street, Orleans, MA, presents a unique investment opportunity. Boasting 1,272 square feet of space, this 1930-built building sits on a generous 7,841 square foot lot, offering ample parking. The property enjoys a highly desirable location in the heart of downtown Orleans, surrounded by a vibrant mix of restaurants and shops, and conveniently situated near the Cape Cod Rail Trail. Inside, you'll find a well-maintained structure with significant storage space, a spacious attic, and access to half of a full basement. The building is connected to town water and sewer, ensuring convenient and reliable utilities. The seller may offer financing assistance to a qualified buyer, making this an even more attractive proposition. This is a rare opportunity to acquire a well-located, versatile commercial building in a thriving Cape Cod community. Don't miss this chance to own a piece of Orleans' rich history and vibrant commercial landscape. The property's prime location and substantial lot size make it ideal for a variety of commercial uses. Its excellent condition and convenient amenities ensure a smooth transition for any new owner. This is a must-see property that won't remain on the market for long.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $795,000
- 6.5%
- $785,000
- 7%
- $835,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $955,000
- Geo Method
- $960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $960,000
- Retail
- $720,000
- Mixed-Use
- $925,000
- Hospitality
- $850,000
- Educational
- $915,000
- Residential Income
- $880,000
- Energy
- $960,000
- Income-Based Land
- $810,000
- Food Service
- $755,000
Location Insight
- Map
- Local Demand
- City
- Orleans
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -69.9925
- Latitude
- 41.7883
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA