An exceptionally rare opportunity to acquire The Hawthorne in the heart of esteemed Chatham! Family-owned & operated since 1959, THE HAWTHORNE motel (32 total units) is offered for sale for the 1st time in 66 years! Perched on 3.2 ACRES w/SWEEPING PANORAMIC WATER VIEWS of Pleasant Bay and the Atlantic Ocean, the property features an expansive lawn & PRISTINE PRIVATE BEACH with nearly 150 linear feet of ocean frontage. 196 SHORE ROAD is a short walk from boutique shops, fine dining, Chatham Seaside Links golf course, the famed Fish Pier & the iconic Chatham Lighthouse. THE HAWTHORNE offers the next owner the flexibility to continue operating a distinguished hospitality business, potentially expand on the existing improvements, completely redevelop a commercial property or give life to an unparalleled residential masterpiece. Buyer prospects are responsible for all due diligence. Don't miss this PREMIER OCEANFRONT OPPORTUNITY in the Finest Cape Cod location!
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Listing courtesy of Michael Tammaro, Related Beal Sales, LLC 617-451-2100
196 Shore Road, Chatham, MA, 02633
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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