243 South St - Office FOR SALE


Hyannis, MA 02601
$775,000 USD
508-962-5022
243 South St, Hyannis, MA for Sale
$775,000 USD
Office - FOR SALE
1/12
null | 7.99% Cap Rate

243 South St
Hyannis, MA 02601


HIGHLIGHTS

  • Income-Producing Asset: Fully leased with reliable cash flow.
  • Established Occupant: Well-known broadcast station with specialized infrastructure in place.
  • Turnkey, low-management Hyannis investment with a respected tenant and attractive returns

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

7.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

DN

APN/PARCEL ID

HYAN-000326-000000-000005

ASK ABOUT THIS PROPERTY

Kevin PepeCommercial Realty Advisors, Inc.More Info
508-962-5022

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Kevin PepeCommercial Realty Advisors, Inc.More Info
508-962-5022

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.