Two-Suite Office Building with
1200 Massachusetts 28 South Yarmouth, MA 02664
For Sale
$799,000
COMMERCIAL - South Yarmouth, MA
Property Size2,415 SF
Lot Size0.38 Acres
Price / SF$330.85
Days on Market48
Property Features for 1200 Massachusetts 28
General Information
Property type
Commercial Sale
Property subtype
Office
Appliances
Water Heater
Standard status
Active
APN
71-2-0
Size
2,415 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3410
Utilities
Sewer type
Septic Tank
Heating system
Forced Air, Natural Gas
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
Listing Agency:
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed By:
Bradford Kuhrtz
(508) 360-4523
Added: Jun 10
Changed: Jul 23
Last Checked: Jul 27 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This property is a +/-2,415 SF office building configured into two separate sides. One side is currently leased through Spring 2027, while the remaining space is available for immediate occupancy. The building includes multiple private offices, reception areas, conference space, storage, and three bathrooms. Egress is provided at both the front and rear, supporting straightforward day-to-day access and tenant operations.
The building is located at 1200 Massachusetts 28 in South Yarmouth, MA, with large signage along Route 28 and ample on-site parking. Visible frontage and parking help support both customer-facing and professional service uses.
For an owner-user, the layout provides room for multiple private work areas, a reception component, and conference space, while also allowing an immediate-occupancy side for day-to-day control. For buyers, the existing lease through Spring 2027 provides an income offset, with the B2 zoning district supporting a range of commercial and professional service uses to support flexibility for future occupancy plans.
The building is located at 1200 Massachusetts 28 in South Yarmouth, MA, with large signage along Route 28 and ample on-site parking. Visible frontage and parking help support both customer-facing and professional service uses.
For an owner-user, the layout provides room for multiple private work areas, a reception component, and conference space, while also allowing an immediate-occupancy side for day-to-day control. For buyers, the existing lease through Spring 2027 provides an income offset, with the B2 zoning district supporting a range of commercial and professional service uses to support flexibility for future occupancy plans.
Key Highlights
- ±2,415 SF office building configured into two separate sides (one leased through Spring 2027; other side available for immediate occupancy)
- Multiple private offices, reception areas, conference space, and storage plus 3 bathrooms
- Ample on‑site parking with front and rear egress
Financial Insights For Office B
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 | $84.6k | $35.04 |
| − Vacancy | −$16.9k | −$7.01 |
| EGI | $67.7k | $28.03 |
| − OpEx | −$16.9k | −$7.01 |
| NOI | $50.8k | $21.02 |
2,415 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$725.3K
$634.7K – $846.2K
NOI $50,773 @ 7.0% cap · market cap 6.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$984.1K
$861.1K – $1.15M
NOI $68,889 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - A 2,415 SF office building offers two sides, private offices, conference space, and large Route 28 signage.
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 $799,000.
What are key features of this property?
This property features: ±2,415 SF office building configured into two separate sides (one leased through Spring 2027; other side available for immediate occupancy); Multiple private offices, reception areas, conference space, and storage plus 3 bathrooms; Ample on‑site parking with front and rear egress
