Spacious Corner Office
For Sale
$425,000
212 Orleans Road Unit A, Chatham, MA 02650
Corner office suite with ample parking and straightforward access, available for purchase as-is for your custom buildout.
Property Size1,123 SF
Price / SF$378.45
Days on Market432
Property Features for 212 Orleans Road Unit A
General Information
Standard status
Active
Size
1,123 SF
Property subtype
Commercial
Building Details
Year Built
1986
Listing Agency:
Gibson Sotheby's International Realty
Listed By:
Keith W Bradley
(508) 771-2008
Source:
Shorelandrealty
Added: May 27, 2025
Changed: Jul 10
Last Checked: Jul 17 at 9:46AM
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 Gibson Sotheby's International Realty
Investment Insights
Based on property information with market context.
This offering is a spacious corner office suite located in Unit A at 212 Orleans Road. The space totals 1,123 square feet and is presented as-is, with the expectation that it will be finished to fit the buyer’s specific needs and preferences.
The property is described as being in North Chatham, and the listing highlights lots of parking and ease of access, factors that can support daily client visits and employee convenience. The suite’s corner configuration can also be beneficial for interior layout planning.
For a business looking to establish or expand in a dedicated office setting, this unit provides a manageable footprint and a foundation that can be adapted through a custom interior plan. Since the property is sold as-is, buyers should plan for their preferred improvements and fit-out work to make the space functional for their operations.
The property is described as being in North Chatham, and the listing highlights lots of parking and ease of access, factors that can support daily client visits and employee convenience. The suite’s corner configuration can also be beneficial for interior layout planning.
For a business looking to establish or expand in a dedicated office setting, this unit provides a manageable footprint and a foundation that can be adapted through a custom interior plan. Since the property is sold as-is, buyers should plan for their preferred improvements and fit-out work to make the space functional for their operations.
Key Highlights
- Spacious corner office suite totaling 1,123 sq ft
- Located in North Chatham with lots of parking and easy access
- Year built: 1986
Financial Insights For Office B
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 | $39.3k | $35.04 |
| − Vacancy | −$7.9k | −$7.01 |
| EGI | $31.5k | $28.03 |
| − OpEx | −$7.9k | −$7.01 |
| NOI | $23.6k | $21.02 |
1,123 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$337.3K
$295.1K – $393.5K
NOI $23,610 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.6K
$400.4K – $533.9K
NOI $32,034 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
158
Businesses Nearby
Explore this area
Business Placement
Demographics for 02650, MA
829
Population
808
Households
1
Avg Household Size
67
Median Age
58%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
592
Density / Sq Mi
$65,982
Median Household Income
$52,885
Median Earnings
$973,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Corner office suite with ample parking and straightforward access, available for purchase as-is for your custom buildout.
Where is this office units located?
The property is located at 212 Orleans Road Unit A Chatham, MA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Spacious corner office suite totaling 1,123 sq ft; Located in North Chatham with lots of parking and easy access; Year built: 1986
