Property profile

343 Scenic Hwy Bourne, MA 02532

FOR LEASE
Investment properties
Property ID
US38-0918236
8,850 SF 1.93 ac lot Built 2007
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,800 square foot retail space presents a prime end-cap opportunity at 343 Scenic Highway in Bourne, Massachusetts. Located in Barnstable County, this storefront boasts a highly visible location with significant foot traffic potential. The entire space is currently vacant, offering a blank canvas for a discerning tenant to create their ideal retail environment. The property is classified as a retail space with multiple tenancy potential, making it suitable for a variety of businesses. With its convenient location and ample square footage, this property represents a rare opportunity to establish a thriving business in a desirable area. The address is 343 Scenic Highway, Bourne, MA 02532. The property's latitude and longitude coordinates are 41.7520126 and -70.593237 respectively. This is a fantastic chance to secure a prominent retail presence in a vibrant community. The property is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. Don't miss this chance to secure this exceptional retail space. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 2007
Construction FRAME
Total area 8,850 SF
Lot 1.93 ac (84,022 SF)
APN BOUR M:20.4 P:2
UPID US38-0918236

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gas Station
  • Cafe & Coffee Shop
  • Atm
  • Atm

Location

343 Scenic Hwy Bourne, MA 02532
Bourne metro Census 13700 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.90M
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.78M

Owner & transaction history

since 2005
7 recorded transactions
2019
Price N/A
2007
Price N/A
2005
$1.4M
2004
Price N/A
2001
Price N/A
1997
Price N/A
1995
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $2.2M +59.9%
Retail stores $2.0M +46.0%
Office building $2.0M +45.3%

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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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
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