Renovated Office Condominium
420 Massachusetts 134 Dennis, MA 02638
420 Massachusetts 134, Dennis, MA, 02638
$749,000
For Sale
$749,000
COMMERCIAL - Dennis, MA
Property Size3,179 SF
Price / SF$235.61
Days on Market76
Property Features for 420 Massachusetts 134
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Off Street
- Standard status
- Active
- APN
- 140-9-1
- Size
- 3,179 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 2370
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Vinyl Siding, Wood Frame, Clapboard
- Roof type
- Composition, Asphalt
Listing agency
William Raveis Real Estate & Home Services
(774) 994-8082
Listed by
Sharon K Dixon · License #MA 9518180
(508) 280-3443
Added: May 9 Updated: Jul 15 at 2:31PM Checked: Jul 23 at 7:06AM
MLS# 22602077
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 property is a two-unit commercial condominium building containing two fully renovated commercial condominiums in their own building within a four-unit condo complex. Unit #1 offers 1,667 square feet and is currently vacant, with the option for owner occupancy or new tenancy. Unit #2 offers 1,512 square feet and is occupied by a tenant with an option to renew for an additional two years.
The property is located on Route 134 in South Dennis and is described as having outstanding visibility and easy access to Route 6. It is also noted as being close to other established commercial businesses.
GC II zoning allows for a wide range of professional office and retail uses, supporting flexible possibilities for an owner-user or investment ownership.
The property is located on Route 134 in South Dennis and is described as having outstanding visibility and easy access to Route 6. It is also noted as being close to other established commercial businesses.
GC II zoning allows for a wide range of professional office and retail uses, supporting flexible possibilities for an owner-user or investment ownership.
Key Highlights
- Two fully renovated commercial condominium units in one building within a four‑unit condo complex
- Unit #1: 1,667 SF, currently vacant and available for lease (see MLS listing #22602078)
- Unit #2: 1,512 SF occupied tenant with option to renew for an additional two years
Local Financial Insights For Office B
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 | $111.4k | $35.04 |
| − Vacancy | −$22.3k | −$7.01 |
| EGI | $89.1k | $28.03 |
| − OpEx | −$22.3k | −$7.01 |
| NOI | $66.8k | $21.02 |
3,179 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$954.8K
$835.4K – $1.11M
NOI $66,835 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,682 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two fully renovated office condominium units are in their own building within a four-unit complex.
Where is this office units located?
The property is located at 420 Massachusetts 134 Dennis, MA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two fully renovated commercial condominium units in one building within a four‑unit condo complex; Unit #1: 1,667 SF, currently vacant and available for lease (see MLS listing #22602078); Unit #2: 1,512 SF occupied tenant with option to renew for an additional two years
