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    Centerville Commercial Opportunity Title is generated by Realmo AI

    628 Craigville Beach Road, Centerville, MA 02632

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    Claim this Listing
    For Sale
    $499,000

    COMMERCIAL - Centerville, MA

    Property size:
    1,736 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $287/SF
    Added:
    Mar 17, 2026
    Days on Market:
    93
    Last Refresh:
    Jun 17 at 8:06 am

    Property Features for 628 Craigville Beach Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot, Off Street
    Basement
    Dirt Floor
    Appliances
    Water Heater
    Standard status
    Active
    APN
    CENT M:246 L:028
    Size
    1,736 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2104

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Wood
    Building materials
    Wood Siding, Wood Frame, Shingle Siding
    Roof type
    Asphalt

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    Listing Contact
    Nik J Atsalis
    Nik J Atsalis

    Listing agent Nik J Atsalis

    Listing office Premier Commercial 1645 Falmouth Road, Building G, Centerville, MA

    Listing date Mar 17, 2026

    MLS# 22600797

    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.

    HighLights

    • Prime location in the heart of bustling Centerville Village on Cape Cod.
    • Exceptional visibility on a high‑traffic thoroughfare.
    • Moments away from Craigville Beach and Covell's Beach.
    • Dedicated on‑site parking.
    • Opportunity to capitalize on both year‑round local community and vibrant seasonal tourism.
    • Building built in 1910 with wood and shingle siding.

    Overview

    This commercial property, known as The Craigville General Store, is situated in Centerville Village on Cape Cod. The 1,736 square-foot property benefits from high visibility on a high-traffic thoroughfare and includes on-site parking. Located moments away from Craigville Beach and Covell's Beach, the property is positioned to capitalize on the year-round local community and the seasonal tourism market. The lot size is 0.2 acres.

    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 $52.1k $30.00
    − Vacancy −$1.1k −$0.66
    EGI $50.9k $29.34
    − OpEx −$15.3k −$8.80
    NOI $35.7k $20.54
    1,736 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $509.3K
    $445.7K – $594.2K (±1% cap)
    NOI $35,654 @ 7.0% cap · market cap 7.15%
    Second Best
    Specialty Retail
    $382.5K
    $334.7K – $446.2K (±1% cap)
    NOI $26,773 @ 7.0% cap · market cap 5.37%
    Theoretical Best
    Office A
    $707.4K
    $619.0K – $825.3K (±1% cap)
    NOI $49,520 @ 7.0% cap · market cap 9.92%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Centerville
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.346
    Latitude
    41.663

    FAQs

    What type of property is this?
    Grocery and convenience store - Commercial property in Centerville, MA, near beaches and high-traffic area.
    Where is this grocery and convenience store located?
    The property is located at 628 Craigville Beach Road Centerville, MA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Prime location in the heart of bustling Centerville Village on Cape Cod.; Exceptional visibility on a high‑traffic thoroughfare.; Moments away from Craigville Beach and Covell's Beach.
    More about this property
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