Details
Prime Mixed-Use Investment Opportunity in Downtown Chatham
🌟 Rare Mixed-Use Asset in the Heart of Chatham Village
Located just 116 yards from iconic destinations like The Chatham Squire and Snowy Owl Coffee, 450 Main Street presents a rare opportunity to acquire a legacy property in one of Cape Cod’s most desirable downtown corridors. This mixed-use building delivers diverse income potential with both commercial and residential components—perfect for investors or owner-operators looking to grow their portfolio in a high-demand submarket.
💼 Property Highlights
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Offered at: $3,700,000
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Total Building Size: ±7,396 SF
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Lot Size: 0.26 acres
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Zoning: General Business 2 (GB2)
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Use: Mixed-use commercial and residential
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Parking: On-site paved lot for approximately 10–12 vehicles
🏬 First Floor: High-Visibility Retail Space
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±3,692 SF of retail space currently occupied by “Tale of the Cod”
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Ideal for boutique retail, gallery, or food & beverage use (subject to permitting)
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High-traffic frontage on Main Street with exceptional pedestrian exposure
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Versatility of layout allows for business concept changes or expansion
🏠 Second Floor: Five Residential Apartments
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(5) One-bedroom, one-bath units—perfect for seasonal or year-round rentals
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Separate electric meters; shared heat and water
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Proven rental history with potential for rate growth
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Additional income stream that supports strong investment returns
📍 Market Position & Location Advantages
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Situated in Chatham’s central business district
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Walkable to downtown shops, dining, beaches, and tourist draws
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Positioned in a thriving, high-foot-traffic area ensuring maximum visibility and engagement
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Limited local inventory for mixed-use assets of this caliber
📈 Investment Overview
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Current Use: Ground-floor commercial with residential income above
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Assessed Value (FY2025): $2,232,300
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Upside Potential: Rent increases, retail repositioning, or future redevelopment
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Public Utilities: Water, sewer, gas, and electric
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Construction: Wood-frame building with poured concrete foundation and asphalt shingles
🏛️ A Storied Community Landmark with Income Diversity
This property is more than an investment—it’s an entry into a Chatham landmark. With stable residential leasing in place and a ground-floor commercial space that’s primed for repositioning, 450 Main Street offers dual revenue streams in one of Cape Cod’s most resilient markets.
📝 Showings & Financial Disclosure
Private showings and financial documentation are available by appointment only to serious and qualified buyers.
📞 Inquire Today
For more information or to schedule a private tour:
Commercial Realty Advisors, Inc.
📍 Hyannis, MA | ☎️ 508-862-9000
🌐 comrealty.net

The ±3,692 SF first-floor retail space is currently occupied by “Tale of the Cod,” a long-standing business that offers multiple investment options. Buyers may choose to acquire the business, retain it as a stable, income-producing tenant, or re-tenant the space to suit a new concept. The layout is highly versatile and well-suited for boutique retail, gallery, or food & beverage use (subject to permitting). With prominent Main Street frontage and exceptional pedestrian traffic, this location offers strong visibility and adaptability to evolving market needs.
- For Sale or Lease: For Sale
- Property size: 7396 +/- Sq. Ft.
- Acres: 0.26 +/- Acres