Yarmouth, MA Commercial Real Estate for Sale and Lease

Home to about 24,000 people as of the 2010 census, this town is part of the tourist-centric Cape Cod region of Massachusetts. It is a part of Barnstable County, and it is comprised of several separate villages. The town was settled and incorporated in 1639, which makes it one of the oldest established towns in the state. It is a prime center for both retailers and commercial activities, as it receives a large volume of tourist traffic in the summer, and it contains a number of large, spacious warehouse and industrial buildings as well as a fair amount of open land.

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Yarmouth Commercial Investment Properties

With its prime location along the bustling Cape and its access to three major east-coast routes, this town has plenty of opportunity for businesses and retailers of all kinds, which in turn makes it appealing to investors as well. The population’s growth has also expanded steadily over the years, which is a major incentive for commercial companies and retailers to buy and rent space in the town. The major roadways in the town are Route 6, Route 6A, and Route 28. The town has several key forms of transportation, which includes a freight rail service offered by the Massachusetts Coastal Railroad, and several lines of the MBTA Commuter Rail, which provides direct transportation into Boston. Air service is available at the Barnstable Municipal Airport, while Boston Logan International Airport, which is the largest regional airport, is located in Boston.

Yarmouth Office Space Market

There is a fair amount of commercial opportunity in many categories, including office space. Prospective tenants are finding office space available in both Class A and less fancy Class B buildings, with the latter offering the best deals in terms of space, location, and rental or sale prices. Class B buildings have fewer luxury amenities than Class A buildings, but they are ideal for companies looking to have room to grow and expand in the future. While some tenants are looking for the convenience of move-in ready space in this town, many are also looking for the option to add their own finishing touches to create a custom space, such as with Class B spaces. As with other towns and cities in the area, the economy is supported both by traditional endeavors, such as banking, finance, law and medicine, as well as by newer businesses in the technology and ecommerce sectors.

Tenants in the medical professions might be interested in looking at a space like the one in a 15,000 SF building on Workshop Rd. There is one space available that covers an area of 0.30 acres. The picturesque building is located on a manicured and open lot characterized by mature shade trees and a green front lawn. The building is set up for a variety of uses, as it comes with several spaces for individual offices, as well as meeting rooms. Other notable amenities of the building are private restrooms and a quaint kitchen area. In addition to the advertised rental space, there is additional room for storage. The site is listed as suitable for renting in its current condition or being renovated by tenants, which may raise the rental price. The building was constructed in 1971, and it's in a car-dependent location. It is categorized as a Class B facility, and it is listed as-is for a rental price of about $9.00 per SF each year. Another key attraction of the building is the undisputed benefit that it is conveniently located near Route 6, and it is right across the street from a variety of amenities including small shops, restaurants and a supermarket. The building is situated in a highly visible area, and there is a large volume of vehicular traffic that flows through the area on a daily basis.

Yarmouth Retail Space Market

With many options for businesses large and small, the retail sector is just as promising for businesses and investors as the commercial sector. There are a variety of retail spaces available, ranging from general retail space to specific space for activities like bars and restaurants. General retail spaces are the most common, and they are located in a variety of buildings, including freestanding buildings and shopping plazas. Prices vary for retail buildings, but they average out to be a little more than $1.00 per SF each month.

Those looking for general retail space might like an opportunity like the retail space available at 1068 Route 28. There are two retail spaces for rent, and they have a lease price of anywhere between $1.00 and $1.08 per SF each month. The building in which the spaces are located covers a total area of 19,545 SF. It was built in 1960 and does not require much work in terms of renovations and improvements. Tenants have anywhere from 0.08 to 0.11 acres to use, and they will join a building that has several notable anchor tenants like a Shaw’s Supermarket and the Registry of Motor Vehicles. They are welcome to use the space for their own purposes or sublet space to other occupants. The building is located along Route 28, which is quite easy to reach from the building. In addition to the current opportunity for renting, tenants have the opportunity to expand their business in the coming years, which is appealing for both businesses and prospective investors.

In addition to renting space, prospective retailers also have the option to buy space. One example is the freestanding general retail building for sale at 890 Route 28. The building is listed for a price of $899,000, and it covers a total area of 3,355 SF. The building is situated on a quiet lot of 0.46 acres, and it is classified as a Class C property. The building was once occupied by a successful sales and repair business, and it enjoys excellent visibility due to its prime location along Route 28. The building was constructed in 1925, and it is within easy reach of multiple major types of public transportation. This opportunity is considered ideal for investors as well as incoming businesses.

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