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Property profile & analytics
FOR LEASE
Investment properties

450 Main St Chatham, MA 02633

7,396 SF 0.26 ac lot Built 1960
Individually Owned ~ Est. High Equity
Property ID
US38-2349027
Property summary
AI-generated overview

This exceptional investment opportunity in Chatham, MA, presents a thriving retail business coupled with a valuable real estate asset. Located at 450 Main Street, this property boasts a charming storefront with ample display space, creating a welcoming shopping environment. The business, renowned for its curated selection of fine gifts, furniture, and home accessories sourced from local artisans, has cultivated a strong reputation over its 64-year history. Its prime location, just half a mile from the Chatham Lighthouse and the Atlantic Ocean, ensures high visibility and foot traffic. Adding significant value, the property also includes five one-bedroom apartments currently available for lease, representing a lucrative income stream in a competitive rental market. The 0.26-acre lot provides ample space for the existing business and rental units. This unique offering combines the established success of a long-standing retail enterprise with the potential for substantial rental income, making it an attractive investment opportunity in a desirable coastal location. The property's strong community ties and diverse product range contribute to its enduring appeal and profitability. This is a rare chance to acquire a well-established business and valuable real estate in one of Cape Cod's most sought-after towns. The asking price is $4,498,000.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1960
Construction FRAME
Total area 7,396 SF
Lot 0.26 ac (11,514 SF)
Zoning code GB2
APN CHAT M:15D B:0050 L:91
UPID US38-2349027
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tale of the Cod (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chatham Main RT
Chatham Main RT
since 2025
Last sale
$3.4M
3 recorded transactions
2025
$3.4M
2020
Price N/A
1991
Price N/A
Zoning & alternative use
GB2 · Chatham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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