Technical
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Property profile

769 Massachusetts-28 Yarmouth, MA 02664

OFF-MARKET
Retail properties & Spaces
11,630 SF 1.62 ac lot
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Property summary

AI-generated overview

This exceptional 11,630 square foot retail storefront in Yarmouth, MA, presents a compelling investment and redevelopment opportunity. Located on a 1.62-acre lot with 115+ parking spaces and multiple curb cuts, the property boasts 300 feet of road frontage. Currently configured as a multi-tenant retail building, the site is zoned VC2 Overlay, allowing for a higher residential density than the underlying zoning. Preliminary estimates suggest potential for up to 26 residential units based on the 16 units-per-acre allowance in the VCOD Bylaw. Further due diligence is recommended to fully assess development potential. The property includes a fire suppression system and benefits from a flat, level parcel ideal for redevelopment. Municipal sewer is projected to reach this location between 2025 and 2026. The site previously held permits for a large restaurant (300+ seats) and could also suit an end-user retail operation. Priced at $1,399,000 ($120.29/SF), this property offers significant upside for investors seeking a mixed-use or residential conversion project in a prime Yarmouth location. The property consists of two units.

Property profile

Verified
Property type Retail properties & Spaces
Total area 11,630 SF
Lot 1.62 ac (70,567 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

769 Massachusetts-28 Yarmouth, MA 02664
Yarmouth metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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