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27100581
27100600

243 South Street, Hyannis, MA 02601

Commercial Realty Advisors, Inc.
Listed by Commercial Realty Advisors, Inc.
$775,000
264 days on market
Updated 48 days ago

243 South Street Hyannis Investment Offering

Details
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 2,766
Net Rentable (SqFt) 2,766
Cap Rate 7.50%
Occupancy 100%
Tenancy Single
Lease Type Net
Broker Co-Op Yes
Class C
Year Built 1910
Year Renovated 1984
Buildings 1
Stories 2
Acreage 0.530
Zoning DN
Sale Condition Sale for leaseback

Fully Leased Office Building in Downtown Hyannis – 7.5% Cap Rate Investment Opportunity

Marketing description

Hyannis Investment Opportunity For Sale – 243 South Street, Hyannis, MA

Offered at $826,000, 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.

Investment highlights

  • 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.

Listing Contacts

Commercial Realty Advisors, Inc.
Listed by Commercial Realty Advisors, Inc.

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