5030 State Hwy Eastham, MA 02642
- Investment properties
- 2,442 SF
- 0.22 lot acres
Current Use by Public Records
- Investment properties
Property Details for 5030 State Hwy
- Year built
- 1890
- Construction
- FRAME
- Lot size
- 0.22 lot acres
- Property size
- 2,442 SF
- Zone code
- RES &
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- EAST M:0005 L:0119
- APU
- EASTM0005L0119
Description
This exceptional commercial property, situated on the corner of State Highway (Route 6) and Railroad Ave in Eastham, MA, presents a unique investment opportunity. Boasting a highly visible location, this 0.22-acre lot benefits from substantial daily traffic exposure, ensuring maximum visibility for any business. The property includes an established chocolate cafe, complete with a full-size commercial kitchen, offering a turnkey operation with significant upside potential. The cafe's current offerings include creamy chocolate truffles, rich fudge, and fruity gummies, catering to the high summer tourist traffic and local residents alike. The property's proximity to Nauset Regional High School, Nauset Light Beach, and the Cape Cod Rail Trail further enhances its appeal. Above the cafe is a well-maintained one-bedroom apartment featuring granite countertops and in-unit laundry. This apartment provides additional income potential through rental, or convenient living space for the business owner. The property's strategic location near busy motels and its year-round visibility make it an ideal investment for entrepreneurs seeking a thriving business venture with residential convenience. The asking price is $950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastham
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -69.9846
- Latitude
- 41.864
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA