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.
- Parking Spaces:
- 18
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- DN
- Orig Price:
- $826,000
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Barnstable
- State:
- MA
- County:
- Barnstable
- Postal Code:
- 02601
- Longitude:
- W71° 42' 59.9''
- Latitude:
- N41° 39' 2.6''
Commercial Sale
243 South St, Barnstable, Massachusetts
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $775,000
- Square Footage :
- 2,766 Sqft
- Year Built :
- 1910
- Lot Area :
- 0.53 Acre
- Listing ID :
- 73433263
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com