Bourne, MA 02532,223 Main St
Bourne, MA 02532,223 Main St
Bourne, MA 02532,223 Main St
$1,800,000
Est. payment /mo
$2,000,000
10.0%
Est.Price: ?

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2.99 Acres Lot
SOLD DATE : 09/30/2024

Key Details

Sold Price $1,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73218778

Sold Date 09/30/24

HOA Y/N false

Year Built 1920

Annual Tax Amount $7,791

Tax Year 2021

Lot Size 2.990 Acres

Acres 2.99

Property Description

Mixed-Use redevelopment opportunity in the center of downtown Buzzards Bay which includes 193 feet of frontage, 2 curb cuts, 2 water and sewer connections, and 2.99 acres with developable upland outside of the flood zone. The current business on the property, known as the Bay Motor Inn, is still in good condition to be used as seasonal lodging. Includes 14 building structures; 16 motel units (1-2 beds each), main house/office, and barn. Building designs were created by Bracken Engineering to construct 72 condo/apartment units and 2,100 sq ft of commercial space. The units would be 1-3 bedrooms totaling 108 bedrooms. The parcel lies within the Growth Incentive Zone which provides developers incentives, exemptions, and faster permitting processes than other towns. Bracken Engineering has already gone before the Planning Board for a Preliminary Wastewater Allocation Review. The property was approved for 11,985 GPD on 7/28/20, and a large fee was given to reserve allocation for this dev

Location

State MA

County Barnstable

Zoning DTC

Direction Drive down MA-25 E, take exit 10, at the traffic circle exit onto Main St, property is on the right

Exterior

Total Parking Spaces 30

Others

Senior Community false

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Listed by RE/MAX Platinum
Bought with Non Member • Non Member Office

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Eric Chauvin

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