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Coastal Mixed-Use Property
For Sale
$7,500,000

88-94 Chase Avenue, Dennis Port, MA 02639

Commercial Sale, Dennis Port, MA

Property Size16,136 SF
Lot Size0.91 Acres
Price / SF$464.80
Days on Market52

Property Features for 88-94 Chase Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Resort Resident
Parking 50
Parking features Parking Lot, Paved or Surfaced, Off Street, Open
Interior features High Speed Internet
Appliances Water Heater
Elementary school district Dennis-Yarmouth
Middle school district Dennis-Yarmouth
High school district Dennis-Yarmouth
Directions Route 28 to Depot Street to Chase Avenue.
Subdivision Dennis
Standard status Active
APN 42-9-0
Size 16,136 SF
Lot size 0.91 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11721

Utilities

Utilities Phone Available
Sewer type Cesspool
Heating system Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1965
Floors in Building 2
Flooring type Tile, Carpet, Hardwood
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Gibson Sotheby's International Realty
Listed By: Paul McCormick · License #448014395
Added: Sep 8 Changed: Oct 28 Last Checked: Oct 29 at 10:06PM
MLS# 22604482

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 0.91-acre mixed-use property contains 16,136 square feet of site area, a substantial commercial building, multiple residential structures, and approximately 50 parking spaces. The commercial building previously accommodated a 180-seat restaurant and includes tile, hardwood, and carpet flooring, wall-unit cooling, natural gas heat, and a shingle roof. Public water and cesspool service are in place.

Located at 88-94 Chase Avenue in Dennis Port, the property sits across the street from the beach within the Chase Avenue Hotel Resort Area. The surrounding corridor includes oceanfront resorts, vacation properties, beaches, and established dining destinations. Under the stated zoning framework, qualifying hotel development may reach up to 4 1/2 stories or 50 feet.

Key Highlights

  • 0.91‑acre mixed‑use property with 16,136 square feet of site area
  • Approximately 50 parking spaces, including paved, open, off‑street parking
  • Commercial building previously operated as a 180‑seat restaurant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$248,856
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,977,120 $5.0M
Cap Rate 7%
$3,555,086 $3.6M
Cap Rate 9%
$2,765,067 $2.8M
Market Conditions
NOI Build-Up for 16,136 SF
Gross rent
$348.5K $21.60/SF
− Vacancy
−$16.7K −$1.04/SF
EGI
$331.8K $20.56/SF
− OpEx
−$83.0K −$5.14/SF
NOI
$248.9K $15.42/SF
Area
Barnstable County, MA
Vacancy
4.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,977,120
Cap Rate 7%
$3,555,086
Cap Rate 9%
$2,765,067

Alternative Uses

Best Use
Specialty Retail
$3.56M
$3.11M – $4.15M (±1% cap)
NOI $248,856 @ 7.0% cap · market cap 3.32%
Second Best
Mixed Use
$3.22M
$2.81M – $3.75M (±1% cap)
NOI $225,097 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$6.58M
$5.75M – $7.67M (±1% cap)
NOI $460,286 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
993
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Bluegreen Vacations The Soundings, Ascend Resort Collection Hotels & Casinos
993 visits/mo 0.1 miles

Demographics for 02639, MA

3,238
Population
5,162
Households
0.6
Avg Household Size
53
Median Age
39%
College-Educated
98%
High-School Grad
2.8 sq mi
ZIP Area
1,156
Density / Sq Mi
$64,051
Median Household Income
$47,857
Median Earnings
$1,296
Median Rent
$451,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Across from the beach, the site combines a substantial commercial building, residential structures, and paved parking.
Where is this mixed-use property located?
The property is located at 88-94 Chase Avenue Dennis Port, MA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 0.91‑acre mixed‑use property with 16,136 square feet of site area; Approximately 50 parking spaces, including paved, open, off‑street parking; Commercial building previously operated as a 180‑seat restaurant
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