243 South Street, Hyannis, MA 02601

• 2,766 sqft

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 Pepe : 508-862-9000

MLS ID:

22504684

Interior

• Appliances: Natural GasWater Heater
• Basement: Walk-Out AccessFullInterior Access
• Flooring: HardwoodOtherCarpet
• A/C: Central Air
• Heating: Natural GasForced Air

Construction

• Roofing: Shingle
• General: Frame2Stone

Location

• Originating MLS: Cape Cod & Islands Association of REALTORS®
• County: Barnstable

Lot

• Zoning: 326-005

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Cape Cod & Islands Association of REALTORS®

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