Marcus & Millichap Sells Retail Property In Wareham, MA For $950,000
215 Main Street, Wareham, Massachusetts 02571, United States
$950,000
$98/SF
Building Size
9,698 SF
Asset Type
Retail
Closing
Dec 16, 2021
AI
Located at 215-219 Main St in Wareham, MA, this retail property was recently sold on December 16, 2021. The transaction was facilitated by Brett Kilar and Adam Cohen of Marcus & Millichap.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $950,000
- Square Footage: 9,698
- Price per Square Foot: $98
Brett Kilar and Adam Cohen from Marcus & Millichap represented the parties involved in this sale. The property offers a spacious 9,698 square feet of retail space and was sold for a total of $950,000, resulting in a price per square foot of $98.
Players
Wareham Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93