Retail Unit with Grooming
New
For Sale
$329,000
6 Merchants Road UNIT B6, Sandwich, MA 02563
The 2021 renovation included natural gas heating, central air conditioning, and a separate utility room.
Property Size584 SF
Days on Market4
Property Features for 6 Merchants Road UNIT B6
General Information
Standard status
Active
Size
584 SF
Property subtype
Commercial
Zoning
BL-1
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,243
Amenities
natural gas heating
central AC
private bathroom
laundry room/utility room
Building Details
Building Size
584 SF
Year Built
1984
Year Renovated
2021
Stories
1
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Oct 7
Last Checked: Oct 9 at 4:09PM
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 Classic Cape Real Estate, LLC
Investment Insights
Based on property information with market context.
This retail condominium unit in Merchant Square is configured for a dog grooming operation, which has been established there since 2021. The interior includes a bathing area set apart from the front reception space, a private bathroom, and a rear laundry and utility room. The unit was renovated in 2021 and has natural gas heat and central air conditioning. The building dates to 1984, and the property is zoned BL-1.
The unit is at 6 Merchants Road in Sandwich. Businesses in the surrounding complex include a real estate office, restaurant, flower shop, hair salon, and pizza shop. The Sandwich Marina and canal walk are also identified as nearby destinations.
The unit is at 6 Merchants Road in Sandwich. Businesses in the surrounding complex include a real estate office, restaurant, flower shop, hair salon, and pizza shop. The Sandwich Marina and canal walk are also identified as nearby destinations.
Key Highlights
- Renovated in 2021; building constructed in 1984
- Currently operated as a dog grooming salon established in 2021
- Separate bathing area, front reception space, private bathroom, and rear laundry/utility room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,994
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,880
$239.9K
Cap Rate 7%
$171,343
$171.3K
Cap Rate 9%
$133,267
$133.3K
Market Conditions
NOI Build-Up for 584 SF
Gross rent
$17.5K $30.00/SF
− Vacancy
−$385 −$0.66/SF
EGI
$17.1K $29.34/SF
− OpEx
−$5.1K −$8.80/SF
NOI
$12.0K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,880
Cap Rate 7%
$171,343
Cap Rate 9%
$133,267
Alternative Uses
Best Use
Retail
$171.3K
$149.9K – $199.9K
NOI $11,994 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$238.0K
$208.2K – $277.7K
NOI $16,659 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
493
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 63%
Dining 20%
Home Improvements & Furnishings 9%
Shops & Services 8%
Stop & Shop
Groceries
18,574 visits/mo
0.2 miles
Dunkin' Donuts
Dining
5,970 visits/mo
0.5 miles
Aubuchon Hardware
Home Improvements & Furnishings
2,640 visits/mo
0.2 miles
Citizens Bank
Shops & Services
2,235 visits/mo
0.1 miles
Demographics for 02563, MA
10,070
Population
4,898
Households
2.1
Avg Household Size
52
Median Age
52%
College-Educated
99%
High-School Grad
13.2 sq mi
ZIP Area
763
Density / Sq Mi
$117,558
Median Household Income
$49,726
Median Earnings
$1,764
Median Rent
$552,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - The 2021 renovation included natural gas heating, central air conditioning, and a separate utility room.
Where is this retail space located?
The property is located at 6 Merchants Road UNIT B6 Sandwich, MA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Renovated in 2021; building constructed in 1984; Currently operated as a dog grooming salon established in 2021; Separate bathing area, front reception space, private bathroom, and rear laundry/utility room
