706 Shore Road #UNIT 706 Truro, MA 02666
4,516 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Cottage Colony
Listing Status Active
Purchase Type For Sale
Square Footage 4,516 sqft
Price per Sqft $5,092
MLS Listing ID 22603815
Abv Grd Liv Area 4,516
Year Built 2006
Annual Tax Amount $24,097
Tax Year 2026
Lot Size 2.300 Acres
Acres 2.3
Property Sub-Type Cottage Colony
Source Cape Cod & Islands API
Property Description
The property is being offered under two separate purchase options:
Buildings 2, 3 and 4 may be purchased together for $22,999,000. This offering includes 42 fee-simple condominium units totaling approximately 20,285 square feet.
Buildings 3 and 4 may be purchased without Building 2 for $14,999,000. This offering includes 25 fee-simple condominium units totaling approximately 12,885 square feet.
Building 1, containing the owner's residence and staff apartment, is retained by the Seller and is excluded from both purchase options.
The campus already operates under an established condominium structure. Approximately 40% of the units have been rebuilt from the ground up since 2019, with additional units substantially renovated. Building 4 remains largely original and represents the principal value-add component of the property. Potential strategies include phased condominium redevelopment, multifamily use or continued seasonal lodging, subject to all required approvals.
Location
State MA
County Barnstable
Area Truro
Direction Route 6 East to 706 Shore Road
Body of Water Cape Cod Bay, Salt
Rooms
Basement Other
Interior
Heating Other
Cooling Other
Flooring Other
Appliance None, Other
Exterior
Waterfront Description Waterview,Waterfront,Bay/Harbor
View Y/N No
Building
Building Description Other, Other
Faces Route 6 East to 706 Shore Road
Story 2
Sewer Other
Level or Stories 2
Structure Type Other
Others
Tax ID TRUR M:1 B: L:5-0
Special Listing Condition Standard, None
