Building Details

Year Built 1963

Units 3

Listing Agency: William Raveis Real Estate & Home Services

Listed By: Ward H Brown, III Show Phone

Source: Capecodtoday

Added: Oct 30 Last Checked: Oct 30 at 3:37PM

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Investment Insights

Based on property information with market context.

This 5,101-square-foot retail property contains three units, each currently leased. Built in 1963, the building has received updates to its roof, paved parking area, signage, siding, and landscaping. The property is offered as real estate only, and a tenant holds a right of first refusal.

Located on Rte 28 in North Chatham, the property includes on-site parking.

Key Highlights

• 5,101‑square‑foot retail building with three leased units
• On Rte 28 in North Chatham
• Updates include the roof, paved parking area, signage, siding, and landscaping

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Repair Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

165

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 Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Strip mall - Situated on Rte 28, the property has updated exterior features and paved parking.

Where is this strip mall located?

The property is located at 303 Orleans Road North Chatham North Chatham, MA.

What is the lease rate?

The lease rate is $1,750,000.

What are key features of this property?

This property features: 5,101‑square‑foot retail building with three leased units; On Rte 28 in North Chatham; Updates include the roof, paved parking area, signage, siding, and landscaping