Sushi Restaurant with Full
For Sale
$215,999
56 Main Street, Orleans, MA 02653
Commercial Sale, Orleans, MA
Property Size1,100 SF
Lot Size0.46 Acres
Price / SF$196.36
Days on Market48
Property Features for 56 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
COMMERCIAL
Parking features
Parking Lot
Basement
Full
Appliances
Water Heater
Lot features
Corner Lot
Elementary school district
Nauset
Middle school district
Nauset
High school district
Nauset
Directions
Orlans Road to Main Street #56 Located in the Post Office Square Shopping Center.
Subdivision
Orleans
Standard status
Active
APN
34-97-0
Size
1,100 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1987
Floors in Building
2
Flooring type
Tile
Building materials
Clapboard
Roof type
Asphalt
Listing Agency:
Premier Commercial
(508) 815-5700
Listed By:
Paige Mansfield · License #9576043
(774) 216-1184
Added: Jul 15
Changed: Aug 27
Last Checked: Aug 31 at 4:06PM
MLS# 22603412
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 1,100-square-foot sushi restaurant property includes an open dining room, integrated bar seating, a complete commercial kitchen, dedicated food preparation space, and on-site storage. The dining area accommodates 20 guests and is licensed for 40 seats. Tile flooring, clapboard construction, forced-air natural gas heat, wall-unit cooling, and an asphalt roof are among the existing improvements.
Built in 1987, the property occupies 0.46 acres and provides public water, public sewer, and a parking lot. The asset is located at 56 Main Street in Orleans, Massachusetts, within Barnstable County. The restaurant configuration and installed infrastructure support continued food-service use.
Built in 1987, the property occupies 0.46 acres and provides public water, public sewer, and a parking lot. The asset is located at 56 Main Street in Orleans, Massachusetts, within Barnstable County. The restaurant configuration and installed infrastructure support continued food-service use.
Key Highlights
- 1,100‑square‑foot restaurant property on 0.46 acres
- Dining room accommodates 20 guests and is licensed for 40 seats
- Full‑service bar with integrated seating
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
$16,965
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
7.85%
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%
$339,300
$339.3K
Cap Rate 7%
$242,357
$242.4K
Cap Rate 9%
$188,500
$188.5K
Market Conditions
NOI Build-Up for 1,100 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
$23.8K $21.60/SF
− Vacancy
−$1.1K −$1.04/SF
EGI
$22.6K $20.56/SF
− OpEx
−$5.7K −$5.14/SF
NOI
$17.0K $15.42/SF
Area
Barnstable County, MA
Vacancy
4.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
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%
$339,300
Cap Rate 7%
$242,357
Cap Rate 9%
$188,500
Alternative Uses
Best Use
Specialty Retail
$242.4K
$212.1K – $282.8K
NOI $16,965 @ 7.0% cap · market cap 7.85%
Second Best
Industrial
$226.9K
$198.6K – $264.7K
NOI $15,884 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$448.3K
$392.2K – $523.0K
NOI $31,378 @ 7.0% cap · market cap 14.53%
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
782
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Office Supplies 19%
Dining 16%
Home Improvements & Furnishings 14%
Staples
Office Supplies
11,908 visits/mo
0.3 miles
Mobil
Shops & Services
8,496 visits/mo
0.2 miles
Dunkin' Donuts
Dining
8,342 visits/mo
0.3 miles
Baskin's Ace Hardware
Home Improvements & Furnishings
6,922 visits/mo
0.3 miles
Cumberland Farms
Shops & Services
6,253 visits/mo
0.2 miles
Demographics for 02653, MA
6,307
Population
5,685
Households
1.1
Avg Household Size
63
Median Age
59%
College-Educated
99%
High-School Grad
12.1 sq mi
ZIP Area
521
Density / Sq Mi
$98,798
Median Household Income
$45,853
Median Earnings
$1,181
Median Rent
$816,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing dining operation includes a commercial kitchen, dedicated preparation area, storage, and on-site parking.
Where is this conventional restaurant located?
The property is located at 56 Main Street Orleans, MA.
What is the asking price?
The asking price for this property is $215,999.
What are key features of this property?
This property features: 1,100‑square‑foot restaurant property on 0.46 acres; Dining room accommodates 20 guests and is licensed for 40 seats; Full‑service bar with integrated seating
