Property profile

4100 State Hwy Eastham, MA 02642

FOR SALE
Turn key restaurants
Property ID
US38-0516383
8,505 SF 3.4 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is an 8,505-square-foot commercial building located on Route 6 in Eastham, situated on a 3.4-acre lot. It is positioned with two curb cuts onto Route 6 and includes a large parking lot designed to accommodate up to 64 vehicles. The building is configured as multiple units (two to five units) and includes a left-side tenant space operated as a 149-seat restaurant, with a 2,000-square-foot commercial kitchen and basement storage, as well as a right-side retail space used as an art gallery. The retail/gallery area features high vaulted ceilings, a brick fireplace, and pumpkin pine wood flooring, along with basement space suitable for storage. Outdoor seating is provided near a private pond. The property is zoned Transition Commercial (TC), which permits a range of uses including restaurants, retail spaces, and office spaces.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1968
Construction FRAME
Total area 8,505 SF
Lot 3.4 ac (147,973 SF)
Zoning code RETAIL
APN EAST M:0008 L:0133
UPID US38-0516383

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
  • Take-out & Catering Catering Service
  • Art Gallery
  • Restaurant
  • Art Gallery

Location

4100 State Hwy Eastham, MA 02642
Eastham metro Census 10306 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$965k

Owner & transaction history

since 2021
Last sale
$1.0M
4 recorded transactions
2021
$1.0M
2021
Price N/A
2012
$840,000
1993
Price N/A

Zoning & alternative use

RETAIL · Eastham, MA

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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More about this property
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