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981 Route 28

South Yarmouth, MA 02664
  • $800
  • STATUS: Closed
  • ON SITE: 451 Days
  • MLS #: 22102796
Sold - 06/01/2022
$800
SOLD - 06/01/2022
  • 0
    BEDS
  • 0.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,739
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

Restaurant Opportunity on Cape Cod! Now available; a 3,739 square foot 78 seat restaurant, with a septic system in place for 112 seats and a sprinkler system. It is set on a .62 acre lot in the heart of busy Route 28 in South Yarmouth. Fantastic opportunity for someone to get into a restaurant for very little upfront cash. The building has been vacant for some time. Knowing that there will be work to do in the building prior to occupancy, the owner is willing to allow a new tenant to lease for below-market rent in exchange for tenant improvements. The owner is willing to discuss mutually beneficial options with qualified parties help a good tenant succeed. Offering a long-term lease with multiple options to renew, and/or possible lease with option to buy. Call for details.

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Cape Cod & Islands MLS logo © 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2022-08-16T14:25:37.767.
www.randatlantic.com/homes/117483490
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981 Route 28 South Yarmouth, MA 02664

  • Price: $1,000
  • Status: Closed
  • On Site: 451 Days
  • Updated: 63 min ago
  • MLS #: 22102796
0
Beds
0
Baths
0
½ Baths
0.62
Acres
3,739
SQFT
$0
$/SQFT
1950
Built
Neighborhood:
Yarmouth
County:
Barnstable
Area:
Yarmouth
School District:
Dennis-Yarmouth
Property Description
Restaurant Opportunity on Cape Cod! Now available; a 3,739 square foot 78 seat restaurant, with a septic system in place for 112 seats and a sprinkler system. It is set on a .62 acre lot in the heart of busy Route 28 in South Yarmouth. Fantastic opportunity for someone to get into a restaurant for very little upfront cash. The building has been vacant for some time. Knowing that there will be work to do in the building prior to occupancy, the owner is willing to allow a new tenant to lease for below-market rent in exchange for tenant improvements. The owner is willing to discuss mutually beneficial options with qualified parties help a good tenant succeed. Offering a long-term lease with multiple options to renew, and/or possible lease with option to buy. Call for details.
Exterior Features

Construction Materials StuccoPlasterSheet RockSee Remarks Exterior Features Curb CutsStorageRear EntranceSign Fencing Fenced Lot Features Near Golf CourseHouse Of WorshipMajor HighwayMedical FacilityPublic TennisSchoolShoppingClearedLevelSouth Of Route 28 Open Parking No Parking Features Parking LotDirt LotOff StreetPaved Lot Parking Total 60 Roof AsphaltPitched Water Front No Water View No

Interior Features

Appliances Electric Water HeaterWater Heater Basement No Basement1 Bulkhead AccessCape CodPartialCrawl Space Cooling True Cooling Features Central Air Flooring LaminateTile Garage No Heating Yes Heating Features Forced Air Window Features Display Window(S)

Property Features

Building Features Year Round Building Name Building Name: (Former) China Inn Business Type CommercialRetail Current Use Restaurant Existing Lease Type Nnn Flood Insurance Required Not Verified Flood Zone X Gas On Site Improvement Assessments 175500 Land Assessments 218700 Lead Paint Unknown Lease Amount Frequency Monthly Listing Terms Cash Other Assessments 15000 Property Type Restaurant Seasonal Year Round Seating Capacity 76 - 100 Security Fire Sprinkler System Sewer Septic TankSeptic Special List Conditions Standard Tax Annual Amount 3756.46 Tax Assessed Value 409200 Tax Book Number 27630 Tax Year 2022 Tenant Pays Triple Net Lease Water Source Public Zoning B2-Vc4

Cape Cod & Islands MLS logo Listing information © 2022 Cape Cod & Islands Multiple Listing Service, Inc.
Listing provided courtesy of Sharon K Dixon of Kinlin Grover Compass - Commercial.


Cape Cod & Islands MLS logo © 2022 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2022-08-16T14:25:37.767.
 
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