247 Main Street #UNIT 6 Barnstable, MA 02601
Completely renovated, 72-seat multi-level restaurant condo with spacious kitchen and Main Street deck.
Property Features for 247 Main Street #UNIT 6
General Information
- Standard status
- Active
- Size
- 2,783 SF
Building Details
- Year Built
- 1900
Listing office Premier Commercial (508) 962-5033
Listing date Jul 7, 2026
Source Laerrealty
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Investment Insights
Based on property information with market context.
The property is located on the East End of Main Street and is described as being in close proximity to Sea Captains Row and the 255 Main Street residential workforce developments. It is also near the USPO, shops, and the island ferry service and transportation center, placing it within an active retail and transit-oriented setting.
For restaurateurs seeking a new location or relocation, the combination of an existing licensed capacity, a fully renovated interior, and a commercial kitchen can help streamline the transition to operating a restaurant. The multi-level layout accommodates dining on more than one floor, while the Main Street-facing deck offers an additional outdoor option. Additional residential condo may be available for interested parties, and seller financing may be available for qualified buyers.
Key Highlights
- Completely renovated restaurant condo licensed for 72 seats on multiple levels
- Spacious commercial kitchen included
- Large deck overlooking Main Street; may be revitalized
Local Financial Insights For Specialty Retail
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 | $60.1k | $21.60 |
| − Vacancy | −$2.9k | −$1.04 |
| EGI | $57.2k | $20.56 |
| − OpEx | −$14.3k | −$5.14 |
| NOI | $42.9k | $15.42 |
