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24-Unit Housing Development Property 626 Main St

25,419 SF Retail Building Dennis Port, MA 02639 $1,495,000 ($59/SF)

Investment Highlights

  • Proposed 24 Unit/28 Bedroom Condo or rental housing community
  • Dual Frontage on Main St and Upper County Rd
  • 750 sf commercial storefront

Executive Summary

Discover an exceptional development opportunity in the heart of Dennisport. This fully entitled prime property, currently owned and maintained by The Joseph Baker House Dennisport LLC, presents an outstanding chance for investors, builders, developers, or those interested in providing employee housing. With dual frontage on Main Street and Upper County Rd., the site offers unparalleled visibility and accessibility. Adjacent to a large public parking area, it provides seamless access to village amenities, including the Dennis Public Library, village green, playground, retail stores, and restaurants.
The approved development proposal features 24 residential rental apartments or condo ownership, combining market-rate units with affordable housing options to cater to diverse needs. The street front includes a dynamic retail space, creating an inviting environment for businesses to thrive. All use and septic permits are in place making this nearly shovel-ready opportunity an investor’s dream. The sale of the property includes comprehensive documentation such as property surveys, site engineering drawings, traffic studies, environmental assessments, and architectural plans.
The development proposal has been well supported by various town boards and the Dennisport Revitalization Committee and represents an outstanding, nearly shovel-ready development opportunity.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
25,419 SF
Building Class
C
Year Built
1900
Price
$1,495,000
Price Per SF
$59
Tenancy
Single
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.81 AC
Opportunity Zone
Yes
Zoning
DPVC Area B - This development site is within a state-designated "Opportunity Zone" offering significant tax advantages to a buyer/developer.
Parking
26 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
88 FT on Route 28

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DENN-000090-000000-000059
Land Assessment
$325,000
Improvements Assessment
$313,200
Total Assessment
$638,200
  • Listing ID: 28488706

  • Date on Market: 5/15/2023

  • Last Updated:

  • Address: 626 Main St, Dennis Port, MA 02639

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