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243 South Street
Hyannis, MA 02601

$775,000

Listing Details

  • $775,000
  • MLS# 22504684
  • Type Residential -
  • Status Active
  • 2,766
    Square Feet
  • 0.530 acres
    Lot Size
  • 1910
    Year Built
  • Barnstable
    Local Schools

Listed By

Agency Name: Commercial Realty Advisors, Inc.
Agency Phone: 508-862-9000

Shown By

Agency Title: Donahue Real Estate Co.
Agency Phone: 781-251-0080

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Home Value Estimate


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...read more

Features

  • Gas Water Heater
  • Central Air
  • Hardwood
  • Carpet
  • 2.0 Stories
  • Built in 1910

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