Back to Search
Flexible Commercial Condo with Storage

68 Nicolettas Mashpee, MA 02649

Claim this Listing
For Sale
$550,000

Commercial condo featuring showroom, office space, and fenced yard.

Property size:
2,464 SF
Price / SF:
$223.21/SF
Added:
May 1, 2025
Days on Market:
440
Last Refresh:
Mar 16 at 9:09 am

Property Features for 68 Nicolettas

General Information

Standard status
Active
Size
2,464 SF

Building Details

Year Built
2006

Listing office CHATELAIN REAL ESTATE

Listing date May 1, 2025

Source Corcoran

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 CHATELAIN REAL ESTATE


Investment Insights

Based on property information with market context.

This flexible commercial end-unit condo offers a range of possibilities with I-1 zoning. The first floor is divided between a full-height bay with loft storage and a showroom that includes a reception area and a bathroom. The second level features a large office space, a kitchenette, a full bathroom, and additional storage. Adjacent to the unit is a fenced yard storage space. The property size is 2464 square feet. The yearly fee is $1540.

Key Highlights

  • Flexible I‑1 zoning allows for a wide range of commercial uses.
  • End‑unit condo offers enhanced privacy and potentially more natural light.
  • Includes both showroom/reception area and large office space.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $53.2k $21.60
− Vacancy −$2.4k −$0.97
EGI $50.8k $20.63
− OpEx −$15.2k −$6.19
NOI $35.6k $14.44
2,464 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$740.0K
$647.5K – $863.4K (±1% cap)
NOI $51,803 @ 7.0% cap · market cap 9.42%
Second Best
Retail
$722.9K
$632.6K – $843.4K (±1% cap)
NOI $50,606 @ 7.0% cap · market cap 9.20%
Theoretical Best
Office A
$1.00M
$878.6K – $1.17M (±1% cap)
NOI $70,287 @ 7.0% cap · market cap 12.78%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

HVAC Service Auto Parts Store Furniture & Home Goods Bakery (Bike/Boat/Book/etc) Store Catering Service Cafe & Coffee Shop Veterinary Clinic Law Firm Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Commercial condo featuring showroom, office space, and fenced yard.
Where is this office units located?
The property is located at 68 Nicolettas Mashpee, MA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Flexible I‑1 zoning allows for a wide range of commercial uses.; End‑unit condo offers enhanced privacy and potentially more natural light.; Includes both showroom/reception area and large office space.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message