243 South Street, Hyannis, MA 02601 (MLS # 22504684)
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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.
| DAYS ON MARKET | 78 | LAST UPDATED | 9/19/2025 |
|---|---|---|---|
| YEAR BUILT | 1910 | COMMUNITY | Hyannis Park |
| COUNTY | Barnstable | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Hyannis Park |
| BASEMENT | Full, Interior Entry, Yes |
| CONSTRUCTION | Frame |
| LOT | 0.53 acre(s) |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 4678 |
MORTGAGE CALCULATOR
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Listed with Commercial Realty Advisors, Inc.
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