Retail Property with
For Sale
$599,995
Pending
12 Merchants Landing, Sandwich, MA 02563
COMMERCIAL - Sandwich, MA
Property Size1,188 SF
Days on Market200
Property Features for 12 Merchants Landing
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
BL-1
Parking features
Parking Lot
Appliances
Water Heater
Lot features
Level
Elementary school district
Sandwich
Middle school district
Sandwich
High school district
Sandwich
Directions
Located in Merchants Square, Off of Route 6A. turn at lights onto Merchants Rd, Take 3rd right to Unit 11.
Subdivision
Sandwich
Standard status
Pending
APN
SAND M:0087 B:0043 L:0011
Size
1,188 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1889
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Flooring type
Vinyl
Building materials
Shingle Siding
Roof type
Asphalt
Listing Agency:
LAER Realty Partners
(508) 888-8999
Listed By:
James Kalweit
(508) 685-5310
Added: Jan 15
Changed: Jun 17
Last Checked: Aug 3 at 9:06PM
MLS# 22600159
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.
Investment Insights
Based on property information with market context.
This offering includes both the retail real estate and the associated business assets. The property is positioned within Merchant Square and is presented for sale as a turn-key opportunity for a buyer seeking a retail location with an operating-ready setup. Additional details on the interior layout are not provided, but the listing is marketed as a combined real estate and business purchase.
The property is located at 12 Merchants Landing in Sandwich, Massachusetts. The listing notes ample parking, strong visibility, and a convenient location within Merchant Square.
For tenants or buyers looking for a retail site in a concentrated shopping environment, the combination of Merchant Square positioning with on-site parking and visibility is intended to support everyday customer access. As presented, the sale also includes the business assets, and the listing indicates the buyer may be able to qualify for SBA lending. This makes the property potentially well-suited for an owner-operator or an investor seeking a retail purchase structured to accommodate SBA financing, subject to lender approval.
The property is located at 12 Merchants Landing in Sandwich, Massachusetts. The listing notes ample parking, strong visibility, and a convenient location within Merchant Square.
For tenants or buyers looking for a retail site in a concentrated shopping environment, the combination of Merchant Square positioning with on-site parking and visibility is intended to support everyday customer access. As presented, the sale also includes the business assets, and the listing indicates the buyer may be able to qualify for SBA lending. This makes the property potentially well-suited for an owner-operator or an investor seeking a retail purchase structured to accommodate SBA financing, subject to lender approval.
Key Highlights
- Includes both the real estate and established, successful business.
- Prime location in thriving Merchant Square with fantastic visibility.**
- Qualifies for SBA lending.
Financial Insights For Retail
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 | $35.6k | $30.00 |
| − Vacancy | −$784 | −$0.66 |
| EGI | $34.9k | $29.34 |
| − OpEx | −$10.5k | −$8.80 |
| NOI | $24.4k | $20.54 |
1,188 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$348.6K
$305.0K – $406.7K
NOI $24,399 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.1K
$423.6K – $564.8K
NOI $33,888 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
424
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 79%
Home Improvements & Furnishings 11%
Shops & Services 10%
Stop & Shop
Groceries
18,574 visits/mo
0.2 miles
Aubuchon Hardware
Home Improvements & Furnishings
2,640 visits/mo
0.2 miles
Citizens Bank
Shops & Services
2,235 visits/mo
0.1 miles
Demographics for 02563, MA
10,070
Population
4,898
Households
2.1
Avg Household Size
52
Median Age
52%
College-Educated
99%
High-School Grad
13.2 sq mi
ZIP Area
763
Density / Sq Mi
$117,558
Median Household Income
$49,726
Median Earnings
$1,764
Median Rent
$552,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail opportunity at Merchant Square with ample parking and strong visibility in a convenient town center setting.
Where is this retail space located?
The property is located at 12 Merchants Landing Sandwich, MA.
What is the asking price?
The asking price for this property is $599,995.
What are key features of this property?
This property features: Includes both the real estate and established, successful business.; Prime location in thriving Merchant Square with fantastic visibility.**; Qualifies for SBA lending.
