Skip To Content

243 South Street

Hyannis, MA 02601
  • $826,000
  • STATUS: Active
  • ON SITE: 76 Days
  • MLS #: 22504684
UPDATED: 25 min ago
$826,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,766
    SQFT
  • $299
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:
Area:

School Ratings & Info

School District:

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.

Monthly Payment Calculator



Cape Cod & Islands MLS logo © 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2025-12-05T09:25:20.517.
www.randatlantic.com/homes/168076145
Print Image

243 South Street Hyannis, MA 02601

  • Price: $826,000
  • Status: Active
  • On Site: 76 Days
  • Updated: 25 min ago
  • MLS #: 22504684
0
Beds
0
Baths
0
½ Baths
0.53
Acres
2,766
SQFT
$299
$/SQFT
1910
Built
Neighborhood:
Barnstable
County:
Barnstable
Area:
Barnstable
School District:
Barnstable
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.
Exterior Features

Construction Materials FrameSheet Rock Exterior Features Sign Foundation Details Stone Roof Shingle Water Front No Water View No

Interior Features

Appliances Gas Water Heater Basement No Basement1 Interior EntryFull Cooling True Cooling Features Central Air Fireplace YN No Flooring HardwoodCarpet Heating Yes

Property Features

Association No Flood Insurance Required No Flood Zone X Improvement Assessments 310500 Land Assessments 201200 Lead Paint Unknown Nitrogen Sensitive Area No Other Assessments 31400 Sewer Public Sewer Special List Conditions None Tax Annual Amount 4678 Tax Assessed Value 543100 Tax Book Number 28863 Tax Year 2025 Year Built Description Updated/Remodeled Zoning SF

Cape Cod & Islands MLS logo Listing information © 2025 Cape Cod & Islands Multiple Listing Service, Inc.
Listing provided courtesy of Kevin Pepe of Commercial Realty Advisors, Inc.:


Cape Cod & Islands MLS logo © 2025 Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rand Atlantic Cape Cod Realty. Data last updated: 2025-12-05T09:25:20.517.
 
https://bt-photos.global.ssl.fastly.net/capecod/orig_boomver_1_22504684-2.jpg https://bt-photos.global.ssl.fastly.net/capecod/orig_boomver_1_22504684-2.jpg https://bt-photos.global.ssl.fastly.net/capecod/orig_boomver_1_22504684-2.jpg
Logo
Rand Atlantic Cape Cod Realty
229 Old Main Road
North Falmouth MA, 02556