Bar and Lounge with
270 Onset Ave Wareham, MA 02571
270 Onset Ave, Wareham, MA, 02571
$800,000
For Sale
$800,000
Bar and lounge sale includes adjacent lot, with sprinkler system, parking for 50, and capacity for 214.
Property Size3,795 SF
Price / SF$210.80
Days on Market49
Property Features for 270 Onset Ave
General Information
- Standard status
- Active
- Size
- 3,795 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2020
Listing Agency
KAM Realty
(508) 264-9811
Listed by
Kenneth A Mongeon · License #9506115
(508) 264-9811
Source
Alliancepartnersre
Added: Jun 3 Updated: Jul 20 at 5:05 pm Checked: Jul 20 at 5:05 pm
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 KAM Realty
Investment Insights
Based on property information with market context.
For sale: a well-known bar/loung​​e property being conveyed with all equipment and inventory, along with an adjacent lot. The building is described as sprinkled and ready to go, with a stated capacity of 214 people and parking for 50 cars.
The offering includes frontage on Onset and Storer streets, and the seller notes that two liquor licenses are available in town. Located in Onset, Massachusetts, the property is positioned as a redevelopment opportunity with opportunities beyond the existing use.
Capacity and on-site parking support day-to-day operations, while the included adjacent land expands the redevelopment footprint for future plans.
The offering includes frontage on Onset and Storer streets, and the seller notes that two liquor licenses are available in town. Located in Onset, Massachusetts, the property is positioned as a redevelopment opportunity with opportunities beyond the existing use.
Capacity and on-site parking support day-to-day operations, while the included adjacent land expands the redevelopment footprint for future plans.
Key Highlights
- Bar and lounge building built in 2020
- Capacity for 214 people with parking for 50 cars
- Frontage on Onset and Storer Street
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 | $95.6k | $25.20 |
| − Vacancy | −$2.1k | −$0.55 |
| EGI | $93.5k | $24.65 |
| − OpEx | −$23.4k | −$6.16 |
| NOI | $70.1k | $18.48 |
3,795 SF · lease $25.20/SF/yr · vacancy 2.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.00M
$876.9K – $1.17M
NOI $70,148 @ 7.0% cap · market cap 8.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.25M
$1.97M – $2.62M
NOI $157,264 @ 7.0% cap · market cap 19.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
FAQs
What type of property is this?
Bar & Pub - Bar and lounge sale includes adjacent lot, with sprinkler system, parking for 50, and capacity for 214.
Where is this bar & pub located?
The property is located at 270 Onset Ave Wareham, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Bar and lounge building built in 2020; Capacity for 214 people with parking for 50 cars; Frontage on Onset and Storer Street
