Sold!
$1,800,000
2.97
Acres
-
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.
-
Highlights
- Acres: 2
- Property Class: Commercial Sale
- Status: Closed
- Parking Spots: 40
- Year Built: 1932
-
Additional Details
- Roof: Asphalt/Composition Shingles
- Zoning Description: Other (See Remarks)
- Zoning: Mixed use
-
Fees / Taxes
- Buyer Agent Compensation: 3%
- Tax Year: 2023
- Facilitator Compensation: 2%
- Taxes: $6,502
Similar Listings
Sold
41 Photos
Sold
9 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Ronnie Armany.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
