1698 Main Street

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1698 Main Street

Chatham, MA 02633
Asking Price
$3.50M
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property listed for sale in Chatham, Massachusetts.
  • The asking price for this asset is $3,500,000.
  • Located at 1698 Main Street within the Cape Cod region.
  • Property supports a range of commercial and residential use cases.
  • Positioned in a high-visibility area with strong regional tourism traffic.

What's Special

This mixed-use asset at 1698 Main Street in Chatham, Massachusetts, is available for purchase at $3,500,000. Situated in the heart of a popular coastal community, the property benefits from the year-round activity and seasonal tourism typical of the Cape Cod region. Chatham maintains a reputation for its historic charm and active business district, drawing consistent foot traffic throughout the year. The building provides flexible space, making it a viable candidate for a variety of commercial and residential applications. Investors and business owners can leverage the prominent street frontage to support storefront operations, professional offices, or long-term rental units. Its prime location within the submarket places occupants near established local amenities and major transport routes, ensuring continued visibility and accessibility. This site represents a strategic addition to a regional investment portfolio, offering potential for diverse income streams in a supply-constrained environment.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

Location & Travel Times