Property profile

222 Main St Orleans, MA 02653

FOR SALE
Turn key restaurants
Property ID
US38-0662922
1,693 SF 0.47 ac lot Built 1930
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a restaurant space located in East Orleans. It is configured to seat approximately 55 patrons indoors and includes an outdoor patio area. The interior is 1,693 square feet, and the space supports dining either indoors or on the patio, along with take-out service. The premises were recently updated with a refreshed appearance. A full liquor license is held for the location, and the property is arranged in a way that could support additional menu or service expansion such as dinner service.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction FRAME
Total area 1,693 SF
Lot 0.47 ac (20,473 SF)
Zoning code RB
APN ORLE M:036.0 B:0019 L:0000.0
UPID US38-0662922

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
  • Restaurant

Location

222 Main St Orleans, MA 02653
Orleans metro Census 10500 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2020
Last sale
$360,000
7 recorded transactions
2020
$350,000
2017
Price N/A
2009
Price N/A
2003
Price N/A
2002
Price N/A
2002
$360,000
2002
Price N/A

Zoning & alternative use

RB · Orleans, MA
Zoning description

-3.2 Location of Districts; Zoning Map. § 164-3.3 Boundaries of Districts. § 164-3.4 Lots in Two Districts. § 164-3.5 Lots Located Partly in Another Municipality. § 164-3.6 Residence R. § 164-3.7 Rural Business District…

General category COMMERCIAL

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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More about this property
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