16 Truro Center Road, Truro, MA 02666 - Photo 1

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$1,268,500

Sold
Closed
Commercial Residential Facility

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Property Description

Investment Property including USPO GOV Tenancy in Truro, Cape Cod, MA, USA for sale. Condominium units14 A, C, D, E and Unit 16 at 16 Truro Center Road branded Truro Center are now available for sale. The retail center is known as the business hub of this classic seaside village. High vehicle and foot traffic counts boost the exposure of this wonderful location which overlooks the Pamet River and Snows Park. Its location is without peer in the village and within close proximity to Route 6. The front building 16, is tenanted by the USPO with a strong repeat 60 month lease executed. The rear building consists of 3 retail / professional units and a newly renovated turnkey 17-seat wine-bar. The wine bar space features top of the line finishes, equipment and systems. Sleek minimalist contemporary design makes this space worthy of a tour. Great financials, history, location, signage, frontage and tenant mix makes this a must see for any investor, or group of investors interested in Cape Cod Investment Property with low risk and a diversified tenant portfolio.

Full Property Details

Full Property Details for 16 Truro Center Rd

General

Sold For: $1,268,500
Taxes: $1,606 (2022)
Status: Closed
Type: Commercial Residential Facility
Source: CCI
MLS ID: 22203360
Added to Site: 1, 376 day(s) ago

Interior

Appliances: Water Heater
Flooring: Laminate

Exterior

Exterior Features: Curb Cuts, Other, Sign, Yard

Parking

Parking Features: Parking Lot, Gravel, Driveway

Location

Area: South Truro
County: Barnstable
Driving Directions: Route 6 to Shore Road / Truro Center Road, Truro, Cape Cod, MA, USA

Community

Association: Yes

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Other

Utilities

Sewer: Private Sewer
Water: Well

Structural Information

Construction: Clapboard, Shingle Siding, Sheet Rock, Frame
Exterior Const.: Clapboard, Shingle Siding, Sheet Rock, Frame
Basement Desc.: None
Roof: Pitched
Stories/Levels: 1
Square Feet: 4,639
Sq. Ft. Source: Owner
Current Bldg. Use: Retail, Retail, Uspo, Office Professional
Year Built: 1973
Property Condition: Updated/Remodeled

Lot Features

Lot Size Source: Owner
Zoning: LTC

Water Features

Water View: Yes

Financial Considerations

Price Per Sq. Ft.: $290
Assoc Fee Freq.: Quarterly
Assessment Amount: $227,200
Tax Amount: $1,606
Tax Year: 2022

Disclosures and Reports

Special Conditions: None
Property ID: 501557

Listed and Sold by Premier Commercial, John E Ciluzzi

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Listing agent

— 16 Truro Center Rd —

John E Ciluzzi

Premier Commercial

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Schools

Schools serving 16 Truro Center Rd

School District:Truro School District

Name	Grades	Distance
Truro Central 317 Route 6, Truro, MA 02666	PK-6	2 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Truro Center Rd

Date

Details

Price

Change

Source

9/20/2023

Sold

$1,268,500

-5.97%

MLS

6/09/2023

Price Reduced

$1,349,000

-3.57%

MLS

5/04/2023

Price Reduced

$1,399,000

-12.29%

MLS

1/06/2023

Price Reduced

$1,595,000

-8.81%

MLS

10/11/2022

Price Reduced

$1,749,000

-10.26%

MLS

9/16/2022

Price Reduced

$1,949,000

-8.07%

MLS

6/28/2022

Listed

$2,120,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Bed
2
Total Baths
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Total Bath
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$1,095,000

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Condo
Active
Updated 1 day ago

2
Beds
2
Total Baths
640
Sq. Ft.

Sold

$1,200,000

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Total Baths
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Beds
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Total Baths
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Sq. Ft.

16 Truro Center Road, Truro, MA 02666 (MLS# 22203360) is a Commercial Residential Facility property that was sold at $1,268,500 on September 20, 2023. Want to learn more about 16 Truro Center Road? Do you have questions about finding other Commercial Residential Facility real estate for sale in Truro? You can browse all Truro real estate or contact a Coldwell Banker agent to request more information.

16 Truro Center Rd Truro, MA 02666