Property profile

21 S Orleans Rd Orleans Orleans, MA 02653

FOR SALE
Other investment properties
Property ID
US38-0389499
3,816 SF 0.46 ac lot Built 1840
Individually Owned 27-yr Hold
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Property summary

AI-generated overview

This mixed-use building, constructed in 1840, is located in Orleans’ commercial district on Route 28 with views over Town Cove and proximity to the Orleans Yacht Club, shops, restaurants, and other local amenities. The property includes more than 1,500 square feet of street-level retail space, two residential apartments, and off-street parking for up to 12 vehicles, set on a 0.46-acre lot. The first floor features a large retail storefront, a half bath, and two rear rooms suitable for office use or additional storage. The upper level contains two separate apartments: the front unit has two bedrooms, a full bath, a kitchen, a living area, and a bonus room; the rear unit has one bedroom, a full bath, a kitchen, a living room, and a rooftop deck with water views. A walk-out basement provides 600+ square feet of finished space that can be used for storage or potentially for future expansion, and the total living area is approximately 4,416 square feet; the building is offered in as-is condition and may require repairs to meet applicable code requirements.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1840
Construction FRAME
Total area 3,816 SF
Lot 0.46 ac (20,038 SF)
Zoning code LB
APN ORLE M:026.0 B:0067 L:0000.0
UPID US38-0389499

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Art Gallery Antique Store

Location

21 S Orleans Rd, Unit Orleans Orleans, MA 02653
Orleans metro Census 10500 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$820k
Comparable Approach Comparable
$788k
Blend (final) Blend
$300k

Owner & transaction history

since 1999
4 recorded transactions
2007
Price N/A
2005
Price N/A
2004
Price N/A
1999
$340,000

Zoning & alternative use

LB · Orleans, MA
Zoning description

4-3.4 Lots in Two Districts. § 164-3.5 Lots Located Partly in Another Municipality. § 164-3.6 Residence R. § 164-3.7 Rural Business District RB. § 164-3.8 Marine Business District MB. § 164-3.9 Limited Business District…

General category COMMERCIAL
Top alternative use upside
Retail stores $865,000 +2.0%
Office building $860,000 +1.6%

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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