Climate-Controlled Office
New
For Sale
Contact for pricing
63 Crowell Rd, Chatham, MA 02633
Finished work areas are complemented by parking at the front and rear of the property.
Property Size2,394 SF
Price / SF$2.27
Days on Market4
Property Features for 63 Crowell Rd
General Information
Standard status
Active
Size
2,394 SF
Net Rentable
1,100 SF
Property subtype
Commercial
Additional Details
Condition
Built-Out
Property Use
Office
Amenities
gas warm-air heating
central air conditioning
finished office areas
Building Details
Year Built
1954
Building Size
2,394 SF
Listing Agency:
Lock and Key Realty
Listed By:
Jordan Healy
(413) 717-0635
Source:
Lockandkeyre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:06PM
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 Lock and Key Realty
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Investment Insights
Based on property information with market context.
Approximately 1,100 rentable square feet are available within a 2,394-square-foot office building constructed in 1954. The climate-controlled space includes finished office areas and an upper story, with gas warm-air heat and central air conditioning.
Parking is available at the front of the property, with a driveway leading to additional spaces behind the building. The Crowell Road address is next to Pain d’Avignon Café Boulangerie and near downtown Chatham shops, restaurants, services, and public parking.
Parking is available at the front of the property, with a driveway leading to additional spaces behind the building. The Crowell Road address is next to Pain d’Avignon Café Boulangerie and near downtown Chatham shops, restaurants, services, and public parking.
Key Highlights
- Approximately 1,100 rentable square feet within a 2,394‑square‑foot office building
- Climate control with gas warm‑air heating and central air conditioning
- Finished office areas and an upper story
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,126
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,520
$462.5K
Cap Rate 7%
$330,371
$330.4K
Cap Rate 9%
$256,956
$257.0K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$38.5K $35.04/SF
− Vacancy
−$7.7K −$7.01/SF
EGI
$30.8K $28.03/SF
− OpEx
−$7.7K −$7.01/SF
NOI
$23.1K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,520
Cap Rate 7%
$330,371
Cap Rate 9%
$256,956
Alternative Uses
Best Use
Office B
$330.4K
$289.1K – $385.4K
NOI $23,126 @ 7.0% cap · market cap 925.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.3K
$392.2K – $523.0K
NOI $31,378 @ 7.0% cap · market cap 1,255.12%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
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Business Placement
Demographics for 02633, MA
4,664
Population
5,425
Households
0.9
Avg Household Size
62
Median Age
65%
College-Educated
99%
High-School Grad
8.6 sq mi
ZIP Area
542
Density / Sq Mi
$94,036
Median Household Income
$50,038
Median Earnings
$1,005
Median Rent
$881,400
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Finished work areas are complemented by parking at the front and rear of the property.
Where is this office unit located?
The property is located at 63 Crowell Rd Chatham, MA.
What are key features of this property?
This property features: Approximately 1,100 rentable square feet within a 2,394‑square‑foot office building; Climate control with gas warm‑air heating and central air conditioning; Finished office areas and an upper story
