22
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$775,000
Est. payment /mo
2,766 SqFt
Price Dropped by $51K
243 South St Barnstable, MA 02601
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $280
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
Others
Senior Community false
Listed by Commercial Realty Advisors, Inc.
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