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872 Route 28

Harwich, MA 02645

$1,299,000

Hospitality For Sale  •  8,685 Sq Ft

Property Details

  • Property Type Hospitality
  • Total Building Size 8,685 Sq Ft
  • Year Built 1965

Description

Known as the former Stone Horse Motel, this is an excellent development opportunity on 2.61 acres in Harwich, Cape Cod. Currently, there are 4 buildings on the property for a total of 21 units; there is one office space and the other units are a mix of one bedroom apartments and single rooms with baths. These could be renovated or replaced. In 2012 there was a fire in the largest unit; this building has since been razed. There are plans available for 20 residential condominium units (seven 1BR, twelve 2BR & one studio apt) - will have to reapply for permits.  CH-1 zoning allows many uses - buyers please check with town. Great offering!

Financial Summary (Actual)

Nat Santoro, CCIM 508-240-0334 Kinlin Grover Commercial
Nat Santoro, CCIM 508-240-0334 Kinlin Grover Commercial