Showroom and Office
For Sale
$799,000
Pending
103 Main Street, Dennis Port, MA 02639
Commercial Sale, Dennis Port, MA
Property Size3,692 SF
Lot Size1.18 Acres
Days on Market87
Property Features for 103 Main Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
GC2
Elementary school district
Dennis-Yarmouth
Middle school district
Dennis-Yarmouth
High school district
Dennis-Yarmouth
Directions
Route 28 (Main Street, eastbound to 103 Main Street
Subdivision
Dennis
Standard status
Pending
APN
DENN M:000071 P:002-000
Size
3,692 SF
Lot size
1.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3341
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
2
Flooring type
Carpet
Building materials
Shingle Siding
Roof type
Asphalt, Composition
Listing Agency:
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed By:
Bradford Kuhrtz · License #9065413-RE-S
(508) 360-4523
Added: Jun 8
Changed: Aug 20
Last Checked: Sep 2 at 3:06AM
MLS# 22602670
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,692-square-foot commercial property combines showroom and office improvements within a 1.18-acre parcel. The existing configuration includes space suited to display, design, administrative, and production functions, supporting a range of business activities in one location. Construction features shingle siding, carpeted flooring, natural gas heat, central air, an asphalt and composition roof, public water, and a septic tank.
Located at 103 Main Street in Dennis Port, the property includes exposure along Route 28 and is positioned in Barnstable County. Potential applications identified for the site include showroom, design center, professional office, specialty retail, building trades, home improvement, interiors, and contractor sales operations, subject to buyer due diligence and Town of Dennis approvals.
Located at 103 Main Street in Dennis Port, the property includes exposure along Route 28 and is positioned in Barnstable County. Potential applications identified for the site include showroom, design center, professional office, specialty retail, building trades, home improvement, interiors, and contractor sales operations, subject to buyer due diligence and Town of Dennis approvals.
Key Highlights
- 3,692‑square‑foot commercial building on 1.18 acres
- Route 28 exposure in Dennis Port
- Existing showroom and office improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$53,311
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,066,220
$1.1M
Cap Rate 7%
$761,586
$761.6K
Cap Rate 9%
$592,344
$592.3K
Market Conditions
NOI Build-Up for 3,692 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$79.7K $21.60/SF
− Vacancy
−$3.6K −$0.97/SF
EGI
$76.2K $20.63/SF
− OpEx
−$22.8K −$6.19/SF
NOI
$53.3K $14.44/SF
Area
Barnstable County, MA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,066,220
Cap Rate 7%
$761,586
Cap Rate 9%
$592,344
Alternative Uses
Best Use
Office B
$1.11M
$970.3K – $1.29M
NOI $77,621 @ 7.0% cap · market cap 9.71%
Second Best
Retail
$1.08M
$947.8K – $1.26M
NOI $75,826 @ 7.0% cap · market cap 9.49%
Theoretical Best
Office A
$1.50M
$1.32M – $1.76M
NOI $105,316 @ 7.0% cap · market cap 13.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02639, MA
3,238
Population
5,162
Households
0.6
Avg Household Size
53
Median Age
39%
College-Educated
98%
High-School Grad
2.8 sq mi
ZIP Area
1,156
Density / Sq Mi
$64,051
Median Household Income
$47,857
Median Earnings
$1,296
Median Rent
$451,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Showroom - Route 28 exposure with office and showroom improvements for owner-user operations.
Where is this showroom located?
The property is located at 103 Main Street Dennis Port, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 3,692‑square‑foot commercial building on 1.18 acres; Route 28 exposure in Dennis Port; Existing showroom and office improvements
