Salon Suite Building with
712 Main Street Barnstable, MA 02601
712 Main Street, Barnstable, MA, 02601
$2,000,000
For Sale
$2,000,000
Fully renovated in 2021 with nine rented salon suites, a second-floor apartment, and parking for eight cars.
Property Size3,415 SF
Price / SF$585.65
Days on Market56
Property Features for 712 Main Street
General Information
- Standard status
- Active
- Size
- 3,415 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2006
Listing Agency
Dream Homes & Estates,Inc.
Listed by
DREAM International
(508) 487-3111
Source
Seascaperealty
Added: May 23 Checked: Jul 17 at 2:51 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 Dream Homes & Estates,Inc.
Investment Insights
Based on property information with market context.
This fully renewed, turn-key commercial building was renovated in 2021 and is configured for both retail/service space and residential use. The main level features nine private salon suites that are actively rented. A second-floor apartment was added in 2021, creating an additional living unit within the same property. The building includes three baths and laundry areas on both the first and second floors, supporting day-to-day functionality for residents and on-site operations.
Situated on Main Street in a downtown mixed-use zone, the property includes its own parking for eight cars. The business is described as transferable. The seller notes that buyers and agents should verify all information, including details related to the business and the operating configuration.
Situated on Main Street in a downtown mixed-use zone, the property includes its own parking for eight cars. The business is described as transferable. The seller notes that buyers and agents should verify all information, including details related to the business and the operating configuration.
Key Highlights
- Fully renovated in 2021; 2006 year built, approximately 3,415 sq. ft.
- Main level includes nine private salon suites that are actively rented for immediate income.
- Second‑floor apartment added in 2021 for owner use or additional revenue.
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 | $102.5k | $30.00 |
| − Vacancy | −$2.3k | −$0.66 |
| EGI | $100.2k | $29.34 |
| − OpEx | −$30.1k | −$8.80 |
| NOI | $70.1k | $20.54 |
3,415 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.00M
$876.7K – $1.17M
NOI $70,137 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$977.6K
$855.4K – $1.14M
NOI $68,431 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,414 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fully renovated in 2021 with nine rented salon suites, a second-floor apartment, and parking for eight cars.
Where is this retail space located?
The property is located at 712 Main Street Barnstable, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully renovated in 2021; 2006 year built, approximately 3,415 sq. ft.; Main level includes nine private salon suites that are actively rented for immediate income.; Second‑floor apartment added in 2021 for owner use or additional revenue.
