Land For Sale • 2 AC
Introducing a rare investment opportunity at 48 and 96 Lombard Ave, West Barnstable! This expansive property, totaling over 10 acres, includes 8 buildings and is offered at an attractive price of $5,499,000. Building 1: houses the Barnstable Farm & Pet store, contributing significantly to the property’s income. Buildings 2-3: Vacant spaces within the front buildings present an opportunity for additional income through new tenants. Building 4: Leased by a reputable marine servicing company, contributing to the property’s income. Buildings 5-8: Consists of newer constructions, currently occupied by Beacon Building Products. This established company serves Cape Cod contractors with a diverse range of residential roofing, siding, and accessories, making up over 50% of the property’s overall revenue. Secured leases solidify this property as a sound and lucrative investment. Furthermore, the expansive 10+ acre lot allows for outside boat storage, opening avenues for supplemental revenue streams. Whether you’re an investor seeking a stable return or a business looking to establish a strategic presence in West Barnstable, this property offers a unique combination of history, modern utility, and income diversity. Don’t miss out on this exceptional commercial real estate opportunity. A notable feature of the property at 96 Lombard Road is its adjacency to the Cape Cod Central Railroad track, utilized by Mass Coastal, a prominent freight line. Evidence suggests the presence of a railroad switch, historically facilitating train access to the premises of 48 and 96 Lombard Ave, culminating at a designated platform near building 1. While disused for decades, the potential to revive this track presents an intriguing opportunity, particularly for enhanced shipping and delivery convenience for property occupants.
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Hyannis (CapeFLYER - Cape Cod Regional Transit Authority) | 13 min | - | 6.6 mi |
Airport | Drive | Walk | Distance |
Martha's Vineyard | 101 min | - | 36.1 mi |