303 Orleans Road, North Chatham, MA 02650
COMMERCIAL - North Chatham, MA
- Added:
- Jun 15, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 17 at 3:06 am
Property Features for 303 Orleans Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Security features
- Security Lighting
- Appliances
- Water Heater
- Standard status
- Active
- APN
- CHAT M:0014I B:0040 L:0015-0
- Size
- 5,101 SF
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3968
Utilities
- Utilities
- Phone Available
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Wood Frame, Clapboard, Shingle Siding
- Roof type
- Asphalt
Listing agent Ward H Brown, III (508) 237-1112
Listing office William Raveis Real Estate & Home Services 37 Cross Street, Chatham, MA (508) 945-7777
Listing date Jun 15, 2026
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Very well maintained 5,101 SF commercial building on Rte 28 in North Chatham
- Three units, all currently on leases (real estate only; please respect tenants and patrons privacy)
- Many recent upgrades including roof, paved parking lot, signage, siding, and landscaping
- Central air cooling plus forced‑air natural gas heating
- Public water and septic tank sewer; water heater included
- Wood‑frame construction with clapboard and shingle siding; asphalt roof
Overview
Located on Route 28 in North Chatham, the site is supported by plenty of parking and visibility for retail customers. A large lot size of 0.92 acres is noted, providing room for the paved parking area and site improvements.
This offering is suited to buyers seeking an established retail income asset with three units already on leases. The current tenant and patron privacy should be respected, and all parties are encouraged to coordinate showings through appropriate channels. Overall, the combination of a multi-unit retail setup and documented exterior/parking upgrades may align well with operators and investors looking for a maintained, income-oriented retail property.
Local Financial Insights For 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 | $153.0k | $30.00 |
| − Vacancy | −$3.4k | −$0.66 |
| EGI | $149.7k | $29.34 |
| − OpEx | −$44.9k | −$8.80 |
| NOI | $104.8k | $20.54 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Chatham
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -69.963326
- Latitude
- 41.698437
