Hyannis, MA 02601,243 South Street
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Hyannis, MA 02601,243 South Street
Hyannis, MA 02601,243 South Street
Hyannis, MA 02601,243 South Street
Hyannis, MA 02601,243 South Street
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243 South Street Hyannis, MA 02601

2,766 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,766 sqft

Price per Sqft $298

MLS Listing ID 22504684

HOA Y/N No

Abv Grd Liv Area 2,766

Year Built 1910

Annual Tax Amount $4,678

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Source Cape Cod & Islands API

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

Area Hyannis Park

Zoning SF

Direction Please utilize GPS for most accurate directions from your location

Rooms

Basement Interior Entry, Full

Interior

Cooling Central Air

Flooring Hardwood, Carpet

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Sign

View Y/N No

Roof Type Shingle

Building

Faces Please utilize GPS for most accurate directions from your location

Story 2

Foundation Stone

Sewer Public Sewer

Level or Stories 2

Structure Type Frame,Sheet Rock

Schools

Elementary Schools Barnstable

Middle Schools Barnstable

High Schools Barnstable

School District Barnstable

Others

Tax ID 326005

Special Listing Condition None


Cape Cod & Islands MLS (CCIMLS)
Listed by Commercial Realty Advisors, Inc.
Susana Murphy

Susana Murphy

Broker | ANAN0279

+1(508) 345-5632

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243 South Street