981 MA-28 South Yarmouth, MA ^$ 499,000

981 MA-28

^$ 499,000

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981 MA-28

South Yarmouth, MA, 02664

^$ 499,000

Studio Baths0.0 Sq 3,739

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in South Yarmouth, MA

for $499,000. This 3,739 square foot building was built in 1950 on a lot size of 0.62.

Cape Cod Restaurant for sale: A 78 seat restaurant with 62 seats in the dining room and 16 in the bar. Septic is for 112 seats. Sprinkler system in place. This .62 acre property is in the B2 commercial zone, VC4 & the Hotel/Motel overlay district, as well as in the Economic Opportunity Zone. This is a great opportunity in a very busy year round area of Cape Cod. Restaurant has been vacant and needs repairs/upgrades. Owner may consider a lease/purchase for a qualified buyer. Call for details.

Commercial Pending

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,756

Style

Restaurant

Lot Size

0.62

Year Built

1950

Town/City

South Yarmouth

County/Region

Barnstable

MLS | Web ID

22104449

Features

General

Sewer Septic Tank Septic

Heating Forced Air

Cooling Central Air

Roof Asphalt Pitched

Appliances Electric Water Heater Water Heater

Exterior Features Curb Cuts Storage Rear Entrance Sign

Zoning B2-VC4

Gas Y/N On Site

Security Features Fire Sprinkler System

Construction Materials Stucco Plaster Sheet Rock See Remarks

Year Built 1950

Tenant Pays Triple Net Lease

Stories 1

Township Yarmouth

Property SubType Restaurant

Tax Year 2022

Current Use Restaurant

Business Type Commercial Retail

Building Name Building Name: (Former) China Inn

County Barnstable

Property Type Commercial Sale

HOA / Comm Assn No

Garage Y/N No

Building Features Year Round

Status Pending

Directions Route 28 South Yarmouth near the interscection of Long Pond Drive and Route 28.

City South Yarmouth

High School District Dennis-Yarmouth

Total Units 1

Lot Size Square Feet 27007

Waterfront Y/N No

Street Name MA-28

Tax Annual Amount 3756.46

Days on Market 247

Building Area Units Square Feet

Standard Status Pending

Middle/Junior School District Dennis-Yarmouth

Elementary School District Dennis-Yarmouth

Tax Assessed Value 409200

Waterview Y/N No

Interior

Basement Bulkhead Access Cape Cod Partial Crawl Space

Flooring Laminate Tile

Air Conditioning Y/N Yes

Heating Y/N Yes

Window Features Display Window(s)

Fireplace Y/N No

Below Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

Exterior

Fencing Fenced

Parking Features Parking Lot Dirt Lot Off Street Paved Lot

Lot Features Near Golf Course House of Worship In Town Location Major Highway Medical Facility Public Tennis School Shopping Cleared Level South of Route 28

Water Source Public

Total Parking 60

Lot Size Area 0.62

Number of Buildings 1

Building Area Total 3739

Lot Size Acres 0.62

Lot Size Units Acres

Lot Size Source Field Card

Open Parking Y/N No

* Excluded Features

List By

Nat S Santoro

Listing Agent

Kinlin Grover Compass - Commercial

Broker

nat.santoro@compass.com

Affordability Calculator

$3,799

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in South Yarmouth, MA

Average List Price ^$921,803

Percent of Sale Price 85%

About South Yarmouth, MA

9,235 Population

-5% Since 2002

^$53,620 Median Income

52.46 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1411641 Elementary School

1411591 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/29/2021	$499,000	-11.68%	Price Down
7/28/2021	$565,000		Listed Price

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981 MA-28, South Yarmouth, MA, 02664 is a Commercial Property for sale at $499,000 with 3,739 sqft and a lot size of 0.62. 981 MA-28 is a studio with 0.0 baths and was built in 1950. The property's zip code is 02664 which is in South Yarmouth, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker company. Neither the listing company nor Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024. All properties are subject to prior sale, changes, or withdrawal.

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981 MA-28

Commercial Property for sale in South Yarmouth, MA

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