Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 243 South Street in Hyannis, MA is listed for $775,000 ($280 per sqft). Built in 1910, the home offers 2,766 sqft of living space on a 0.53 acres lot.
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.
Key Features
- Built in 1910
- 0.53 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$4,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
243 South Street
Hyannis, MA 02601
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 243 South Street is listed at $775,000 ($280/sqft). The estimated monthly payment is $3,358 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.53 acre lot, 2 stories.
This property is listed by Kevin Pepe and can be reached at 5088629000 or kpepe@comrealty.net.
