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Street-Level Retail Suite
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211 Onset Ave. Unit A, Wareham, MA 02558

A compact storefront includes rear parking and access to shared restrooms.

Property Size5,677 SF
Price / SF$0.28
Days on Market5

Property Features for 211 Onset Ave. Unit A

General Information

Standard status Active
Size 5,677 SF
Property subtype Commercial

Additional Details

Floor Ground

Amenities

parking
common bathrooms

Building Details

Year Built 1940
Listing Agency: Heley Real Estate, LLC
Listed By: Andrew Heley
Source: Lockandkeyre
Added: Oct 21 Changed: Oct 25 Last Checked: Oct 25 at 2:36AM

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 Heley Real Estate, LLC

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Investment Insights

Based on property information with market context.

This street-level retail suite offers approximately 800 square feet, a storefront, and access to shared bathrooms in the rear hall. Rear parking is available for the space. The building was constructed in 1940.

Located at 211 Onset Ave. in Wareham, the suite is in Onset Village, near Onset Beach, restaurants, and public parking. Its setting along the village’s commercial corridor places it within a walkable area.

Key Highlights

  • Approximately 800 square feet of street‑level retail space
  • Rear parking available
  • Access to shared bathrooms in the rear hall

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$116,594
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,331,880 $2.3M
Cap Rate 7%
$1,665,629 $1.7M
Cap Rate 9%
$1,295,489 $1.3M
Market Conditions
NOI Build-Up for 5,677 SF
Gross rent
$170.3K $30.00/SF
− Vacancy
−$3.7K −$0.66/SF
EGI
$166.6K $29.34/SF
− OpEx
−$50.0K −$8.80/SF
NOI
$116.6K $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%
$2,331,880
Cap Rate 7%
$1,665,629
Cap Rate 9%
$1,295,489

Alternative Uses

Best Use
Retail
$1.67M
$1.46M – $1.94M (±1% cap)
NOI $116,594 @ 7.0% cap · market cap 7,287.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.31M
$2.02M – $2.70M (±1% cap)
NOI $161,939 @ 7.0% cap · market cap 10,121.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Locksmith Grocery & Convenience Store Bakery Big Box & Wholesale Store Carpet & Flooring Store

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

173
Businesses Nearby

Demographics for 02558, MA

2,178
Population
1,766
Households
1.2
Avg Household Size
52
Median Age
16%
College-Educated
95%
High-School Grad
1.1 sq mi
ZIP Area
1,980
Density / Sq Mi
$58,594
Median Household Income
$67,889
Median Earnings
$1,482
Median Rent
$426,900
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

Frequently Asked Questions

What type of property is this?
Retail space - A compact storefront includes rear parking and access to shared restrooms.
Where is this retail space located?
The property is located at 211 Onset Ave. Unit A Wareham, MA.
What are key features of this property?
This property features: Approximately 800 square feet of street‑level retail space; Rear parking available; Access to shared bathrooms in the rear hall
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