Renovated Office Condominium
For Sale
$749,000
420 Massachusetts 134, Dennis, MA 02638
Commercial Sale, Dennis, MA
Property Size3,179 SF
Price / SF$235.61
Days on Market150
Property Features for 420 Massachusetts 134
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
GC II
Parking features
Off Street
Elementary school district
Dennis-Yarmouth
Middle school district
Dennis-Yarmouth
High school district
Dennis-Yarmouth
Directions
Route 134 South Dennis, just south of the Cape Cod Rail Trail. Prominent Red & Black Building.
Subdivision
Dennis
Standard status
Active
APN
140-9-1
Size
3,179 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2370
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1966
Floors in Building
2
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Vinyl Siding, Wood Frame, Clapboard
Roof type
Asphalt, Composition
Listing Agency:
William Raveis Real Estate & Home Services
(774) 994-8082
Listed By:
Sharon K Dixon · License #MA 9518180
(508) 280-3443
Added: May 9
Changed: Sep 12
Last Checked: Oct 5 at 4:06PM
MLS# 22602077
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.
Two commercial condominium units comprise 3,179 square feet within a four-unit condominium complex. Unit #1 contains 1,667 square feet and is vacant, while Unit #2 contains 1,512 square feet and is occupied by a tenant with an option to renew for an additional two years. Both units have been renovated. The building includes forced-air, natural-gas heating, public water, septic service, tile and vinyl flooring, and a composition/asphalt roof. Construction features wood framing with vinyl siding and clapboard.
The property is located on Route 134 in South Dennis, with access to Route 6 and proximity to established commercial businesses. GC II zoning allows professional office and retail uses. Off-street parking is available.
The property is located on Route 134 in South Dennis, with access to Route 6 and proximity to established commercial businesses. GC II zoning allows professional office and retail uses. Off-street parking is available.
Key Highlights
- Two renovated commercial condominium units totaling 3,179 square feet
- Unit #1 offers 1,667 square feet and is currently vacant
- Unit #2 contains 1,512 square feet and has a tenant with an option to renew for an additional two years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,835
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,700
$1.3M
Cap Rate 7%
$954,786
$954.8K
Cap Rate 9%
$742,611
$742.6K
Market Conditions
NOI Build-Up for 3,179 SF
Gross rent
$111.4K $35.04/SF
− Vacancy
−$22.3K −$7.01/SF
EGI
$89.1K $28.03/SF
− OpEx
−$22.3K −$7.01/SF
NOI
$66.8K $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%
$1,336,700
Cap Rate 7%
$954,786
Cap Rate 9%
$742,611
Alternative Uses
Best Use
Office B
$954.8K
$835.4K – $1.11M
NOI $66,835 @ 7.0% cap · market cap 8.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.30M
$1.13M – $1.51M
NOI $90,682 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Explore this area
Business Placement
Demographics for 02638, MA
2,968
Population
3,043
Households
1
Avg Household Size
64
Median Age
40%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
530
Density / Sq Mi
$117,619
Median Household Income
$44,702
Median Earnings
$1,689
Median Rent
$714,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two commercial condominium suites provide a mix of vacant and tenant-occupied space within a four-unit complex.
Where is this office units located?
The property is located at 420 Massachusetts 134 Dennis, MA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two renovated commercial condominium units totaling 3,179 square feet; Unit #1 offers 1,667 square feet and is currently vacant; Unit #2 contains 1,512 square feet and has a tenant with an option to renew for an additional two years
