Technical
Financial
Distress signals
Property profile

359 Main St Chatham, MA 02633

OFF-MARKET
Hotels
Property ID
US38-0320947
10,624 SF 0.96 ac lot Built 1830
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL-RESORT
Year built 1830
Construction FRAME
Total area 10,624 SF
Lot 0.96 ac (41,903 SF)
Zoning code GB1
APN CHAT M:16C B:0083 L:67
UPID US38-0320947

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
  • Restaurant
  • Hotel & Motel Bed & Breakfast
  • Hotel & Motel Bed & Breakfast

Location

359 Main St Chatham, MA 02633-2425
Chatham metro Census 10700 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$13.18M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.18M

Owner & transaction history

since 2024
Last sale
$13.2M
7 recorded transactions
2024
$13.2M
2022
Price N/A
2017
Price N/A
2015
$4.1M
2013
Price N/A
2013
$3.1M
2006
Price N/A

Zoning & alternative use

GB1 · Chatham, MA
Zoning description

automobiles accessory to and abutting a use or uses lawfully established in the GB1 or GB2 Zoning District. Such parking facilities are not to be used for sales, repair work or servicing of any kind, and no advertising s…

General category COMMERCIAL
Top alternative use upside
Office building $11.1M +219.0%

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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