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Mixed-Use Building with Retail
For Sale
$1,150,000

21 S Orleans Road, Orleans, MA 02653

Commercial Sale, Orleans, MA

Property Size4,416 SF
Lot Size0.46 Acres
Price / SF$260.42
Days on Market175

Property Features for 21 S Orleans Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description LB
Parking features Parking Lot
Basement Partial
Appliances Water Heater
Lot features Views, Gentle Sloping, Easements, Roadway
View Ocean
Elementary school district Nauset
Middle school district Nauset
High school district Nauset
Directions Yak Arts Building on Route 28 near Ace Hardware
Subdivision Orleans
Standard status Active
APN ORLE M:026.0 B:0067 L:0000.0
Size 4,416 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7994

Utilities

Heating system Oil
Water source Public

Building Details

Year built 1840
Floors in Building 3
Flooring type Laminate, Wood, Carpet
Building materials Shingle Siding
Roof type Asphalt
Listing Agency: Kinlin Grover Compass
Listed By: Tracey E Oringer · License #9554775
Added: Apr 16 Changed: Sep 25 Last Checked: Oct 7 at 12:06PM
MLS# 22601510

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,416-square-foot mixed-use property combines ground-floor retail with office and break-room space, two apartments above, and a walk-out lower level of approximately 600 square feet suited to office or storage use. The apartments include one two-bedroom unit and one one-bedroom unit. Both have water views. The sale covers the land and building, not a business.

The 0.46-acre property fronts Route 28, with Town Cove behind it. A parking lot provides 15 spaces. Built in 1840, the building has shingle siding, laminate, wood, and carpet flooring, oil heat, and a public water source.

Key Highlights

  • 4,416‑square‑foot mixed‑use building on 0.46 acres
  • Ground‑floor retail with office and break‑room areas
  • Two apartments: one 2‑bedroom and one 1‑bedroom, each with water views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,696
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,920 $1.8M
Cap Rate 7%
$1,295,657 $1.3M
Cap Rate 9%
$1,007,733 $1.0M
Market Conditions
NOI Build-Up for 4,416 SF
Gross rent
$132.5K $30.00/SF
− Vacancy
−$2.9K −$0.66/SF
EGI
$129.6K $29.34/SF
− OpEx
−$38.9K −$8.80/SF
NOI
$90.7K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,813,920
Cap Rate 7%
$1,295,657
Cap Rate 9%
$1,007,733

Alternative Uses

Best Use
Retail
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,696 @ 7.0% cap · market cap 7.89%
Second Best
Apartment 5plus
$1.26M
$1.11M – $1.47M (±1% cap)
NOI $88,489 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,968 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Yak Arts International Art Gallery

Suggested Use

Top Pick Auto Parts Store Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Catering Service

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

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 29% Apparel 28% Groceries 28% Home Improvements & Furnishings 9%
T.J. Maxx Apparel
26,075 visits/mo 0.4 miles
Stop & Shop Groceries
26,053 visits/mo 0.5 miles
Mobil Shops & Services
8,496 visits/mo 0.3 miles
Baskin's Ace Hardware Home Improvements & Furnishings
6,922 visits/mo 0.2 miles
Cumberland Farms Shops & Services
6,253 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upper-floor apartments complement the ground-level commercial space and dedicated office areas.
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 $1,150,000.
What are key features of this property?
This property features: 4,416‑square‑foot mixed‑use building on 0.46 acres; Ground‑floor retail with office and break‑room areas; Two apartments: one 2‑bedroom and one 1‑bedroom, each with water views
More about this property
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