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    Established Restaurant Property For Sale Title is generated by Realmo AI

    300 Main Street, Buzzards Bay, MA 02532

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    Claim this Listing
    For Sale
    $1,250,000

    COMMERCIAL - Buzzards Bay, MA

    Property size:
    1,801 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $694/SF
    Added:
    Dec 16, 2025
    Days on Market:
    157
    Last Refresh:
    May 22 at 5:06 am

    Property Features for 300 Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    17
    Parking features
    Off Street, Parking Lot
    Basement
    Full
    Appliances
    Water Heater
    Standard status
    Active
    APN
    BOUR M:20.3 P:133
    Size
    1,801 SF
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4118

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Wood Siding
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Adrienne White

    Listing agent Adrienne White

    Listing office Plymouth Sails Realty, LLC MA

    Listing date Dec 16, 2025

    MLS# 22505872

    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.

    Overview

    Located in downtown Bourne, Massachusetts, this commercial property offers high traffic and visibility near the Bourne Rotary. The property, situated within the Downtown Zoning District and Downtown Gateway Sub-District, has housed a Chinese restaurant and bar with a full liquor license for over 40 years. The 1,801-square-foot space includes a full basement with two walk-in coolers, two walk-in freezers, a half bath, and storage. The 0.23-acre lot is serviced by town sewer and natural gas. All furniture, fixtures, and equipment are included in the sale. The property's location and features make it suitable for conventional restaurants, bars, and pubs. The seller also owns an abutting 1.2-acre parcel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Way Ho Restaurant Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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
    Buzzards Bay
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.597722
    Latitude
    41.751165

    Nearby Similar for Sale

    • $2,075,000
      5,480 SF

      Established Auto Repair Business Opportunity

      Thriving auto-repair business with innovative facilities near Bourne Bridge.
      7 Colonel, Buzzards Bay, MA 02532
      View Details
    • $1,250,000

      Established Restaurant Property For Sale

      Well-established restaurant with full liquor license in prime location.
      300 Main Street, Buzzards Bay, MA 02532
      View Details
    • $1,250,000
      1,801 SF

      Established Restaurant Property Downtown Bourne

      Well-established restaurant with full liquor license in prime location.
      300 Main, Buzzards Bay, MA 02532
      View Details
    • $2,075,000

      Established Auto Repair Business For Sale

      Thriving auto-repair business with facilities and equipment near Bourne Bridge.
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    FAQs

    What type of property is this?
    Conventional restaurant - Well-established restaurant property with a full liquor license.
    Where is this conventional restaurant located?
    The property is located at 300 Main Street Buzzards Bay, MA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    (508) 737-3297
    We can help!
    Listing Contact
    Adrienne White
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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