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Waterfront Restaurant Compound

126 Route 28 Harwich West Harwich, MA 02671

126 Route 28 Harwich, West Harwich, MA, 02671
$2,795,000
For Sale
$2,795,000

Waterfront property with multiple buildings totaling 11,900 SF and a commercial kitchen in a prior restaurant space.

Property Size11,900 SF
Price / SF$234.87
Days on Market54

Property Features for 126 Route 28 Harwich

General Information

Standard status
Active
Size
11,900 SF

Building Details

Year Built
1894
Listing agency
Listed by Amanda Lucido Hodges
Source Bournetosellrealestate
Added: May 29 Updated: Jul 21 at 7:59AM Checked: Jul 21 at 7:59AM

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 Amanda Lucido Hodges


Investment Insights

Based on property information with market context.

Over 2.22 acres of waterfront land overlooking the Herring River, with dockage potential and two landing areas for water access. The site includes four buildings totaling 11,900 SF.

The main building is 7,922 SF and features a large restaurant space previously along with a spacious commercial kitchen area. Municipal records indicate the previous restaurant had capacity of around 375 persons. The main building also includes three to four bedrooms and five bathrooms.

Behind the main building is the Backhouse with seven bedrooms and four bathrooms, including living and dining rooms and a deck overlooking the Herring River. To the left of the main house is the Side Cottage with four bedrooms and two baths. A large shed building to the rear is included for storage.

Key Highlights

  • Over 2.22 acres of waterfront property overlooking The Herring River
  • Waterfront with two landing areas and dockage potential for access to Nantucket Sound via the river
  • Four buildings totaling 11,900 SF, including a 7,922 SF main building

Local 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 $257.0k $21.60
− Vacancy −$12.3k −$1.04
EGI $244.7k $20.56
− OpEx −$61.2k −$5.14
NOI $183.5k $15.42
11,900 SF · lease $21.60/SF/yr · vacancy 4.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$2.62M
$2.29M – $3.06M (±1% cap)
NOI $183,527 @ 7.0% cap · market cap 6.57%
Second Best
Industrial
$2.45M
$2.15M – $2.86M (±1% cap)
NOI $171,831 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$4.85M
$4.24M – $5.66M (±1% cap)
NOI $339,453 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Waterfront Land

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Barber Shop (Bike/Boat/Book/etc) Store Florist Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Acupuncture Grocery & Convenience Store

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

FAQs

What type of property is this?
Waterfront Land - Waterfront property with multiple buildings totaling 11,900 SF and a commercial kitchen in a prior restaurant space.
Where is this waterfront land located?
The property is located at 126 Route 28 Harwich West Harwich, MA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Over 2.22 acres of waterfront property overlooking The Herring River; Waterfront with two landing areas and dockage potential for access to Nantucket Sound via the river; Four buildings totaling 11,900 SF, including a 7,922 SF main building
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