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769 Route 28
South Yarmouth, MA 02664

Retail Property For Sale

Investment Highlights

  • The Moose Lodge would consider a lease back on a portion of the property.
  • Traffic Counts (Cape Cod Commission, 2017. Site 21271, Route 28 W of Long Pond Dr: Annual AD- 14,667, Summer AD- 19,312
  • The building offers a fire alarm system and a full fire sprinkler system.
  • The Hotel Motel Overlay District and the Village Centers Overlay District offer opportunities for growth and redevelopment.
  • Permitted currently for dining, bars, darts, functions and entertainment.
  • Ideal for a church, large restaurant, school, retail or other use that could benefit from the over-sized parking lot and septic system.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
11,630 SF
Building Class
C
Year Built/Renovated
1927/2010
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Lot Size
1.62 AC
Zoning
B-2, HMO1, VC-2 - Ability to build up to 26 units with redevelopment.
Parking
115 Spaces (9.89 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage
  • Air Conditioning

About 769 Route 28 , South Yarmouth, MA 02664

Property consists of a 10,167 sq. ft. structure, all on one level, on a 1.62 acre parcel of land at the corner of Route 28 and Seaview Avenue. The lot has approximately 300 ft in frontage on Route 28. There are curb cuts on both Route 28 and on Seaview Avenue. The lot is level upland with over 110 parking spaces. Presently, the property is owned and occupied by The Moose Lodge. The right (west) side has historically been used for functions, as a banquet hall. There are areas for playing darts, for music and dancing. The Moose Lodge is planning to relocate prior to the sale. The permit currently allows for 333 seats: 168 seats in the function room on the right (west side), 115 seats in the large bar dining room on the left (east side), and 32 in the middle bar/ dining area. There are two outdoor areas for patrons; one a is an outdoor dining (smoking) area in the front, and one is a fenced outdoor area on the east side where patrons can relax, play games, cook out, etc. There is a huge full kitchen in the middle. The Moose Lodge has a full, year-round liquor license and two bars. The attic houses some HVAC equipment. Property features a full fire sprinkler system and a fire alarm system and has an over-sized septic system with a 7000 gallon septic tank and a 2,000 gallon grease trap. This would be an ideal property for residential redevelopment, a school, church, restaurant or mixed use. Easy access to Mid-Cape Highway via Exit 7 or 8. Just down the street from the new 'Yarmouth Commons' housing complex with 69 residential units. While the kitchen equipment and furnishings are not part of the sale, the seller would consider including some of the items in the sale, or they may be purchased separately.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
YARM-000033-000034
Land Assessment
£373,847
Improvements Assessment
£612,712
Total Assessment
£986,559
  • Listing ID: 14728748

  • Date on Market: 28/12/2018

  • Last Updated:

  • Address: 769 Route 28, South Yarmouth, MA 02664

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