Two-Story Office
For Sale
$2,300,000
31 Meetinghouse Road, South Chatham, MA 02659
Commercial Sale, South Chatham, MA
Property Size5,712 SF
Lot Size1.21 Acres
Price / SF$402.66
Days on Market197
Property Features for 31 Meetinghouse Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R 60
Parking
25
Parking features
Parking Lot
Basement
Full, Walk-Out Access
Appliances
Water Heater
Lot features
Interior Lot, Gentle Sloping
Elementary school district
Monomoy
Middle school district
Monomoy
High school district
Monomoy
Directions
RT 28 to RT 137. First property on the left across from church
Subdivision
Chatham
Standard status
Active
APN
4E-11
Size
5,712 SF
Lot size
1.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4051
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Floors in Building
2
Flooring type
Wood, Laminate
Building materials
Wood Frame, Clapboard, Shingle Siding
Roof type
Asphalt
Listing Agency:
William Raveis Real Estate & Home Services
(508) 945-7777
Listed By:
John B Burke
(508) 245-2322
Added: Mar 23
Changed: Oct 3
Last Checked: Oct 5 at 3:06PM
MLS# 22600906
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.
Investment Insights
Based on property information with market context.
This two-story office property includes a separate seven-unit storage building positioned behind the main structure. The office building contains 5712 square feet and was originally constructed in 1964, with a comprehensive rebuild and renovation completed in 2013. Wood-frame construction, clapboard and shingle siding, laminate and wood flooring, central air, and natural-gas heating are among the existing features.
The property occupies 1.21 acres at 31 Meetinghouse Road in South Chatham, with convenient access just off Rt 28. Public water and public sewer serve the site, which also includes a parking lot and an asphalt roof. Its location provides access to Chatham and Harwich Port while combining office space with separate storage improvements.
The property occupies 1.21 acres at 31 Meetinghouse Road in South Chatham, with convenient access just off Rt 28. Public water and public sewer serve the site, which also includes a parking lot and an asphalt roof. Its location provides access to Chatham and Harwich Port while combining office space with separate storage improvements.
Key Highlights
- 5712‑square‑foot office building on 1.21 acres
- Separate seven‑unit storage bay building
- Completely rebuilt and renovated in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,089
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,401,780
$2.4M
Cap Rate 7%
$1,715,557
$1.7M
Cap Rate 9%
$1,334,322
$1.3M
Market Conditions
NOI Build-Up for 5,712 SF
Gross rent
$200.1K $35.04/SF
− Vacancy
−$40.0K −$7.01/SF
EGI
$160.1K $28.03/SF
− OpEx
−$40.0K −$7.01/SF
NOI
$120.1K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,401,780
Cap Rate 7%
$1,715,557
Cap Rate 9%
$1,334,322
Alternative Uses
Best Use
Office B
$1.72M
$1.50M – $2.00M
NOI $120,089 @ 7.0% cap · market cap 5.22%
Second Best
Warehouse
$1.43M
$1.25M – $1.67M
NOI $100,153 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $162,937 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 02659, MA
1,100
Population
1,187
Households
0.9
Avg Household Size
60
Median Age
62%
College-Educated
98%
High-School Grad
2.0 sq mi
ZIP Area
550
Density / Sq Mi
$87,368
Median Household Income
$62,578
Median Earnings
$1,232
Median Rent
$650,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Includes a separate seven-unit storage building, parking lot, and public water and sewer service.
Where is this office building located?
The property is located at 31 Meetinghouse Road South Chatham, MA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 5712‑square‑foot office building on 1.21 acres; Separate seven‑unit storage bay building; Completely rebuilt and renovated in 2013
