Cape Cod Foreclosures – All Property Types

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Median Sale Price and Median Mortgage Comparison

Source: Barnstable County Registry of Deeds January 2011 According to data compiled by John F. Meade, Barnstable County Register of Deeds, 348 deeds  with stated sales values above $50,000 were recorded at the Barnstable Registry of Deeds in January 2011. The stated consideration in the 348 deeds totaled $147,109,151 and the median sale price was $301,500.… [Continue Reading]

2010 CRE Transaction Volume – Cape Cod, MA

Source:  Joseph P. Egan & Associates Copyright 2011 As depicted in the following charts, commercial real estate transaction volume in Barnstable County, MA  increased modestly in 2010 with arms-length transactions outpacing the 2009 level. In 2009 and 2010 in particular, conveyances involving distressed commercial properties of all forms continued on an upward trend. In 2010,… [Continue Reading]

Bed and Breakfast Sector Seen Awakening From Year Long Slumber

B&Bchart

In 2009, the bed and breakfast sector on Cape Cod was in a deep sleep with lots of tossing and turning. Based on year-to-date sales activity in 2010, however, the grogginess is fading and this sector like a sleep deprived teenager is now showing clear signs of awakening.

Nantucket Commercial Property Changes Hands

35 center st nantucket

Nantucket, MA- A two-story commercial property located at 35 Center Street sold in February 2010 for $1.4 million to Center of Town LLC. The 1,800 square foot structure on a .04 acre lot offers retail space on the ground level and offices on upper level. The wood frame building was built in the late 1800′s and is located in the Nantucket Core… [Continue Reading]

WGBH Purchases Historic Davis House, Renovation Planned

Davis House, Woods Hole, MA

WOODS HOLE – In mid December 2009, public service broadcaster WGBH purchased the historic Davis House at 3 Water Street in Woods Hole from fellow nonprofit the Children’s School of Science. The move will enable WCAI to continue its radio operations there, and give new life to the 164-year-old building.

Market Snapshot: Woods Hole, MA

Woods Hole MA

Nestled in the extreme southwest portion of Barnstable County, MA within the Town of Falmouth, the village of Woods Hole is argueably the most diverse, enduring and unique of all the many business districts located on Cape Cod. Just ask anyone with a connection to Woods Hole and they will proudly tell you that’s just the way it is and how they have liked… [Continue Reading]

Self Storage Facilities Under New Ownership

33 Village Common Dr Falmouth 3

FALMOUTH, MA — Storage Opportunity Partners LLC and Storage Pros Self Storage acquired self storage facilities in Falmouth and Fairhaven, MA in mid-August. The Falmouth facility, formerly operated under the Uncle Bob’s brand, is located between East Falmouth Highway and Village Common Drive. The property has 79,495 rentable square feet in five two-story buildings. Among… [Continue Reading]

Market Snapshot: Edgartown, MA

edgartown 072

Edgartown, MA- While most market areas are currently experiencing contraction and increasing distress, commercial property fundamentals in the small Down Island business district in Edgartown on Martha’s Vineyard, MA appear to be as favorable as the refreshing summer winds from nearby Edgartown Harbor. The sale of three retail condominium units acquired in early June 2009 provides some sense of the prevailing winds.  The three units are located at 4… [Continue Reading]

Lost Dog Pub Finds Second Home

coast-restaurant

ORLEANS, MA – Tom Davis, Richard Catania and Adam Bauer of Weichert Dunhill Commercial of Hyannis, MA brokered the sale of the restaurant formerly known as The Coast located at 63 Route 6A in Orleans, MA. Weichert Dunhill Commercial  represented both the buyer Andrew and Jane Murphy and the seller Gulf Coast LLC. The former… [Continue Reading]