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Office Building with Available Space
For Sale
$759,000

1200 Massachusetts 28, South Yarmouth, MA 02664

Commercial Sale, South Yarmouth, MA

Property Size2,415 SF
Lot Size0.38 Acres
Price / SF$314.29
Days on Market143

Property Features for 1200 Massachusetts 28

General Information

Property type Commercial Sale
Property subtype Office
Zoning description B2
Appliances Water Heater
Elementary school district Dennis-Yarmouth
Middle school district Dennis-Yarmouth
High school district Dennis-Yarmouth
Directions Take US-6 E until Exit 75, take a right onto Stations Ave, Turn Right onto Wood Rd, Turn Left onto Rose Rd, Destination at the end of Rose Rd.
Subdivision Yarmouth
Standard status Active
APN 71-2-0
Size 2,415 SF
Lot size 0.38 Acres

Additional Details

Tenant in Place Yes
Property Use Office

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3410

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1972
Floors in Building 2
Flooring type Carpet, Hardwood
Building materials Shingle Siding
Roof type Asphalt
Buildings 1
Listing Agency: Commercial Realty Advisors, Inc.
Listed By: Bradford Kuhrtz · License #9065413-RE-S
Added: Jun 10 Changed: Oct 28 Last Checked: Oct 30 at 7:06AM
MLS# 22602796

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,415-square-foot office building is arranged as two distinct sides, with one portion leased through Spring 2027 and the other ready for occupancy. Interior features include multiple private offices, reception areas, conference space, storage, and three bathrooms, supported by front and rear egress. Hardwood and carpet flooring, central air, forced-air natural gas heating, and an asphalt roof are among the building improvements. Constructed in 1972, the property occupies 0.38 acres and uses a shingle-sided exterior.

Positioned at 1200 Massachusetts 28 in South Yarmouth, the property has large signage along Route 28 and ample on-site parking. The B2 zoning district supports commercial and professional service uses. Public water and a septic tank serve the property, creating a configuration suited to an owner-user requiring existing lease income alongside available office space.

Key Highlights

  • 2,415‑square‑foot office building configured as two separate sides
  • One side leased through Spring 2027; remaining space available for immediate occupancy
  • Multiple private offices, reception areas, conference space, storage, and three bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,773
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,460 $1.0M
Cap Rate 7%
$725,329 $725.3K
Cap Rate 9%
$564,144 $564.1K
Market Conditions
NOI Build-Up for 2,415 SF
Gross rent
$84.6K $35.04/SF
− Vacancy
−$16.9K −$7.01/SF
EGI
$67.7K $28.03/SF
− OpEx
−$16.9K −$7.01/SF
NOI
$50.8K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,460
Cap Rate 7%
$725,329
Cap Rate 9%
$564,144

Alternative Uses

Best Use
Office B
$725.3K
$634.7K – $846.2K (±1% cap)
NOI $50,773 @ 7.0% cap · market cap 6.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.1K
$861.1K – $1.15M (±1% cap)
NOI $68,889 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Lease Details

2
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 02664, MA

9,935
Population
7,185
Households
1.4
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,419
Density / Sq Mi
$78,796
Median Household Income
$43,285
Median Earnings
$1,692
Median Rent
$479,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Two-sided office configuration with leased and immediately available areas, private offices, signage, and on-site parking.
Where is this office building located?
The property is located at 1200 Massachusetts 28 South Yarmouth, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: 2,415‑square‑foot office building configured as two separate sides; One side leased through Spring 2027; remaining space available for immediate occupancy; Multiple private offices, reception areas, conference space, storage, and three bathrooms
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