# 243 South Street, Hyannis, MA 02601

> **TL;DR:** commercial, $775,000 ($280/sqft), built 1910, 2,766 sqft.
> Hardwood, A/C. Est. $3,358/mo. Listed 255 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Price/sqft | $280 |
| Square Feet | 2,766 |
| Year Built | 1910 |
| Lot Size | 23,087 sqft (0.53 acres) |
| Stories | 2 |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 255 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,358 |
| **Total** | **$3,358** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1910
- 0.53 acre lot
- 2 stories

## Description

### Agent 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

- **Address:** 243 South Street, Hyannis, MA 02601
- **County:** Barnstable
- **Coordinates:** 41.65066, -70.283223
- **Google Maps:** https://www.google.com/maps?q=41.65066,-70.283223

## Listing Agent

- **Name:** Kevin Pepe
- **Brokerage:** Commercial Realty Advisors, Inc.
- **Phone:** 5088629000
- **Email:** kpepe@comrealty.net

## Primary Photo

![243 South Street - Primary Photo](http://lh.rdcpix.com/c5375ce22071889d10dadb37bb9d4348l-f1343285492r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/243-south-street-hyannis-ma-02601-22504684)*

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**MLS#:** 22504684 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/243-south-street-hyannis-ma-02601-22504684)

---

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