Bourne, MA 02532,000 Scenic Hwy
Bourne, MA 02532,000 Scenic Hwy
Bourne, MA 02532,000 Scenic Hwy
$1,800,000
Est. payment /mo
$1,890,000
4.8%
Est.Price: ?

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2.97 Acres Lot
SOLD DATE : 05/03/2024

Key Details

Sold Price $1,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73215445

Sold Date 05/03/24

HOA Y/N false

Year Built 1932

Annual Tax Amount $6,502

Tax Year 2023

Lot Size 2.970 Acres

Acres 2.97

Property Description

This 10-unit Motel, 7 individual cabins and 4 bedroom home has been upgraded in every way since the current owners purchased it 3 years ago and is priced for a quick sale and quick closing. This is a goldmine with the right people running it. Potential gross income can easily top $660,000 and net income of $330,000 per year if run by professionals. This iconic motel is located right across the famous cape cod canal. The improvements, both inside & out, have been extensive. The motel and the cabins serves clients from all New England and the world. This property is at the Gateway to the Cape Cod National Seashore and close to all world renowned cape beaches on both the bay & oceanside. Restaurants and shops are nearby as well as the Cape Cod Rail Trail. With a great location & a quality guest experience, the sellers have been successful, but with a true professional team running the whole property you can do way better. This has been a popular spot for vacationers for many years.

Location

State MA

County Barnstable

Zoning Mixed use

Direction Route 6 between the Sagamore bridge and Bourn Bridge

Exterior

Utilities Available Public Water, Private Sewer

Waterfront false

Roof Type Asphalt/Composition Shingles

Total Parking Spaces 40

Others

Senior Community false

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Listed by Ronnie Armany
Bought with Ronnie Armany • Ronnie Armany

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Eric Chauvin

+1(617) 448-0910

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