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525 South Street

Hyannis, MA 02601
  • $1,850,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 22203430
UPDATED: 66 min ago
$1,850,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,240
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

School District:

Description

Mixed Use Commercial Building located within the heart of the Main Street Hyannis Business Hub now available for sale. Purchase this passive income opportunity and enjoy consistent monthly income! The building has 3 commercial units on the first floor including a beauty salon, professional accounting / tax office and personal services business. The second and third floors have 4 luxurious residential apartments. The building is 100% occupied and has been professionally managed for the last 10 years. There is ample parking to the rear of the building and the site has a full service elevator to the residential units. Many upgrades including mechanicals, equipment and more completed in the last 60 months. The building enjoys its location at the head of South Street within walking distance to all points Hyannis including grocery, medical, USPO, retail, restaurants, schools, church and island ferry service. Perfect Cape Cod Investment or move to the site and enjoy a Cape Cod Life. Easy conversion to condos for resale. Strong traffic and pedestrian counts, location, signage, frontage, condition and financials make this property a MUST SEE! Make your dream Cape Cod Investment!

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Cape Cod & Islands MLS logo © 2022 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: 2022-08-10T22:25:37.827.
www.randatlantic.com/homes/130468994
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525 South Street Hyannis, MA 02601

  • Price: $1,850,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 66 min ago
  • MLS #: 22203430
0
Beds
0
Baths
0
½ Baths
0.2
Acres
9,240
SQFT
$200
$/SQFT
2005
Built
Neighborhood:
Barnstable
County:
Barnstable
Area:
Barnstable
School District:
Barnstable
Property Description
Mixed Use Commercial Building located within the heart of the Main Street Hyannis Business Hub now available for sale. Purchase this passive income opportunity and enjoy consistent monthly income! The building has 3 commercial units on the first floor including a beauty salon, professional accounting / tax office and personal services business. The second and third floors have 4 luxurious residential apartments. The building is 100% occupied and has been professionally managed for the last 10 years. There is ample parking to the rear of the building and the site has a full service elevator to the residential units. Many upgrades including mechanicals, equipment and more completed in the last 60 months. The building enjoys its location at the head of South Street within walking distance to all points Hyannis including grocery, medical, USPO, retail, restaurants, schools, church and island ferry service. Perfect Cape Cod Investment or move to the site and enjoy a Cape Cod Life. Easy conversion to condos for resale. Strong traffic and pedestrian counts, location, signage, frontage, condition and financials make this property a MUST SEE! Make your dream Cape Cod Investment!
Exterior Features

Construction Materials ClapboardSheet RockFrame Exterior Features OtherRear EntranceSign Foundation Details Poured Lot Features House Of WorshipIn Town LocationMarinaMedical FacilitySchoolShoppingLevel Open Parking No Parking Features Parking LotPaved Lot Roof Pitched Water Front No Water View No

Interior Features

Appliances Gas Water HeaterWater Heater Basement No Basement1 Locked StorageOther Cooling True Cooling Features Central Air Flooring CarpetHardwoodTile Garage No Heating Yes Heating Features Forced Air Window Features Display Window(S)

Property Features

Association No Business Type Income/Multi-FamilyOffice/Professional Current Use MixedRetailMixed Use ResRetailProfCommercial Elevation Certificate No Flood Insurance Required Not Verified Flood Zone X Improvement Assessments 1007100 Land Assessments 179600 Lead Paint Unknown Other Assessments 66400 Property Type Mixed Use Sewer Public Sewer Special List Conditions None Tax Annual Amount 15248 Tax Assessed Value 1253100 Tax Book Number C199227 Tax Year 2022 Water Source Public Year Built Description Updated/Remodeled Year Built Effective 2015 Zoning Hvb

Cape Cod & Islands MLS logo Listing information © 2022 Cape Cod & Islands Multiple Listing Service, Inc.
Listing provided courtesy of John E Ciluzzi of Premier Commercial.


Cape Cod & Islands MLS logo © 2022 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: 2022-08-10T22:25:37.827.
 
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