First-Floor Rehabilitation
For Sale
$399,000
Pending
5 Bay State Court, Brewster, MA 02631
Commercial Sale, Brewster, MA
Property Size933 SF
Days on Market207
Property Features for 5 Bay State Court
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
VB
Appliances
Water Heater
Lot features
Cleared
Elementary school district
Nauset
Middle school district
Nauset
High school district
Nauset
Directions
6A to 5 Bay State Court Unit 5
Subdivision
Brewster
Standard status
Pending
APN
BREW M:138 B:47 L:4923
Size
933 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1194
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1987
Floors in Building
1
Flooring type
Carpet
Building materials
Shingle Siding
Roof type
Asphalt
Listing Agency:
Bayside Realty Consultants
(508) 432-2211
Listed By:
Kimberly A Clark
(508) 685-6660
Added: Mar 13
Changed: Sep 12
Last Checked: Oct 5 at 2:06PM
MLS# 22600730
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 933-square-foot first-floor rehabilitation center, built in 1987, is configured as a functioning physical therapy office. The layout includes multiple treatment rooms, an ADA-compliant bathroom, carpeted flooring, central air, forced-air heating, and a water heater. The property has shingle siding, an asphalt roof, public water, and a septic tank.
The sale includes the real estate, operating business, physical therapy equipment, and an established patient database. Parking is available for staff and patients, and the seller is willing to assist with the transition. The property is located in Brewster near the Orleans town line.
The sale includes the real estate, operating business, physical therapy equipment, and an established patient database. Parking is available for staff and patients, and the seller is willing to assist with the transition. The property is located in Brewster near the Orleans town line.
Key Highlights
- 933‑square‑foot first‑floor physical therapy office
- Multiple treatment rooms and an ADA‑compliant bathroom
- Sale includes the real estate, business, equipment, and patient database
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,615
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$392,300
$392.3K
Cap Rate 7%
$280,214
$280.2K
Cap Rate 9%
$217,944
$217.9K
Market Conditions
NOI Build-Up for 933 SF
Gross rent
$32.7K $35.04/SF
− Vacancy
−$6.5K −$7.01/SF
EGI
$26.2K $28.03/SF
− OpEx
−$6.5K −$7.01/SF
NOI
$19.6K $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%
$392,300
Cap Rate 7%
$280,214
Cap Rate 9%
$217,944
Alternative Uses
Best Use
Office B
$280.2K
$245.2K – $326.9K
NOI $19,615 @ 7.0% cap · market cap 4.92%
Second Best
Healthcare Medical
$188.4K
$164.9K – $219.8K
NOI $13,190 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$380.2K
$332.7K – $443.6K
NOI $26,614 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Demographics for 02631, MA
10,178
Population
8,215
Households
1.2
Avg Household Size
58
Median Age
52%
College-Educated
98%
High-School Grad
22.2 sq mi
ZIP Area
458
Density / Sq Mi
$93,427
Median Household Income
$47,395
Median Earnings
$1,386
Median Rent
$621,800
Median Home Value
Check the figures for this property
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?
Rehabilitation center - Operational therapy facility with treatment rooms, parking, equipment, and an ADA-compliant bathroom.
Where is this rehabilitation center located?
The property is located at 5 Bay State Court Brewster, MA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 933‑square‑foot first‑floor physical therapy office; Multiple treatment rooms and an ADA‑compliant bathroom; Sale includes the real estate, business, equipment, and patient database
