Property profile

981 Ma-28 South Yarmouth, MA 02664

FOR SALE
Turn key restaurants
Property ID
US38-1533295
3,739 SF 0.62 ac lot Built 1950
Entity Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a restaurant building containing seating for 78 occupants, including 62 seats in a dining room and 16 seats at a bar. The septic system is designed for up to 112 seats, and the building is equipped with a sprinkler system. The structure has an approximately 3,739-square-foot building size and is sited on a 0.62-acre lot. It is zoned for B2 commercial use and VC4, and it lies within the Hotel/Motel overlay district and an Economic Opportunity Zone. The property has historically been used as a restaurant and is configured for that use, with the facility requiring repairs and upgrades.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction FRAME
Total area 3,739 SF
Lot 0.62 ac (27,007 SF)
APN YARM M:0042 B:00043 L:0000
UPID US38-1533295

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

981 Ma-28 South Yarmouth, MA 02664
South Yarmouth metro Census 12002 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2013
1 recorded transaction
2013
$380,000

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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