Restaurant Building with Two
For Sale
Contact for pricing
304 Main St, Bourne, MA 02532
A restaurant-configured property includes a commercial kitchen, cold storage, and newer heating and air conditioning systems.
Property Size2,688 SF
Price / SF$1.49
Days on Market9
Property Features for 304 Main St
General Information
Standard status
Active
Size
2,688 SF
Property subtype
Commercial
Additional Details
Seating Capacity
99
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Plymouth Sails Realty, LLC
(508) 747-6003
Listed By:
Adrienne White
(508) 737-3297
Source:
Lockandkeyre
Added: Oct 21
Changed: Oct 29
Last Checked: Oct 28 at 8:14AM
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 Plymouth Sails Realty, LLC
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Investment Insights
Based on property information with market context.
Configured for restaurant operations, the 2,688-square-foot building includes two bars, a commercial kitchen, a walk-in freezer, and a walk-in cooler. Seating capacity is 99, and newer heating and air conditioning systems serve the space. The building was constructed in 1984.
The property is located at 304 Main St in Bourne, at the Bourne Rotary. An on-site parking lot serves customers and staff. A full liquor license was associated with the former restaurant operation; any transfer is subject to verification and applicable approvals.
The property is located at 304 Main St in Bourne, at the Bourne Rotary. An on-site parking lot serves customers and staff. A full liquor license was associated with the former restaurant operation; any transfer is subject to verification and applicable approvals.
Key Highlights
- 2,688‑square‑foot building configured as a restaurant
- Two bars and a commercial kitchen
- Walk‑in freezer and walk‑in cooler
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,455
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,100
$829.1K
Cap Rate 7%
$592,214
$592.2K
Cap Rate 9%
$460,611
$460.6K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$58.1K $21.60/SF
− Vacancy
−$2.8K −$1.04/SF
EGI
$55.3K $20.56/SF
− OpEx
−$13.8K −$5.14/SF
NOI
$41.5K $15.42/SF
Area
Barnstable County, MA
Vacancy
4.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$829,100
Cap Rate 7%
$592,214
Cap Rate 9%
$460,611
Alternative Uses
Best Use
Specialty Retail
$592.2K
$518.2K – $690.9K
NOI $41,455 @ 7.0% cap · market cap 1,036.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$958.5K – $1.28M
NOI $76,676 @ 7.0% cap · market cap 1,916.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 02532, MA
13,411
Population
7,362
Households
1.8
Avg Household Size
49
Median Age
43%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
972
Density / Sq Mi
$89,411
Median Household Income
$50,372
Median Earnings
$1,474
Median Rent
$477,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A restaurant-configured property includes a commercial kitchen, cold storage, and newer heating and air conditioning systems.
Where is this conventional restaurant located?
The property is located at 304 Main St Bourne, MA.
What are key features of this property?
This property features: 2,688‑square‑foot building configured as a restaurant; Two bars and a commercial kitchen; Walk‑in freezer and walk‑in cooler
