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769 Route 28

11,630 SF 100% Leased Retail Building South Yarmouth, MA 02664 $1,989,560 CAD ($171 CAD/SF)

Executive Summary

Discover an exceptional opportunity at a prime location in Yarmouth, MA. This 11,630 SF building offers vast potential for retail or street retail investment, with the added advantage of redevelopment potential for up to 26 residential units. Furthermore, the property is located within the VC2 Overlay Zoning District (ZD), which allows a higher residential density than the underlying Business ZD and HMOD1 Overlay ZD. The VCOD Bylaw permits 16 residential units per acre, translating to approximately 26 units for 1.65 acres. Additional due diligence is required for the full development potential of the site.
Boasting a spacious layout, the property provides an ideal canvas for showcasing a retail concept or retail investment. With its strategic placement, businesses can benefit from high visibility on route 28.
Located on Massachusetts Route 28, this area boasts numerous amenities and attractions. Within a short distance, professionals can access the Cape Cod Hospital, local dining options, retailers, and picturesque parks nearby. Yarmouth's prime location provides easy access to major roadways, fostering a seamless commute for professionals.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,630 SF
Building Class
C
Year Built/Renovated
1927/2010
Price
$1,989,560 CAD
Price Per SF
$171 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
B-2, HMO1, VC-2 - Ability to build up to 26 units with redevelopment.
Parking
115 Spaces (9.89 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Corner Lot
  • Courtyard
  • Restaurant
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Yarmouth Lodge 2270
  • -
  • 6,957 SF
  • $7.35 CAD
  • Modified Gross
  • Mar 2026
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Yarmouth Lodge 2270 - 6,957 SF $7.35 CAD Modified Gross Mar 2026

Nearby Major Retailers

The Tavern
Planet Fitness
Citizens Bank
Stop & Shop
Santander
TD Bank
Shaw's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
YARM-000033-000034
Land Assessment
$668,401 CAD
Improvements Assessment
$1,095,467 CAD
Total Assessment
$1,763,868 CAD
  • Listing ID: 33353662

  • Date on Market: 2024-03-21

  • Last Updated:

  • Address: 769 Route 28, South Yarmouth, MA 02664

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