A rare Wellfleet investment opportunity offering an operating restaurant and exceptional redevelopment potential. Home to the successful Brekkies restaurant, this landmark property includes the existing restaurant building plus the former function hall/event venue, which was lost to fire in 2023. Architectural plans have been prepared illustrating the potential reconstruction of the event space with residential units above (subject to buyer verification and approvals). Ideally located adjacent to the Copper Swan Inn and just moments from Wellfleet Harbor, downtown shops, galleries, and Cape Cod National Seashore beaches, this property offers endless possibilities for hospitality operators, investors, and developers. A truly unique chance to own and reimagine one of Wellfleet’s primary commercial destinations.
70 Main St., Wellfleet, MA, 02667
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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