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Property profile & analytics
OFF-MARKET Estimated value $635,000
Retail space

1273 Rte 28 South Yarmouth, MA 02664-4454

3,840 SF 0.46 ac lot Built 1940
Trust Owned 9-yr Hold Free & Clear
Property ID
US38-1152294
Property summary
AI-generated overview

This exceptional commercial property at 1273 Route 28 in South Yarmouth, Massachusetts, presents a unique investment opportunity. The 5,000 square-foot building, constructed in 1940, sits on a sizable 20,038 square-foot lot boasting excellent frontage on Route 28, ensuring high visibility and accessibility. The property includes a spacious display area ideal for showcasing merchandise, along with ample warehouse space for storage and inventory management. A large parking lot provides convenient customer parking. The current business, Riverview Bait and Tackle, has been successfully operating for 32 years. The sale includes an owner-owned solar system, eliminating electricity costs. The asking price for the real estate alone is $1,475,000. A separate purchase option includes the established business and inventory for an additional $375,000, bringing the total package price to $1,850,000. This turnkey operation is perfect for an entrepreneur looking to acquire an established business with significant growth potential in a high-traffic location. The property is located in Barnstable County, MA, zip code 02664.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction FRAME
Total area 3,840 SF
Lot 0.46 ac (20,038 SF)
APN YARM M:0060 B:00172 L:0000
UPID US38-1152294
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$862k
Blend (final) Blend
$635k
Owner & transaction history
Boisvert,lee Trust · 9 yrs held
Boisvert,lee Trust
since 2017
3 recorded transactions
2017
Price N/A
2008
$1
2000
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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