243 South St, Barnstable, MA 02601
- $775,000
- 2,766
- SqFt
Listing courtesy of Listing Agent: Kevin A. Pepe from Listing Office: Commercial Realty Advisors, Inc..
- List Price
- $775,000
- Status
- ACTIVE
- Days on Market
- 320
- Price Change
- ▼ $51,000 1768012649
- MLS#
- 73433263
- Subtype
- Commercial Sale
- Year Built
- 1910
- Living Area
- 2,766
- Lot Size
- 23,087
- 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.
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Additional Information
- Taxes
- $5,339
- Zoning
- DN
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