Two-Story Flex Space with Overhead
New
For Sale
$450,000
1112 Main St #1, Barnstable, MA 02655
A two-level layout separates office and meeting areas from ground-floor storage and a business bay.
Property Size2,016 SF
Price / SF$223.21
Days on Market2
Property Features for 1112 Main St #1
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Commercial
Zoning
SPLIT, Legal Conforming
Additional Details
Asking Price
$450,000
Property Use
Office
Taxes and HOA fees
Annual Taxes
$3,060
Building Details
Building Size
2,016 SF
Year Built
1984
Stories
2
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Condonrealty
Added: Oct 23
Last Checked: Oct 23 at 9:27AM
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.
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Investment Insights
Based on property information with market context.
This two-story commercial condominium contains approximately 2,016 square feet. The ground floor has a private office with built-in work surfaces, an adjoining business bay with an 8-foot overhead door, and several storage closets. Upstairs, two private offices accompany an open meeting area, a separate sitting room, a kitchenette, and a full bathroom.
The property is at 1112 Main Street in Barnstable, behind Osterville Jewelers, with access to Osterville Village amenities and Route 28. Its zoning is split RC/BA. Any potential use is subject to Town of Barnstable approval and condominium restrictions.
The property is at 1112 Main Street in Barnstable, behind Osterville Jewelers, with access to Osterville Village amenities and Route 28. Its zoning is split RC/BA. Any potential use is subject to Town of Barnstable approval and condominium restrictions.
Key Highlights
- Approximately 2,016 square feet across two floors
- Ground‑floor business bay has an 8‑foot overhead door
- Layout includes three private offices, meeting space, sitting room, kitchenette, and full bathroom
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
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
NOI $29,110 @ 7.0% cap · market cap 6.47%
Second Best
Flex RnD
$396.1K
$346.6K – $462.1K
NOI $27,726 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$821.5K
$718.8K – $958.5K
NOI $57,507 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 02655, MA
3,591
Population
3,014
Households
1.2
Avg Household Size
57
Median Age
58%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
552
Density / Sq Mi
$100,927
Median Household Income
$52,368
Median Earnings
$1,781
Median Rent
$746,200
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A two-level layout separates office and meeting areas from ground-floor storage and a business bay.
Where is this flex space located?
The property is located at 1112 Main St #1 Barnstable, 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; Ground‑floor business bay has an 8‑foot overhead door; Layout includes three private offices, meeting space, sitting room, kitchenette, and full bathroom
