429 Shore Rd Bourne, MA 02532
- Investment properties
- 7,864 SF
- 0.26 lot acres
Current Use by Public Records
- Investment properties
Property Details for 429 Shore Rd
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.26 lot acres
- Property size
- 7,864 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- BOUR M:30.4 P:104
- APU
- BOURM304P104
Description
This exceptional commercial property at 429 Shore Road in Monument Beach, Bourne, MA, presents a unique investment opportunity. Priced at $1,399,000, this expansive 13,545 square foot building offers significant potential for a variety of commercial uses. Built in 1900, the single-story structure boasts a spacious loft area, perfect for additional storage or creative workspace adaptation. The property sits on a sizable 0.26-acre lot (19,510 square feet), providing ample room for expansion or outdoor operations. Its VB zoning designation allows for a wide range of commercial activities, including retail, industrial, and warehouse uses. The property's location in the vibrant Monument Beach area offers excellent visibility and accessibility. This is an ideal opportunity for entrepreneurs seeking a versatile space to establish or expand their business, benefiting from the property's substantial size, flexible zoning, and desirable location. The building's age presents a chance for renovation and customization to perfectly suit a buyer's specific needs and vision. Don't miss this chance to acquire a significant commercial property in a thriving Massachusetts coastal community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $350,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $355,000
- Retail
- $310,000
- Mixed-Use
- $335,000
- Hospitality
- $335,000
- Educational
- $360,000
- Residential Income
- $405,000
- Energy
- $350,000
- Income-Based Land
- $320,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Bourne
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.6133
- Latitude
- 41.7196
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA