Turnkey Restaurant with Patio
For Sale
$679,000
Pending
222 Main St, Orleans, MA 02653
East Orleans restaurant with seating, patio, and liquor license.
Property Size1,693 SF
Lot Size0.47 Acres
Days on Market2165
Property Features for 222 Main St
General Information
Standard status
Pending
Size
1,693 SF
Lot size
0.47 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1930
Listing Agency:
Kinlin Grover Compass Commercial
(508) 255-1295
Listed By:
Nat Santoro · License #141467
(508) 255-1295
Source:
Exitrealty
Added: Aug 26, 2020
Changed: Jul 6
Last Checked: Jul 30 at 1:13PM
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 Kinlin Grover Compass Commercial
Investment Insights
Based on property information with market context.
This turnkey restaurant, located in the heart of East Orleans, offers seating for 55 patrons and includes a patio area. Known as "Toast to the Coast", the restaurant has established itself as a place for breakfast and lunch, with options for dining inside, on the patio, or ordering online for take-out. The property has been recently updated with a new look. The business and real estate are for sale, presenting a potential buyer with the opportunity to add dinner service to increase revenue. A full liquor license is in place. The property size is 1693 square feet.
Key Highlights
- Turnkey 55‑seat breakfast and lunch restaurant with patio seating
- Prime location in the heart of East Orleans
- Established business with online ordering for take‑out
Financial Insights For Specialty Retail
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 | $36.6k | $21.60 |
| − Vacancy | −$1.8k | −$1.04 |
| EGI | $34.8k | $20.56 |
| − OpEx | −$8.7k | −$5.14 |
| NOI | $26.1k | $15.42 |
1,693 SF · lease $21.60/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$373.0K
$326.4K – $435.2K
NOI $26,110 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$689.9K
$603.7K – $804.9K
NOI $48,294 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02653, MA
6,307
Population
5,685
Households
1.1
Avg Household Size
63
Median Age
59%
College-Educated
99%
High-School Grad
12.1 sq mi
ZIP Area
521
Density / Sq Mi
$98,798
Median Household Income
$45,853
Median Earnings
$1,181
Median Rent
$816,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Family House BNB — 15 Pine Ridge Ln, Orleans, MA 02653
Frequently Asked Questions
What type of property is this?
Breakfast & diner - East Orleans restaurant with seating, patio, and liquor license.
Where is this breakfast & diner located?
The property is located at 222 Main St Orleans, MA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Turnkey 55‑seat breakfast and lunch restaurant with patio seating; Prime location in the heart of East Orleans; Established business with online ordering for take‑out
