508-862-9000
222 West Main Street, Hyannis, MA
advisors@comrealty.net

Prime Mixed-Use Investment Opportunity in Downtown Chatham

450 Main Street, Chatham, MA, USA

Details

Prime Mixed-Use Investment Opportunity in Downtown Chatham

Mixed-Use Gem Just Steps from Chatham’s Iconic Attractions

🌟 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

  • Offered at: $3,700,000

  • Total Building Size: ±7,396 SF

  • Lot Size: 0.26 acres

  • Zoning: General Business 2 (GB2)

  • Use: Mixed-use commercial and residential

  • Parking: On-site paved lot for approximately 10–12 vehicles


🏬 First Floor: High-Visibility Retail Space

  • ±3,692 SF of retail space currently occupied by “Tale of the Cod

  • Ideal for boutique retail, gallery, or food & beverage use (subject to permitting)

  • High-traffic frontage on Main Street with exceptional pedestrian exposure

  • Versatility of layout allows for business concept changes or expansion


🏠 Second Floor: Five Residential Apartments

  • (5) One-bedroom, one-bath units—perfect for seasonal or year-round rentals

  • Separate electric meters; shared heat and water

  • Proven rental history with potential for rate growth

  • Additional income stream that supports strong investment returns


📍 Market Position & Location Advantages

  • Situated in Chatham’s central business district

  • Walkable to downtown shops, dining, beaches, and tourist draws

  • Positioned in a thriving, high-foot-traffic area ensuring maximum visibility and engagement

  • Limited local inventory for mixed-use assets of this caliber


📈 Investment Overview

  • Current Use: Ground-floor commercial with residential income above

  • Assessed Value (FY2025): $2,232,300

  • Upside Potential: Rent increases, retail repositioning, or future redevelopment

  • Public Utilities: Water, sewer, gas, and electric

  • 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

Map of Chatham

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.

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  • For Sale or Lease: For Sale
  • Property size: 7396 +/- Sq. Ft.
  • Acres: 0.26 +/- Acres

Plans

Main Level Plan

Land Plan

Attachments