$826,000

243 South St, Barnstable, MA 02601

  • 2,766 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $299/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
September 19, 2025 at 05:00AM
Listing Office:
Commercial Realty Advisors, Inc. : 508-862-9000
Listing Agent:
Kevin A. Pepe : 508-862-9000
MLS ID:
73433263
  • Originating MLS: MLS Property Information Network
  • County: Barnstable
  • Zoning: DNM:326 L:0052222488
  • Utilities: Public WaterPublic Sewer
  • Source: MLS Property Information Network

This listing courtesy of Kevin A. Pepe, Commercial Realty Advisors, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Barnstable Community Innovation School

165 Bearses Way, Hyannis, MA, 02601

Grades KG-3

0.61 miles away

B

Barnstable High School

744 W Main St, Hyannis, MA, 02601

Grades 8-12

1.93 miles away

B

Barnstable High School

744 W Main St, Hyannis, MA, 02601

Grades 8-12

1.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.