Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    331 Cotuit Rd Sandwich, MA 2563

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $249,000

    Restaurant business for sale in busy Sandwich business district.

    Type:Commercial
    Added:
    Oct 27, 2025
    Days on Market:
    158
    Last Refresh:
    Mar 26 at 1:39 am

    Property Features for 331 Cotuit Rd

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2018

    We can help!

    Listing Contact
    Nikolas Atsalis

    Listing agent Nikolas Atsalis

    Listing office Premier Commercial

    Listing date Oct 27, 2025

    Source Corcoran

    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 Premier Commercial

    Overview

    Turn-Key Restaurant Opportunity

    This is a business-only sale for a turn-key restaurant opportunity located in the heart of Sandwich. The restaurant, known as TOMATILLOS, has been recently remodeled and is fully equipped. Situated in a busy business district, the location benefits from exceptional visibility and steady year-round traffic from visitors and locals. This established location offers a seamless transition for an owner/operator or investor looking to step into a proven Cape Cod business. The restaurant is known for excellent service, food, spirits, and live entertainment, and features a spacious dance floor. It has a seating capacity of 90, including a large full-service bar. Substantial parking is available in the common area parking lots. Tomatillos is located within the heart of the Sandwich Route 130/Cotuit Road Business District. The space was recently remodeled to freshen the decor and increase the restaurant's seating capacity in the dining areas and bar. The kitchen and prep areas are fully stocked.
    Location Intelligence

    Current Use by Public Records

    Lim Robert S ... Dental Office Dr. James D. ... Dental Office Hometown Juice & Co Specialty Food Shop J. Devon Lutz ... Dental Office Canterbury Plaza Business Service Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sandwich
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.4883
    Latitude
    41.7087

    Nearby Similar for Sale

    • $309,000
      908 SF

      East Sandwich Commercial Condo

      Commercial condo in Merchant's Square, ideal for retail or office.
      4 Merchants Road unit: 4, Sandwich, MA 02563
      View Details
    • $599,995
      1,188 SF

      Retail Property in Merchant Square

      Thriving Merchant Square location with established business and real estate.
      12 Merchants Landing unit: 11, Sandwich, MA 02563
      View Details
    • $249,999
      14,976 SF

      Turn-Key Restaurant in Sandwich

      Established restaurant for sale in a high-traffic business district.
      331 Cotuit Road unit: 2-5, Sandwich, MA 02563
      View Details
    • $750,000

      Turnkey Restaurant Opportunity in Sandwich

      Restaurant for sale in a desirable New England community.
      1 Water Street, Sandwich, MA 02563
      View Details
    • $309,000
      908 SF

      East Sandwich Commercial Condo For Sale

      Commercial condo in Merchant's Square, ideal for retail/office.
      4 Merchants, Sandwich, MA 02563
      View Details
    • $599,995
      1,188 SF

      Thriving Business and Real Estate

      Successful business and real estate for sale in Sandwich.
      12 Merchants, Sandwich, MA 02563
      View Details
    • $1,699,000
      3,250 SF

      Route 6A Restaurant Opportunity

      Restaurant for sale on historic Route 6A in Sandwich.
      406 Route 6a, Sandwich, MA 02537
      View Details
    • Contact for pricing
      1,158 SF

      Industrial/Office Condo in Sandwich

      Industrial/office condo with flexible layout and rear access.
      15 Jan Sebastian, Sandwich, MA 02563
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant business for sale in busy Sandwich business district.
    Where is this conventional restaurant located?
    The property is located at 331 Cotuit Rd Sandwich, MA.
    What is the asking price?
    The asking price for this property is $249,000.
    What are key features of this property?
    This property features: Turn‑key restaurant (BUSINESS ONLY SALE) in a high‑traffic location.; Recently remodeled and fully equipped, ready for new ownership.; Established business with proven Cape Cod address.
    (508) 815-5701
    We can help!
    Listing Contact
    Nikolas Atsalis
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!