This property is Off-Market

394 Pleasant Street
South Chatham, MA 02659 ·

24 Rooms · Hotel & Motel For Sale

N/A

Print

Hotel & Motel Property For Sale

Price N/A Property Sub-type Economy/Limited Service
No. Rooms 24 Property Use Type Investment
Building Size 65,340 SF Lot Size 1.50 AC
Property Type Hotel & Motel
Listing ID: 17329695 Date Created: 09/13/2011 Last Updated: 05/28/2013

Description

Investment / Redevelopment Overview

As exclusive agent, the CB Richard Ellis Hotels Team is pleased to present the opportunity to purchase a 24-room motel, located in the historic town of Chatham, Massachusetts (the Property or Hotel ).

Investment Highlights

" The +1.5 acre Property benefi ts from an irreplaceable ocean front location, beautiful 180 degree views of Monomoy Island, and roughly 120 feet of private beach frontage directly on Nantucket Sound.
" The re-development opportunity might include the possibility for multiple single-family homes, condominiums, or the renovation of the existing lodging facilities.
" The Parcel consists of four previously land courted lots and a ΒΌ acre of private sandy beach. The Property is currently zoned residential.
" Tiered landscape allows for spectacular panoramic views of Nantucket Sound

Location

" Premier waterfront location in one of Cape Cod' s most sought-after communities.
" Chatham (Barnstable County) enjoys an international reputation as a one of the most exclusive travel destinations and features a thriving secondary and rental home market.
" With its pristine beaches and scenic landscape, the Cape Cod and the Islands region is in a league with Bar Harbor, Maine and New York' s Hamptons, among the premier coastal destinations in the northeastern United States.
" With its close proximity to Boston, Cape Cod is a convenient, isolated escape whose reputation draws affluent visitors and summer residents from the full length of the Atlantic Seaboard.

Research

394 Pleasant Street, South Chatham, MA 02659 (Barnstable County)

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)