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Contractor Flex Bay
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1332 Main St # E, Barnstable, MA 02668

Built in 2023 with Route 28 access and RC;BA zoning.

Property Size1,200 SF
Price / SF$2.50
Days on Market49

Property Features for 1332 Main St # E

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial
Zoning RC;BA
Lease Type NNN

Taxes and HOA fees

Annual Taxes $8,367

Building Details

Building Size 1,200 SF
Year Built 2023
Listing Agency: Commercial Realty Advisors, Inc.
Listed By: Kevin A. Pepe
Source: Churchillprop
Added: Sep 11 Changed: Oct 25 Last Checked: Oct 28 at 5:30AM

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.

Rey
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Investment Insights

Based on property information with market context.

Unit E is a 1,200-square-foot flex space at 1332 Main St in Osterville, Massachusetts. Constructed in 2023, the property is configured as contractor bay space for trades and small commercial operations. The unit is identified within a larger commercial property and carries RC;BA zoning.

The site is positioned along Main Street with access to Route 28. Its location in Osterville places the space within the Barnstable, MA market.

Key Highlights

  • 1,200± square feet of contractor bay space
  • Unit E at 1332 Main St, Osterville, MA 02668
  • Constructed in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,504
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,080 $330.1K
Cap Rate 7%
$235,771 $235.8K
Cap Rate 9%
$183,378 $183.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$27.4K $22.80/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$25.4K $21.16/SF
− OpEx
−$8.9K −$7.41/SF
NOI
$16.5K $13.75/SF
Area
Barnstable County, MA
Vacancy
7.20%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,080
Cap Rate 7%
$235,771
Cap Rate 9%
$183,378

Alternative Uses

Best Use
Warehouse
$300.6K
$263.0K – $350.7K (±1% cap)
NOI $21,041 @ 7.0% cap · market cap 701.37%
Second Best
Industrial
$247.5K
$216.6K – $288.8K (±1% cap)
NOI $17,328 @ 7.0% cap · market cap 577.60%
Theoretical Best
Office A
$489.0K
$427.9K – $570.5K (±1% cap)
NOI $34,231 @ 7.0% cap · market cap 1,141.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Building Supply Pharmacy Big Box & Wholesale Store Dental Office Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02668, MA

3,222
Population
1,315
Households
2.5
Avg Household Size
52
Median Age
47%
College-Educated
99%
High-School Grad
14.3 sq mi
ZIP Area
225
Density / Sq Mi
$108,042
Median Household Income
$56,905
Median Earnings
$622,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Built in 2023 with Route 28 access and RC;BA zoning.
Where is this flex space located?
The property is located at 1332 Main St # E Barnstable, MA.
What are key features of this property?
This property features: 1,200± square feet of contractor bay space; Unit E at 1332 Main St, Osterville, MA 02668; Constructed in 2023
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Includes: Price & PSF · Cap rate · Location · Zoning

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