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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
Waterfront false
Total Parking Spaces 30
Others
Senior Community false
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Bought with Non Member • Non Member Office
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Jim Armstrong
Team Leader/Broker Associate | License ID: 9074205
Team Leader/Broker Associate License ID: 9074205