Two-Story Flex
1112 Main Street Unit A1, Osterville, MA 02655
For Sale
Contact for pricing
A ground-floor storage bay pairs with finished offices, meeting space, and a kitchenette on the upper level.
Property Size2,016 SF
Price / SF$223.21
Days on Market28
Property Features for 1112 Main Street Unit A1
General Information
Standard status
Size
Property subtype
Zoning
Building Details
Stories
Construction
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin Pepe
(508) 962-5022
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 8 at 5:29PM
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 2,016± SF commercial condominium is arranged over two floors in a steel-frame building. The lower level combines a private office with built-in work surfaces, a storage bay served by one overhead door, several closets, and a bathroom. Upstairs are two private offices, an open meeting area, a separate sitting room, a kitchenette, and a full bathroom.
The unit is at 1112 Main Street, behind Osterville Jewelers. Its zoning is split between Residential Conservation and Business A (RC/BA), with permitted uses subject to confirmation and condominium restrictions. The property is identified in Phase 2 of Barnstable’s Comprehensive Wastewater Management Plan, the 11-20-year sewer-expansion phase.
The unit is at 1112 Main Street, behind Osterville Jewelers. Its zoning is split between Residential Conservation and Business A (RC/BA), with permitted uses subject to confirmation and condominium restrictions. The property is identified in Phase 2 of Barnstable’s Comprehensive Wastewater Management Plan, the 11-20-year sewer-expansion phase.
Key Highlights
- 2,016± SF of commercial condominium space across two floors
- Ground‑level storage bay with one overhead door
- Office, meeting, sitting, and kitchenette areas on the upper floor
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
$746,200
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Barnstable County, MA
Properties on Market for Flex space in Barnstable County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A ground-floor storage bay pairs with finished offices, meeting space, and a kitchenette on the upper level.
Where is this flex space located?
The property is located at 1112 Main Street Unit A1 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: 2,016± SF of commercial condominium space across two floors; Ground‑level storage bay with one overhead door; Office, meeting, sitting, and kitchenette areas on the upper floor
