Thriving Business in Merchant
For Sale
$599,995
Pending
12 Merchants Landing #UNIT 11, Sandwich, MA 02563
Successful business and real estate for sale in Sandwich, MA.
Property Size1,188 SF
Days on Market191
Property Features for 12 Merchants Landing #UNIT 11
General Information
Standard status
Pending
Size
1,188 SF
Zoning
BL-1
Taxes and HOA fees
Annual Taxes
$1,889
Building Details
Building Size
1,188 SF
Year Built
1984
Stories
1
Listing Agency:
LAER Realty Partners
Listed By:
James Kalweit · License #9504840
(508) 685-5310
Source:
Laerrealty
Added: Apr 15
Changed: Oct 4
Last Checked: Oct 20 at 5:51PM
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 LAER Realty Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the thriving Merchant Square, this property offers a convenient location with fantastic visibility and ample parking. The sale includes both the real estate and business assets of a long-standing and successful business. The owner is selling due to relocation out of state. The property may qualify for SBA lending.
Key Highlights
- Prime location in thriving Merchant Square.
- Successful, long‑standing business included in sale.
- Real estate included in sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,399
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,980
$488.0K
Cap Rate 7%
$348,557
$348.6K
Cap Rate 9%
$271,100
$271.1K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$35.6K $30.00/SF
− Vacancy
−$784 −$0.66/SF
EGI
$34.9K $29.34/SF
− OpEx
−$10.5K −$8.80/SF
NOI
$24.4K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$487,980
Cap Rate 7%
$348,557
Cap Rate 9%
$271,100
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
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
Frequently Asked Questions
What type of property is this?
Retail space - Successful business and real estate for sale in Sandwich, MA.
Where is this retail space located?
The property is located at 12 Merchants Landing #UNIT 11 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: Prime location in thriving Merchant Square.; Successful, long‑standing business included in sale.; Real estate included in sale.
