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    12 Main St Orleans, MA 02653

    For Sale
    $1,300,000

    Prime Cape Cod Office, High ROI

    Property size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional two-story office building in Orleans Village Center, MA, presents a compelling investment opportunity. The 4,000 square-foot property sits on a half-acre lot, offering ample parking and potential for expansion. Currently housing four tenants with short-term leases across six condominium units, it provides a flexible income stream and diverse layout. The building features a mix of HVAC systems (gas, electric, and central cooling in some areas) and is connected to municipal sewer. Zoned VC, it's ideally situated to attract various businesses. The asking price is $1,300,000 ($325/sq ft, $216,667/unit), with a 60% occupancy rate currently, reaching full occupancy by May 30, 2024. Existing financials are available to qualified buyers under a non-disclosure agreement. The annual real estate tax for all six units is $5,210. Note that a right of first refusal exists for one tenant. This presents a rare chance to acquire a prime commercial property in a desirable location. Built in 1875, the building offers both immediate income and long-term growth potential.

    Property Features for 12 Main St

    General Information

    Property type
    Office space
    Square Feet
    4,000 SF
    Class
    C
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1875
    Buildings
    1
    Stories
    2
    Units
    6

    HighLights

    • Asking price: $1,300,000 for this multi‑tenant office building.
    • 4,000 square feet of rentable space in a 2‑story building on a 0.5‑acre lot.
    • 60% occupancy with four tenants, offering immediate income and future leasing flexibility.
    • Located in Orleans, MA, in the Village Center (VC) zone, with a manageable real estate tax of $5,210.
    • Features mixed HVAC systems (gas and electric heating, some central cooling) and municipal sewer connection.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Michael I Flores ... Divorce Lawyer Homes By Sisson Construction Company Cape Cod Mortgage ... Mortgage Lender ComForCare Home Care ... Home Health Care Service

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Daycare Center Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orleans
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -69.993996405475
    Latitude
    41.789809627302

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    FAQs

    What type of property is this?
    Office space - Prime Cape Cod Office, High ROI
    Where is this office space located?
    The property is located at 12 Main St Orleans, MA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Asking price: $1,300,000 for this multi-tenant office building.; 4,000 square feet of rentable space in a 2-story building on a 0.5-acre lot.; 60% occupancy with four tenants, offering immediate income and future leasing flexibility.
    Request Owner's contact information
    12 Main St Orleans, MA 02653
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    Orleans, MA 02653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 Main St Orleans, MA 02653
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