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Restaurant Property With Staff Housing
For Sale
$2,950,000

1019 US-6, Wellfleet, MA 02667

Commercial Sale, Wellfleet, MA

Property Size5,812 SF
Lot Size1.52 Acres
Price / SF$507.57
Days on Market47

Property Features for 1019 US-6

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Parking 80
Basement Partial
Appliances Water Heater
Lot features Cleared, Level
Elementary school district Nauset
Middle school district Nauset
High school district Nauset
Directions East on Route 6 Towards Provincetown. Left at Van Rensselaer's Restaurant.
Subdivision Wellfleet
Standard status Active
APN 36-185
Size 5,812 SF
Lot size 1.52 Acres

Additional Details

Business Included Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5756

Utilities

Heating system Natural Gas, Propane (Heating), Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1943
Floors in Building 1
Flooring type Carpet, Hardwood
Building materials Clapboard, Shingle Siding
Roof type Asphalt
Listing Agency: Berkshire Hathaway HomeServices Robert Paul Properties
Listed By: Guthrie Schofield Group
Added: Sep 15 Changed: Oct 28 Last Checked: Oct 31 at 4:06AM
MLS# 22604643

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.

Rey
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Investment Insights

Based on property information with market context.

This 5,812-square-foot restaurant property occupies 1.52 acres and includes more than 150 licensed seats, indoor dining, a raw bar, and three outdoor areas. The operation also includes full liquor, entertainment, and catering licenses, along with a commercial kitchen. A separately deeded seven-room staff housing unit is part of the offering. Physical improvements include private septic and well systems, a whole-building backup generator, central air, hardwood and carpet flooring, and a 1943 construction date.

The property is located at 1019 US-6 in Wellfleet, directly across from Marconi Beach and the National Seashore. On-site parking accommodates 70-80 vehicles. Additional building features include clapboard and shingle siding, an asphalt roof, and heating systems using natural gas, forced air, and propane.

Key Highlights

  • 1.52‑acre restaurant property at 1019 US‑6, directly opposite Marconi Beach and the National Seashore
  • 5,812‑square‑foot building with 150+ licensed seats, indoor dining, a raw bar, and three outdoor areas
  • Full liquor, entertainment, and catering licenses included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,635
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,792,700 $1.8M
Cap Rate 7%
$1,280,500 $1.3M
Cap Rate 9%
$995,944 $995.9K
Market Conditions
NOI Build-Up for 5,812 SF
Gross rent
$125.5K $21.60/SF
− Vacancy
−$6.0K −$1.04/SF
EGI
$119.5K $20.56/SF
− OpEx
−$29.9K −$5.14/SF
NOI
$89.6K $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 Rate 5%
$1,792,700
Cap Rate 7%
$1,280,500
Cap Rate 9%
$995,944

Alternative Uses

Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,635 @ 7.0% cap · market cap 3.04%
Second Best
Industrial
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,923 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$2.37M
$2.07M – $2.76M (±1% cap)
NOI $165,790 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02667, MA

3,309
Population
4,139
Households
0.8
Avg Household Size
60
Median Age
56%
College-Educated
99%
High-School Grad
16.9 sq mi
ZIP Area
196
Density / Sq Mi
$115,469
Median Household Income
$48,186
Median Earnings
$1,200
Median Rent
$760,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established dining property with licensed seating, outdoor service areas, and a separately deeded staff residence.
Where is this conventional restaurant located?
The property is located at 1019 US-6 Wellfleet, MA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 1.52‑acre restaurant property at 1019 US‑6, directly opposite Marconi Beach and the National Seashore; 5,812‑square‑foot building with 150+ licensed seats, indoor dining, a raw bar, and three outdoor areas; Full liquor, entertainment, and catering licenses included
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