For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Orleans Landmark: Mixed-Use Opportunity Title is generated by Realmo AI

    21 S Orleans Road, Orleans, MA 02653

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    MULTI_FAMILY - Orleans, MA

    Property size:
    4,416 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $305/SF
    Added:
    Apr 21, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 8 at 5:06 pm

    Property Features for 21 S Orleans Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    4
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 1, Bathroom 4
    Parking features
    Off Street
    Patio and Porch features
    Deck
    Appliances
    Water Heater
    Standard status
    Active
    APN
    ORLE M:026.0 B:0067 L:0000.0
    Size
    4,416 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7994

    Utilities

    Heating system
    Oil
    Water source
    Public

    Building Details

    Year built
    1840
    Floors in Building
    3
    Number of units
    3
    Flooring type
    Carpet, Laminate, Wood
    Building materials
    Shingle Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Tracey E Oringer

    Listing agent Tracey E Oringer

    Listing office Kinlin Grover Compass 32 Main Street, Plymouth, MA

    Listing date Apr 21, 2026

    MLS# 22601618 Listing URL

    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.

    HighLights

    • Prime in‑town location with high visibility on Route 28.
    • Multi‑use property: retail space and two apartments for rental income.
    • Ample off‑street parking with 15 spaces.
    • Water views from both apartments.
    • Additional 600 sqft walk‑out lower level for office or storage.
    • Historic building built in 1840.

    Overview

    This stately Orleans landmark offers an ideal in-town location with high visibility and multi-use potential, featuring both apartments and retail space. The sale includes the land and building. The prime retail space overlooks Route 28 at the front, providing exposure, and Town Cove at the rear. The retail space is accessible at street level and includes ample parking with 15 spaces, along with office and break room areas. There are two upstairs apartments generating rental income, one with two bedrooms and the other with one bedroom, both offering water views. The walk-out lower level provides approximately 600 square feet of additional office or storage space. The property is situated on a 0.46-acre lot and the building has 4416 square feet. This central location and versatile building presents an opportunity for business owners and investors.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $132.5k $30.00
    − Vacancy −$2.9k −$0.66
    EGI $129.6k $29.34
    − OpEx −$38.9k −$8.80
    NOI $90.7k $20.54
    4,416 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,696 @ 7.0% cap · market cap 6.72%
    Second Best
    Apartment 5plus
    $1.26M
    $1.11M – $1.47M (±1% cap)
    NOI $88,489 @ 7.0% cap · market cap 6.55%
    Theoretical Best
    Office A
    $1.80M
    $1.57M – $2.10M (±1% cap)
    NOI $125,968 @ 7.0% cap · market cap 9.33%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Yak Arts International Art Gallery

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orleans
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.987092
    Latitude
    41.789789

    FAQs

    What type of property is this?
    Mixed-use property - In-town mixed-use property with retail space and apartments.
    Where is this mixed-use property located?
    The property is located at 21 S Orleans Road Orleans, MA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Prime in‑town location with high visibility on Route 28.; Multi‑use property: retail space and two apartments for rental income.; Ample off‑street parking with 15 spaces.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message