Historic Cape Cod Inn
For Sale
$2,300,000
Pending
308 Old Main Street, South Yarmouth, MA 02664
COMMERCIAL - South Yarmouth, MA
Property Size9,110 SF
Lot Size1.31 Acres
Days on Market172
Property Features for 308 Old Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
RS-40
Parking features
Off Street, Guest, Parking Lot, Driveway
Basement
Full, Walk-Out Access
Appliances
Water Heater
Lot features
Cleared, Private
Elementary school district
Dennis-Yarmouth
Middle school district
Dennis-Yarmouth
High school district
Dennis-Yarmouth
Directions
Route 6 to exit 75-S onto Union Street/Station Avenue. Proceed South, cross Route 28 onto Old Main Street. Property is #308, parking in rear (Take Mill Lane to get to rear of property)
Subdivision
Yarmouth
Standard status
Pending
APN
YARM M:0061 B:027.1 L:0000
Size
9,110 SF
Lot size
1.31 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
12006
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1845
Floors in Building
2
Flooring type
Tile, Wood, Carpet, Heavy duty, Hardwood
Building materials
Wood Siding, Wood Frame, Clapboard
Roof type
Asphalt, Shingle
Listing Agency:
Inn Advisors
(508) 237-1617
Listed By:
Marco DiDomizio
(646) 831-1976
Added: Feb 9
Changed: Jul 28
Last Checked: Jul 31 at 4:06AM
MLS# 22600375
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 historic Cape Cod inn is offered turnkey as a two-building bed & breakfast with 10 well-appointed guest rooms and suites, each featuring a private ensuite bath. Common areas include a parlor, a glass-roof atrium, and a dining room designed for tea service, along with a serene garden patio. The property also includes a well-equipped kitchen, stylish furnishings, and ample off-street parking.
In addition to the guest accommodations, the property features spacious private owner/manager quarters with a separate kitchen and dining room, an expansive living area, an office, two bedrooms, and 2.5 baths.
Overall, the layout supports both guest hosting and private day-to-day living within the same property, with the owner/manager space configured for separation and convenience.
In addition to the guest accommodations, the property features spacious private owner/manager quarters with a separate kitchen and dining room, an expansive living area, an office, two bedrooms, and 2.5 baths.
Overall, the layout supports both guest hosting and private day-to-day living within the same property, with the owner/manager space configured for separation and convenience.
Key Highlights
- Historic Cape Cod inn with 10 guest rooms and suites, each with a private ensuite bath
- Two‑building bed & breakfast layout with a parlor, glass‑roof atrium, dining room, and garden patio
- Spacious private owner/manager quarters with separate kitchen and dining room, expansive living area, and office
Financial Insights For Hotel Hospitality
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 | $273.3k | $30.00 |
| − Vacancy | −$32.8k | −$3.60 |
| EGI | $240.5k | $26.40 |
| − OpEx | −$126.3k | −$13.86 |
| NOI | $114.2k | $12.54 |
9,110 SF · lease $30.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.63M
$1.43M – $1.90M
NOI $114,239 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.71M
$3.25M – $4.33M
NOI $259,867 @ 7.0% cap · market cap 11.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02664, MA
9,935
Population
7,185
Households
1.4
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,419
Density / Sq Mi
$78,796
Median Household Income
$43,285
Median Earnings
$1,692
Median Rent
$479,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- South Yarmouth Cape House — 8 Robert St, South Yarmouth, MA 02664
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Historic two-building inn with 10 guest rooms, private ensuite baths, and separate owner/manager quarters.
Where is this bed & breakfast located?
The property is located at 308 Old Main Street South Yarmouth, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Historic Cape Cod inn with 10 guest rooms and suites, each with a private ensuite bath; Two‑building bed & breakfast layout with a parlor, glass‑roof atrium, dining room, and garden patio; Spacious private owner/manager quarters with separate kitchen and dining room, expansive living area, and office
