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Mixed-Use Property with Apartment
For Sale
$1,549,000
Pending

515 Route 28, Harwich Port, MA 02646

Commercial Sale, Harwich Port, MA

Property Size2,493 SF
Lot Size0.27 Acres
Days on Market625

Property Features for 515 Route 28

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Use
Parking features Parking Lot
Appliances Water Heater
Lot features Corner Lot, Cleared, Level
Elementary school district Monomoy
Middle school district Monomoy
High school district Monomoy
Directions Route 28 downtown Harwich Port. Property is on the corner of Ayer Lane
Subdivision Harwich
Standard status Pending
APN 14-Q11-1-0
Size 2,493 SF
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6053

Utilities

Sewer type Septic Tank
Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1880
Floors in Building 2
Number of units 1
Flooring type Laminate, Vinyl, Carpet
Building materials Clapboard
Roof type Shingle
Listing Agency: Kinlin Grover Compass
Listed By: Nat S Santoro · License #141467
Added: Jan 18, 2025 Changed: Sep 16 Last Checked: Oct 5 at 6:06PM
MLS# 22501904

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 mixed-use property contains 2,493 square feet on a 0.27-acre parcel, with commercial space on the first level and a separate apartment above. The commercial portion measures nearly 1,600 square feet, while the second-floor residence provides nearly 900 square feet for personal occupancy or rental use.

Built in 1880, the clapboard building has laminate, vinyl, and carpet flooring, along with natural-gas forced-air heat and central air conditioning. Public water and a septic tank serve the property, and the site includes a parking lot. The property is located at 515 Route 28 in Harwich Port, Massachusetts.

Key Highlights

  • 2,493‑square‑foot mixed‑use property on 0.27 acres
  • Nearly 1,600 square feet of commercial space
  • Nearly 900 square foot second‑level apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$49,955
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,100 $999.1K
Cap Rate 7%
$713,643 $713.6K
Cap Rate 9%
$555,056 $555.1K
Market Conditions
NOI Build-Up for 2,493 SF
Gross rent
$93.6K $37.56/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$90.8K $36.43/SF
− OpEx
−$40.9K −$16.39/SF
NOI
$50.0K $20.04/SF
Area
Barnstable County, MA
Vacancy
3.00%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,100
Cap Rate 7%
$713,643
Cap Rate 9%
$555,056

Alternative Uses

Best Use
Apartment 5plus
$713.6K
$624.4K – $832.6K (±1% cap)
NOI $49,955 @ 7.0% cap · market cap 3.22%
Second Best
Mixed Use
$496.8K
$434.7K – $579.6K (±1% cap)
NOI $34,777 @ 7.0% cap · market cap 2.25%
Theoretical Best
Office A
$1.02M
$888.9K – $1.19M (±1% cap)
NOI $71,114 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Law Firm HVAC Service Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby

Demographics for 02646, MA

1,926
Population
2,519
Households
0.8
Avg Household Size
63
Median Age
65%
College-Educated
100%
High-School Grad
2.9 sq mi
ZIP Area
664
Density / Sq Mi
$74,276
Median Household Income
$59,737
Median Earnings
$1,964
Median Rent
$723,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines commercial space with an upstairs apartment and on-site parking.
Where is this mixed-use property located?
The property is located at 515 Route 28 Harwich Port, MA.
What is the asking price?
The asking price for this property is $1,549,000.
What are key features of this property?
This property features: 2,493‑square‑foot mixed‑use property on 0.27 acres; Nearly 1,600 square feet of commercial space; Nearly 900 square foot second‑level apartment
More about this property
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