Wellfleet Office with Expansion
For Sale
$849,000
2548 State Hwy Rte 6, Wellfleet, MA 02667
2,189 SF office on 0.79 acres near Wellfleet Center.
Property Size2,189 SF
Lot Size0.79 Acres
Price / SF$387.85
Days on Market99
Property Features for 2548 State Hwy Rte 6
General Information
Standard status
Active
Size
2,189 SF
Lot size
0.79 Acres
Property subtype
Commercial
Building Details
Year Built
1929
Listing Agency:
Kinlin Grover Compass Commercial
(508) 255-1295
Listed By:
Nat Santoro · License #141467
(508) 255-1295
Source:
Liongatere
Added: Apr 25
Changed: Jul 10
Last Checked: Jul 31 at 12:15PM
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 Commercial
Investment Insights
Based on property information with market context.
Located on Route 6, just before the Wellfleet Center intersection, this property features a 2,189 square foot office space. Situated on 0.79 acres, the site offers potential for expansion. The property benefits from high traffic volume, providing an opportunity for prominent signage to enhance business visibility. Currently, the property has tenants in place.
Key Highlights
- High‑traffic location on Route 6, ideal for business visibility.
- 2,189 square foot office space adaptable to various needs.**
- 0.79‑acre lot with expansion potential.
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 | $76.7k | $35.04 |
| − Vacancy | −$15.3k | −$7.01 |
| EGI | $61.4k | $28.03 |
| − OpEx | −$15.3k | −$7.01 |
| NOI | $46.0k | $21.02 |
2,189 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$892.0K
$780.5K – $1.04M
NOI $62,442 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
Demographics for 02667, MA
3,309
Population
4,139
Households
0.8
Avg Household Size
60
Median Age
56%
College-Educated
99%
High-School Grad
16.9 sq mi
ZIP Area
196
Density / Sq Mi
$115,469
Median Household Income
$48,186
Median Earnings
$1,200
Median Rent
$760,000
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 - 2,189 SF office on 0.79 acres near Wellfleet Center.
Where is this office units located?
The property is located at 2548 State Hwy Rte 6 Wellfleet, MA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: High‑traffic location on Route 6, ideal for business visibility.; 2,189 square foot office space adaptable to various needs.**; 0.79‑acre lot with expansion potential.
