$826,000

Est. Mortgage $3,962/mo *

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243 South Street, Barnstable, (Hyannis), MA, 02601

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1910

2,766 sqft

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.

Status:

Active

Town:

Barnstable

Type:

Commercial

Zoning:

Cooling:

Central Air

Basement:

Interior Entry, Full

Levels:

Acreage:

0.53

Est. Taxes:

$4,678

Assessment

$543,100

Construction

Frame, Sheet Rock

School District:

Barnstable

Appliances:

Gas Water Heater

MLS #:

22504684

Community Info

School Info

Walk Score

Mass Transit

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