882 Main StDennis, MA 02670

  • Retail properties
  • 5,207 SF
For Sale
$175,000 View listing

Property Details for 882 Main St

Year built
1996
Construction
FRAME
Lot size
0.32 AC
Property size (Sq ft)
5,207 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
DENN M:000084 P:041-000
APU
DENNM000084P041000

Description

This thriving, year-round deli located at 882 Main Street in West Dennis, Massachusetts, presents a unique investment opportunity. The property, built in 1996, boasts 5,207 square feet of space situated on a 13,939 square foot lot. Its prime location on Route 28 ensures high visibility and ample parking for customers. The business is known for its commitment to using locally sourced ingredients, contributing to its strong and loyal customer base. This turnkey operation is offered at an asking price of $175,000 and includes all necessary equipment and fixtures for immediate operation. The sale includes the business only; the real estate is not included in this offering. This established deli represents a rare chance to acquire a profitable and well-regarded business in a desirable location. The business enjoys a strong reputation within the community and benefits from significant foot traffic and visibility. This is an exceptional opportunity for an entrepreneur seeking a proven business model in a thriving market. Don't miss this chance to own a piece of West Dennis's culinary landscape.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,415,060
    6.5%
    $1,306,210
    7%
    $1,212,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,714,474
    Geo Method
    $1,714,474
  • Alternative Use

    Use
    Valuation
    Residential
    $1,101,837
    Hospitality
    $1,009,276
    Educational
    $839,706
    Medical
    $868,585
    Retail
    $1,306,210
882 Main St, Dennis, Massachusetts

Location Insight

City
Dennis
County
Barnstable
State
Massachusetts
Latitude
41.6681
Longitude
-70.1503
CBSA code
12700
CBSA name
BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,559
$301,100
$509,600
$810,700
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-
-
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