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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.

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:326 L:005,2222488

Tax Information

  • Tax Year 2025
  • Taxes$5,339

Basic Information

  • List Price$775,000
  • MLS Number73433263
  • Modification Date01/13/2026

Location

  • Address243 South Street
  • Building Number243
  • CountyBarnstable
  • StateMA
  • StreetSouth Street
  • TownBarnstable
  • Zip02601

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer
  • Year Built1910

Property

  • Acreage0.53

Property Information

  • Living Area 2,766
  • Lot Size Square Feet 23,087
  • Lot Size Units Acres
  • Square Feet2,766

Legal

  • ZoningDN
  • Zoning Description Legal Conforming

Other

  • Date Listed09/19/2025
  • Farm Land Area Units Square Feet
  • View Count5

Map Location

Driving Directions

Listed by Kevin A. Pepe of Commercial Realty Advisors,Inc.

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