Flex Space with Loading
New
For Sale
Contact for pricing
50 Portside Dr Unit B, Bourne, MA 02559
A combined office, workshop, storage, and loading layout supports multiple functions in one industrial-area space.
Property Size6,742 SF
Price / SF$0.00
Days on Market4
Property Features for 50 Portside Dr Unit B
General Information
Standard status
Active
Size
6,742 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Lockandkeyre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 4:00PM
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 Commercial Realty Advisors, Inc.
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Investment Insights
Based on property information with market context.
This 6,742-square-foot flex space combines office, workshop, storage, and loading areas. Three 14-foot overhead doors provide drive-in access, and an interior loading dock supports loading and unloading in a protected setting. The building was constructed in 1974.
Key Highlights
- 6,742 square feet of office, workshop, storage, and loading space
- Three 14‑foot overhead doors for drive‑in access
- Interior loading dock for protected loading and unloading
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,722
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,440
$1.9M
Cap Rate 7%
$1,324,600
$1.3M
Cap Rate 9%
$1,030,244
$1.0M
Market Conditions
NOI Build-Up for 6,742 SF
Gross rent
$153.7K $22.80/SF
− Vacancy
−$11.1K −$1.64/SF
EGI
$142.6K $21.16/SF
− OpEx
−$49.9K −$7.41/SF
NOI
$92.7K $13.75/SF
Area
Barnstable County, MA
Vacancy
7.20%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,440
Cap Rate 7%
$1,324,600
Cap Rate 9%
$1,030,244
Alternative Uses
Best Use
Warehouse
$1.69M
$1.48M – $1.97M
NOI $118,213 @ 7.0% cap · market cap 985,108.33%
Second Best
Industrial
$1.39M
$1.22M – $1.62M
NOI $97,352 @ 7.0% cap · market cap 811,266.67%
Theoretical Best
Office A
$2.75M
$2.40M – $3.21M
NOI $192,319 @ 7.0% cap · market cap 1,602,658.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02559, MA
3,388
Population
2,575
Households
1.3
Avg Household Size
60
Median Age
46%
College-Educated
97%
High-School Grad
5.3 sq mi
ZIP Area
639
Density / Sq Mi
$88,698
Median Household Income
$49,318
Median Earnings
$671
Median Rent
$563,500
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A combined office, workshop, storage, and loading layout supports multiple functions in one industrial-area space.
Where is this flex space located?
The property is located at 50 Portside Dr Unit B Bourne, MA.
What are key features of this property?
This property features: 6,742 square feet of office, workshop, storage, and loading space; Three 14‑foot overhead doors for drive‑in access; Interior loading dock for protected loading and unloading
