Route 28 Office
1200 Route 28 Yarmouth, MA 02664
1200 Route 28, Yarmouth, MA, 02664
$799,000
For Sale
$799,000
Office building with multiple private offices, conference space, and on-site parking, plus large Route 28 signage.
Property Size2,415 SF
Price / SF$330.85
Days on Market41
Property Features for 1200 Route 28
General Information
- Standard status
- Active
- Size
- 2,415 SF
Building Details
- Year Built
- 1972
Listing agency
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed by
Kevin A Pepe
Source
Laerrealty
Added: Jun 12 Updated: Jul 21 at 4:54AM Checked: Jul 22 at 2:39AM
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 Commercial Realty Advisors, Inc.
Investment Insights
Based on property information with market context.
This Route 28 office building features multiple private offices, reception areas, conference space, storage, and three bathrooms. The property also includes front and rear egress and offers ample on-site parking. A tenant income component is available as part of the sale.
The building is located on Route 28 in Yarmouth and has large signage along Route 28 for added visibility. It is in a B2 zoning district that supports a range of commercial and professional service uses, providing flexibility for an owner-user.
The existing layout includes dedicated work areas, meeting/conference space, and storage, supported by the building’s multiple bathrooms and two-sided egress.
The building is located on Route 28 in Yarmouth and has large signage along Route 28 for added visibility. It is in a B2 zoning district that supports a range of commercial and professional service uses, providing flexibility for an owner-user.
The existing layout includes dedicated work areas, meeting/conference space, and storage, supported by the building’s multiple bathrooms and two-sided egress.
Key Highlights
- 2,415 SF office building built in 1972 at 1200 Rt 28 in South Yarmouth
- Multiple private offices plus reception areas, conference space, and storage
- Three bathrooms and front and rear egress
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building with multiple private offices, conference space, and on-site parking, plus large Route 28 signage.
Where is this office building located?
The property is located at 1200 Route 28 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 built in 1972 at 1200 Rt 28 in South Yarmouth; Multiple private offices plus reception areas, conference space, and storage; Three bathrooms and front and rear egress
