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Orleans Landmark: Multi-Use Potential

21 S Orleans Road, Orleans, MA 02653

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For Sale

$1,350,000

Stately building with retail space and apartments in prime location.

Type:Commercial

Property size:

4,416 SF

Price / SF:

$305/SF

Listing Contact

Tracey E Oringer

HighLights

Prime in‑town location with high visibility on Route 28 and views of Town Cove.
Multi‑use property with retail space and two apartments for rental income.
Ample parking (15 spaces) for retail customers.
Two upstairs apartments with water views (2‑bedroom and 1‑bedroom).
Additional 600 sqft of walk‑out lower level office/storage space.
Opportunity for business owners and investors due to versatile use and large square footage.

Learn more

For Sale

$1,350,000

Stately building with retail space and apartments in prime location.

Type:Commercial

Property size:

4,416 SF

Price / SF:

$305/SF

Added:: Apr 15, 2026
Days on Market:: 58
Last Refresh:: Apr 23 at 2:09 am

Property Features for 21 S Orleans Road

General Information

Standard status: Active
Size: 4,416 SF
Property subtype: Commercial

Building Details

Year Built: 1840

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Listing Contact

Tracey E Oringer

Listing agent Tracey E Oringer

Listing office Kinlin Grover Compass

Listing date Apr 15, 2026

Source Franksullivanrealestate

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

HighLights

Prime in‑town location with high visibility on Route 28 and views of Town Cove.
Multi‑use property with retail space and two apartments for rental income.
Ample parking (15 spaces) for retail customers.
Two upstairs apartments with water views (2‑bedroom and 1‑bedroom).
Additional 600 sqft of walk‑out lower level office/storage space.
Opportunity for business owners and investors due to versatile use and large square footage.

Overview

This Orleans landmark offers an ideal in-town location with high visibility and multi-use potential, including apartments and retail space. The sale includes the land and building. The prime retail space overlooks Route 28 at the front, providing exposure, and Town Cove at the rear. The retail space is entered at street level and includes office and break room areas. Ample parking is available with 15 spaces. There are two upstairs apartments, one with two bedrooms and the other with one bedroom, both offering water views. The walk-out lower level provides approximately 600 square feet of additional office or storage space. The building has a total size of 4416 square feet. This central location and versatile building presents an opportunity for business owners and investors.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$132.5k	$30.00
− Vacancy	−$2.9k	−$0.66
EGI	$129.6k	$29.34
− OpEx	−$38.9k	−$8.80
NOI	$90.7k	$20.54

4,416 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.30M

$1.13M – $1.51M (±1% cap)

NOI $90,696 @ 7.0% cap · market cap 6.72%

Second Best

Apartment 5plus

$1.26M

$1.11M – $1.47M (±1% cap)

NOI $88,489 @ 7.0% cap · market cap 6.55%

Theoretical Best

Office A

$1.80M

$1.57M – $2.10M (±1% cap)

NOI $125,968 @ 7.0% cap · market cap 9.33%

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

Location Intelligence

Current Use by Public Records

Yak Arts International Pottery Store

Suggested Use

Location Insight

Map
Local Demand

City: Orleans
County: Barnstable
State: Massachusetts
Longitude: -69.9872009
Latitude: 41.7898526

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For sale
Mixed-use properties
MA
Orleans
02653
21 S Orleans Road

What type of property is this?

Mixed-use property - Stately building with retail space and apartments in prime location.

Where is this mixed-use property located?

The property is located at 21 S Orleans Road Orleans, MA.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Prime in‑town location with high visibility on Route 28 and views of Town Cove.; Multi‑use property with retail space and two apartments for rental income.; Ample parking (15 spaces) for retail customers.