Commercial Property on Route
58 Sandwich Rd Wareham, MA 02571
58 Sandwich Rd, Wareham, MA, 02571
$549,000
For Sale
$549,000
Well-maintained commercial property with high visibility and traffic count.
Property Size1,379 SF
Price / SF$398.11
Days on Market440
Property Features for 58 Sandwich Rd
General Information
- Standard status
- Active
- Size
- 1,379 SF
Building Details
- Year Built
- 1920
Listing Agency
LPT Realty - Home & Key Group
Listed by
Wayne Bellemare
Source
Corcoran
Added: May 4, 2025 Checked: Mar 16 at 9:08 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 LPT Realty - Home & Key Group
Investment Insights
Based on property information with market context.
This commercial property is located on Route 6 and was most recently used as an auto sales and repair facility. The property features a customer entrance and reception area with two walls of floor-to-ceiling windows. The reception area is finished with shiplap pine. There are 12-foot overhead doors at the front and rear of the shop that provide drive-through access to the rear lot. The fenced rear lot is accessible from the side of the building or via road frontage on Pires Street. The main level includes a large mechanical room, a half bath, and a three-quarter bath. The second story is a large, open room suitable for storage or office space. The building size is 1379 square feet.
Key Highlights
- High traffic count and excellent visibility on Rte 6.
- Grandfathered status suitable for various businesses (previously Auto Sales / Repair).
- Drive‑through access with 12' overhead doors at front and rear.
Local Financial Insights For 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 | $33.1k | $24.00 |
| − Vacancy | −$728 | −$0.53 |
| EGI | $32.4k | $23.47 |
| − OpEx | −$9.7k | −$7.04 |
| NOI | $22.7k | $16.43 |
1,379 SF · lease $24.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$323.7K
$283.2K – $377.6K
NOI $22,658 @ 7.0% cap · market cap 4.13%
Second Best
Industrial
$209.5K
$183.4K – $244.5K
NOI $14,668 @ 7.0% cap · market cap 2.67%
Theoretical Best
Office A
$816.4K
$714.3K – $952.4K
NOI $57,145 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
A1 Auto Unlimited
Hardware & Home Improvement
Similar For Sale Nearby
Similar Off Market Nearby
- Advanced Engine Rebuilding Inc — 176 Main St, Wareham, MA 02571
- Vaughn's Towing — 2747 Cranberry Hwy, Wareham, MA 02571
FAQs
What type of property is this?
Auto shop - Well-maintained commercial property with high visibility and traffic count.
Where is this auto shop located?
The property is located at 58 Sandwich Rd Wareham, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: High traffic count and excellent visibility on Rte 6.; Grandfathered status suitable for various businesses (previously Auto Sales / Repair).; Drive‑through access with 12' overhead doors at front and rear.
