Turnkey Sushi Bar
For Sale
$259,500
56 Main Street Unit A&B, Orleans, MA 02653
Turnkey sushi and bar restaurant with an open dining room, full-service bar, commercial kitchen, and on-site storage.
Property Size1,100 SF
Price / SF$235.91
Days on Market65
Property Features for 56 Main Street Unit A&B
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1987
Listing Agency:
Premier Commercial
Listed By:
Paige Mansfield
(508) 487-3111
Source:
Seascaperealty
Added: Jun 21
Changed: Aug 24
Last Checked: Aug 24 at 6:02AM
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 Premier Commercial
Investment Insights
Based on property information with market context.
Turnkey sushi and bar restaurant operation offered for sale, built to support day-to-day service with a complete commercial kitchen and dedicated food preparation area. The open-concept dining room accommodates 20 guests and is licensed to seat 40 guests, with a full-service bar and integrated seating for guests. On-site storage is also included, supporting efficient operations from back-of-house to service.
Located at 56 Main Street, Unit A&B in Orleans, the restaurant is presented as being strategically positioned in the heart of Orleans and serving both the local community and visitors to Cape Cod. The listing also notes ample public parking availability.
This is a fully operational restaurant opportunity with the core infrastructure already in place, including dining, bar service, kitchen, preparation space, and storage to support a continuous restaurant program.
Located at 56 Main Street, Unit A&B in Orleans, the restaurant is presented as being strategically positioned in the heart of Orleans and serving both the local community and visitors to Cape Cod. The listing also notes ample public parking availability.
This is a fully operational restaurant opportunity with the core infrastructure already in place, including dining, bar service, kitchen, preparation space, and storage to support a continuous restaurant program.
Key Highlights
- 1987‑built sushi & bar restaurant with an established operating history
- Open‑concept dining room that accommodates 20 guests, licensed to seat 40
- Full‑service bar with integrated seating
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,965
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$339,300
$339.3K
Cap Rate 7%
$242,357
$242.4K
Cap Rate 9%
$188,500
$188.5K
Market Conditions
NOI Build-Up for 1,100 SF
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.
Gross rent
$23.8K $21.60/SF
− Vacancy
−$1.1K −$1.04/SF
EGI
$22.6K $20.56/SF
− OpEx
−$5.7K −$5.14/SF
NOI
$17.0K $15.42/SF
Area
Barnstable County, MA
Vacancy
4.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$339,300
Cap Rate 7%
$242,357
Cap Rate 9%
$188,500
Alternative Uses
Best Use
Specialty Retail
$242.4K
$212.1K – $282.8K
NOI $16,965 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.3K
$392.2K – $523.0K
NOI $31,378 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
62k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Office Supplies 19%
Dining 16%
Home Improvements & Furnishings 14%
Staples
Office Supplies
11,908 visits/mo
0.3 miles
Mobil
Shops & Services
8,496 visits/mo
0.2 miles
Dunkin' Donuts
Dining
8,342 visits/mo
0.3 miles
Baskin's Ace Hardware
Home Improvements & Furnishings
6,922 visits/mo
0.3 miles
Cumberland Farms
Shops & Services
6,253 visits/mo
0.2 miles
Demographics for 02653, MA
6,307
Population
5,685
Households
1.1
Avg Household Size
63
Median Age
59%
College-Educated
99%
High-School Grad
12.1 sq mi
ZIP Area
521
Density / Sq Mi
$98,798
Median Household Income
$45,853
Median Earnings
$1,181
Median Rent
$816,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey sushi and bar restaurant with an open dining room, full-service bar, commercial kitchen, and on-site storage.
Where is this conventional restaurant located?
The property is located at 56 Main Street Unit A&B Orleans, MA.
What is the asking price?
The asking price for this property is $259,500.
What are key features of this property?
This property features: 1987‑built sushi & bar restaurant with an established operating history; Open‑concept dining room that accommodates 20 guests, licensed to seat 40; Full‑service bar with integrated seating
