$2,399,000 3,415 SF

697 Main St, Chatham, MA 02633
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A three-level wood-frame office building located at 697 Main Street in downtown Chatham, constructed in 1962 and zoned GB2. The first floor is finished with a reception area, waiting room, and five private offices. The second level includes six offices and a full bathroom. The lower level contains finished lounge space with two half bathrooms, provides utility access and access to an elevator mechanical room, and includes substantial unfinished storage suitable for operational use or future…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$4k

Tax billed · 2024

Assessed value$1.25M

Assessed land$713k

Assessed improvement$540k

Effective rate0.36%

Value estimate

· Oct 2026

$215k

$194k – $237k

CAP approach$1.18M

NOI build-up

Gross scheduled income$148k

Vacancy & credit loss−$30k

Operating expenses−$30k

NOI · 3.71% cap applied$89k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$1,047/SF

ZIP average, outlier-cleaned · 31 recorded sales of this use type

Observed band · Q1–Q3$250 – $2,002

Cap rate analysis

How does the asset earn?

3.71%

$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

GB2

The intent of GB2 district is to promote general commercial uses such as banks, marina or boatyard and business services etc

General categoryCOMMERCIAL

JurisdictionCHATHAM

Location intelligence

Which uses thrive at this corner?

Best fit: Building Supply

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Building Supply9.4

Convenience Store9.2

Dental Office9.2

697 Main St Chatham, MA 02633

County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 12 properties nearby

Address Sale price Sold Size

856 Main, Chatham, MA 02633-1822 $825,000 Oct 2020 2,015 SF

265 Orleans, Chatham, MA 02633 $130,000 Apr 2020 1,340 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
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Value Estimation
$590,000

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938 Main St

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Value Estimation
$885,000

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856 Main St

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856 Main St, Chatham, MA 02633-1822

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New

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697 Main St Chatham, MA 02633

Property summary