Barnstable, MA 02601,243 South St
Barnstable, MA 02601,243 South St
Barnstable, MA 02601,243 South St
Barnstable, MA 02601,243 South St
Barnstable, MA 02601,243 South St
Barnstable, MA 02601,243 South St
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$ 826,000
Est. payment | /mo

2,766 SqFt


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$ 826,000
Est. payment | /mo
Save

2,766 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,766 sqft

Price per Sqft $298

MLS Listing ID 73433263

HOA Y/N false

Year Built 1910

Annual Tax Amount $5,339

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Property Description

This fully occupied professional office building delivers stable income with a 7.5% capitalization rate. Anchored by a popular FM radio station with extensive IT infrastructure, the ±2,766 SF property sits on a 0.53-acre parcel in Hyannis' Downtown (DN) zoning district. The tenant's long-standing presence provides both financial security and operational stability. Highlights for Investors:Income-Producing Asset: Fully leased with reliable cash flow.7.5% Cap Rate: Competitive return in a high-demand Cape Cod market.Established Occupant: Well-known broadcast station with specialized infrastructure in place.Prime Location: Situated in downtown Hyannis, close to business, healthcare, and municipal hubs.Historic Character, Modernized Functionality: Originally built in 1910, effectively updated in 1984.This offering represents a turnkey, low-management Hyannis investment with a respected tenant and attractive returns in one of Cape Cod's strongest commercial corridors.

Location

State MA

County Barnstable

Zoning DN

Direction Please utilize GPS for most accurate directions

Exterior

Utilities Available Public Water, Public Sewer

Total Parking Spaces 18

Others

Senior Community false

Listed by Commercial Realty Advisors, Inc.

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243 South St