SOLD! Orleans, MA “The Coast” Restaurant

SOLD! ORLEANS, MA –Tom Davis and Adam Bauer brokered the sale of the restaurant formerly known as The Coast located at 63 Route 6A in Orleans, MA. The former 136-seat restaurant will be re-established as The Lost Dog Pub and operated by Andrew and Jane Murphy. The Murphy’s are the owner’s of other Cape Cod restaurants and one in the U.S. Virgin Islands.

The recently renovated two level building has 4,560 square feet of GBA and is sited on a .64 acre lot offering a prominent location with multiple curb cuts and excellent signage.  The May 2009 transfer equated to a price of approximately $166 per square foot of GBA. Coastal Community Capital arranged the financing through the Bank of Cape Cod.

The year round restaurant was built in the early to mid 1930′s as the first Howard Johnson’s franchise in the US. In the years that followed and until about 2005 the restaurant was the well known Fog Cutter Restaurant.