New Commercial Properties on Cape Cod

In Ancient History....
 
The Former Four Points Hotel,  Rt. 132 Hyannis.  Was the Sheraton at one time and then the Cape Codder.  Starwood Corp. a large Chicago REIT,  purchased the property from Thomas Flately in a package of hotels a few years ago.   - 261 Rooms with 20,000 SF in Function and F&B space on 11 acres sold December 28, 2000 by Chuck Carey and Jim O'Connell for $8.8 M to the Catania Family who will not operate it as a 4 Points Hotel.
Click for Details 
The Holland Inn - Onset. Waterfront Restaurant Sold December 26 2000 for $500,000.
 
The DeCota Family Inn - 1555 Rt. 132, Hyannis - 8 Two Bedroom Town House Apartments Plus 15 motel units and 4 bedroom home on 2.49 acres fronting on Rt. 132 and Shallow Pond less than one mile from Exit 6.  The Seller was represented by Mark Boudreau, Esq. of Hyannis.  Sold by Chuck Carey December 21, 2000 for $710,000.
 
The West Yarmouth Inn and Guest House - Rt. 28, West Yarmouth.  34 Unit Motel plus separate Guest House. Sold November 2000 for $833,000 by Chuck Carey.  The Lender was represented by Theodore A. Schilling, Esq. of Centerville. Financing was provided by Compass Commercial Lending Group,  Compass Bank.
 
The Stewed Tomato Restaurant - Harwich Center.  Sold October 2000 by Chuck Carey.  Financing was provided by Compass Commercial Lending Group,  Compass Bank.
 
Two Parcels of Vacant Commercial Land near the new CVS at the intersection of Rt. 137 and Rt. 39 in East Harwich sold October, 2000 for $530,000
 
The Hyannis Heritage House -   140 + Unit Hotel on Main Street, Hyannis sold September 19, 2000 by Chuck Carey for $3.5 M
Leased  
Leased to Pfaltzgraff Stoneware   -   5,000 SF in the new Hyannis Crossing Building on Rt. 28 near Cape Cod Mall 
 
720 Main Street, Hyannis -   15,000 SF Office Building near the Melody Tent Rotary sold September 15, 2000 for $1,070,000.
 
75 Pearl Street, Hyannis -   4 Unit Apartment Building near the Ocean Street Docks and Village Green sold September 15, 2000 for $171,000 by Chuck Carey.
 
Whites Path Yarmouth  Near Exit 8,  2,750 SF mixed use building at corner of DuPont Ave ( Cuffy's) sold August 1, 2000 by Chuck Carey for $285,000.
 
Main Street, Hyannis  Character space in high visibility setting near the Melody Tent Rotary Leased July 2000
Brewer Electric  -  Building and Business Old Town House Road and Fruen Avenue South Yarmouth sold in July by Carey Commercial.
Commercial -  Industrial Bldg 45 Commercial Street, South Yarmouth. 5,200 Sq. Ft. Bldg on .75 acre near the Bass River Bridge sold July 12 for $239,000.  Sold by Carey Commercial
The Amercian Host Motel -  80 Units on 1.97 Acres on Rt. 28 near the Hyannis / Yarmouth town line sold June 29 2000 for $1.3 M. Chuck Carey handled the transaction exclusively.  The Lender was represented by Theodore A. Schilling, Esq. of Centerville.  The sale was financed by Compass Commercial Lending Group of Compass Bank.
244 Willow Street, Yarmouth -  Office 5,600 Square Foot Office Building very near Exit 7, Rt. 6, The Mid-Cape Hwy sold May 12, 2000 for $481,000 
Handkerchief Shoals Motel, S. Harwich
Sold by Chuck Carey May 11, 2000 For $600,000.  26 Units plus owners apartment on very spacious grounds near Brax Landing.
The Lender was represented by Theodore A. Schilling, Esq. of Centerville.  Financing Arranged by Compass Bank's Compass Commercial Lending Group.
 

 

The Former Tuttle Travel Bldg 765 Rt. 28, Hyannis - Office
Sold April 28, 2000 for $211,000 to the Grant and Lee Real Estate Co. 2,000 Square Foot 1st floor plus 600 SF 2nd floor.
291 Rt. 28, West Dennis - 4,500 SF Office / Retail Bldg
The original site of Chamberlain Hardware.  Purchased by the Kennedy Art Galleries for $217,000 on April 11, 2000.  Chuck Carey arranged the transaction.

Ice Cream Business - Throughout Cape Cod
Business Sold Spring 2000.  Financing provided by Compass Commercial Lending Group,  Compass Bank.

SOLD ! Click For Details Of Sale and Aerial View
Cape Colony Motor Lodge , Falmouth
The 36 Unit Inn-Like Property was sold by Chuck Carey on April 7 for $1.56 M.  Financing was arranged by Compass Commercial Lending Group,  Compass Bank.
Click for Details of Sale
Waterfront Motel The Seaside Village  - North Truro 30 + Units Sold by Chuck Carey March 17, 2000 for $1.1 M. The Lender was represented by Theodore A. Schilling, Esq. of Centerville. Financed by Compass Commercial Lending Group A Division of Compass Bank.
2,000 SF Metal Building at 77 Old Yarmouth Road, Hyannis - Sold in April by Chuck Carey for $70,000
Serenas Restaurant, Rt. 6A Welfleet
145 Seats near the National Seashore sold March 13, 2000 for $575,000
Click For Details of Sale and Aerial View
The Barnstable Tavern - Rt. 6A Barnstable Village
130 Seats opposite the Superior Courthouse business only sold by Chuck Carey March 1, 2000
The Cutty Sark Motel Dennisport
17 Units plus owners home sold March 3, 2000 for $445,000 by Chuck Carey. 

Click for More Pictures and Details of Sale
Lickety Split Rt. 134 East Dennis
Ice Cream, Fast Food and Mini-Golf on 1.6 Acres in East Dennis sold January 2000 for $300,000

 

Click for Details of Sale and Aerial View
Leased to Today Real Estate
1900 SF Building Next to the new CVS in East Harwich on Rt. 137 - January 2000

The Yankee Thrift Motel - Bourne
56 Unit Motel on the Bourne Rotary sold by Chuck Carey January 2000 for $1.425 M.  The Lender was represented by Theodore A. Schilling, Esq. of Centerville.  Financing arranged by Compass Commercial Lending Group.

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