Mixed-Use Commercial Opportunity Near
5030 State Hwy Eastham Eastham, MA 02642
5030 State Hwy Eastham, Eastham, MA, 02642
$899,000
For Sale
$899,000
Mixed-use property with commercial kitchen and short-term rental potential.
Property Size2,442 SF
Price / SF$368.14
Days on Market64
Property Features for 5030 State Hwy Eastham
General Information
- Standard status
- Active
- Size
- 2,442 SF
Building Details
- Year Built
- 1890
Listing Agency
(508) 501-1443
Listed by
Leanne McCormick
(508) 501-1443
Source
Milestonerealtyinc
Added: May 15 Checked: Jul 17 at 2:41 am
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 Leanne McCormick
Investment Insights
Based on property information with market context.
This mixed-use commercial property is located in a high-traffic area near the Cape Cod National Seashore. Situated on a corner lot, the property features street presence, accessibility, and on-site parking. The building includes a full-size commercial kitchen suitable for catering, café, bakery, food production, or hospitality-related operations. The layout allows for various commercial uses, subject to local zoning regulations. The second floor is currently used as a short-term rental, offering income potential and flexibility for owner occupancy or employee housing. The location is surrounded by established businesses, residential neighborhoods, and seasonal tourism, providing visibility and customer traffic. The property size is 2442 square feet.
Key Highlights
- High‑traffic location near Cape Cod National Seashore with excellent street visibility.
- Full‑size commercial kitchen ideal for food‑related businesses.
- Income‑producing second‑floor short‑term rental unit.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.7k | $21.60 |
| − Vacancy | −$2.5k | −$1.04 |
| EGI | $50.2k | $20.56 |
| − OpEx | −$12.6k | −$5.14 |
| NOI | $37.7k | $15.42 |
2,442 SF · lease $21.60/SF/yr · vacancy 4.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$538.0K
$470.8K – $627.7K
NOI $37,662 @ 7.0% cap · market cap 4.19%
Second Best
Industrial
$503.7K
$440.8K – $587.7K
NOI $35,262 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$995.1K
$870.7K – $1.16M
NOI $69,659 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial kitchens
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial kitchen and short-term rental potential.
Where is this mixed-use property located?
The property is located at 5030 State Hwy Eastham Eastham, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: High‑traffic location near Cape Cod National Seashore with excellent street visibility.; Full‑size commercial kitchen ideal for food‑related businesses.; Income‑producing second‑floor short‑term rental unit.
