1-1112 Main St, Osterville, MA

Building Details

Stories 2 More

Listing Agency: Commercial Realty Advisors, Inc.

Listed By: Kevin A. Pepe Show Phone

Source: Exprealty

Added: Oct 16 Changed: Nov 7 Last Checked: Nov 6 at 9:23AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Realty Advisors, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This two-level flex condominium contains approximately 2,016 square feet. The lower floor pairs a private office with built-in work surfaces and a storage bay fitted with an 8-foot overhead door; multiple closets provide additional storage. Upstairs, two enclosed offices accompany an open meeting area, a separate sitting room, a kitchenette, and a full bathroom.

The property is at 1112 Main Street in Osterville, behind Osterville Jewelers, with access to Osterville Village amenities and Route 28. Its split RC/BA zoning may allow a range of uses, subject to Town of Barnstable approval and condominium restrictions. The owner will consider leasing the entire unit or the first-floor bay.

Key Highlights

• Approximately 2,016 square feet across two floors
• First‑floor business bay with an 8‑foot overhead door
• Three private offices, open meeting area, and separate sitting room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,110

Cap Rate

6.47%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$582,200 $582.2K

Cap Rate 7%

$415,857 $415.9K

Cap Rate 9%

$323,444 $323.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,016 SF

Gross rent

$43.5K $21.60/SF

− Vacancy

−$2.0K −$0.97/SF

EGI

$41.6K $20.63/SF

− OpEx

−$12.5K −$6.19/SF

NOI

$29.1K $14.44/SF

Area

Barnstable County, MA

Vacancy

4.50%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$582,200

Cap Rate 7%

$415,857

Cap Rate 9%

$323,444

Alternative Uses

Best Use

Industrial

$415.9K

$363.9K – $485.2K (±1% cap)

NOI $29,110 @ 7.0% cap · market cap 6.47%

Second Best

Flex RnD

$396.1K

$346.6K – $462.1K (±1% cap)

NOI $27,726 @ 7.0% cap · market cap 6.16%

Theoretical Best

Office A

$821.5K

$718.8K – $958.5K (±1% cap)

NOI $57,507 @ 7.0% cap · market cap 12.78%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Dental Office Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

403

Businesses Nearby

Explore this area Business Placement

Market

Average Price Trend$/SF for Flex space in Barnstable County, MA

$399 Jul

$325 Aug

$297 Sep

$273 Oct

Properties on Market for Flex space in Barnstable County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Similar For Sale Nearby

See more

Flex Space with Office Buildout

1112 Main Street, Osterville, MA 02655

$450,000

2,016 SF

View details

Two-Story Flex Space

Osterville, MA 02655

$450,000

2,016 SF

View details

Flex Space with Overhead Door

1112 Main Street STE 1, Osterville, MA 02655

$450,000

2,016 SF

View details

Multi-Suite Office Building

2957 Falmouth Rd, Osterville, MA

$1,699,000

4,200 SF

View details

Mixed-Use Property With Office Space

804 Main St, Osterville, MA

$5,900,000

1.00 Acre

View details

Single-Car Storage Garage

920A Main Street, Osterville, MA 02655

$85,000

2.00 Acres

View details

Mixed-Use Commercial Property

804 Main Street, Osterville, MA 02655

$5,900,000

19,304 SF

View details

Frequently Asked Questions

What type of property is this?

Flex space - Office, meeting, storage, and bay areas are arranged across two floors, with an overhead door serving the business bay.

Where is this flex space located?

The property is located at 1-1112 Main St Osterville, MA.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Approximately 2,016 square feet across two floors; First‑floor business bay with an 8‑foot overhead door; Three private offices, open meeting area, and separate sitting room