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000 Scenic Hwy

Bourne, MA 02532
  • $1,890,000
  • STATUS: Under Agreement
  • MLS #: 73215445
Pending
$1,890,000
  • 0
    BEDS
  • 2.97
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1932
County:

School Ratings & Info

Listing courtesy of Ronnie Armany of Ronnie Armany.

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-19T20:01:05.487.
www.welchmanrealestate.com/homes/148811822
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000 Scenic Hwy Bourne, MA 02532

  • Price: $1,890,000
  • Status: Under Agreement
  • On Site: Days
  • MLS #: 73215445
0
Beds
0
Baths
0
½ Baths
2.97
Acres
1932
Built
County:
Barnstable
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.
Exterior Features

Parking Total 40 Roof Asphalt/Composition Shingles Waterfront YN No

Property Features

Association YN No Business Type 5+ Residential Buyer Agency Compensation 3 Disclosures This fully operational motel with lots of room to grow is being run on seasonal basis. You can rent cabins all seasons and the house to generate $15k+ a month. This property is perfect for owner operator or the savvy investor that has a good team that knows what they are doing. Easy to operate. Existing Lease Type Other (See Remarks) Home Warranty YN No Senior Community YN No Tax Annual Amount 6502 Tax Year 2023 Transaction Broker Compensation 2 Utilities Public WaterPrivate Sewer Zoning Mixed use

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Ronnie Armany of Ronnie Armany: 508-840-5994.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-19T20:01:05.487.
 
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Welchman Real Estate Group | Lila Delman Compass
29 Meetinghouse Lane
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Listing courtesy of Ronnie Armany of Ronnie Armany.