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541 Main StreetBarnstable, MA 02601MLS Number 21908558

  • Price: $1,195,000The price has recently decreased
  • 343 Days on Market
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.72% last updated on 2020-11-25

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601541 Main Barnstable MA 02601
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Everyone knows this intriguing parcel right in the center of Main Street because of the carousel that was recently situated on the site. While the horses are gone, the arcade is still here, along with a number of other businesses, some seasonal, that lease space here. The current owners have very much enjoyed running the arcade and carousel over the past few years, but have decided that their interests are moving in another direction. This is a great opportunity for either improving the current rents and buildings to increase the income, or for someone to build new with a possibility of apartments and commercial space. Hyannis Village Business Zone allows many uses - please check with the town. In addition, this property is in the Federal Opportunity Zone, creating some advantageous tax credits for qualifying transactions. There is major upside here, and the owners are willing to consider creative financing such as a Lease/Purchase or partial owner financing for a qualified buyer. Call for details.
Listed by Nat S Santoro of Kinlin Grover Commercial

Driving Directions

East Coast Inn Brokers

Your Local Office

East Coast Inn Brokers
PO Box 6211
Brattleboro VT, 05302

Office: 802.254.7279

More Info

Parking

  • Parking Spaces10
  • Parking DescriptionCommon Lot, Off-Street, Paved Lot, Street/Public

Building

  • Year Built1960
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsNo
  • Total Number Commercial Units1
  • Stories1
  • BasementCape Cod, Partial
  • CondoNo
  • FoundationOther
  • Lead PaintUnknown
  • Square Feet6757
  • SQFT Source DisplayField Card

Utilities

  • Hot Water or Water HeatOther
  • WaterTown Water
  • Heat SystemForced Hot Water
  • CoolingFixed Wall System
  • Fuel TypeNatural Gas
  • SewerPublic Sewer

Other

  • Publish to Internet1
  • Title Reference BookC201719
  • Business with Real EstateNo
  • CoListing Member NameSharon K Dixon
  • CoListing Member Phone(508) 240-0334
  • Special List CondNone
  • View Count1

Basic Information

  • Date Listed12/19/2019
  • Property Type DisplayD
  • Business TypeRetail
  • List Price$1,195,000
  • Modification Date07/29/2020
  • Original Price$1,195,000
  • Business NameWackenhammer's Clockwork Arcade
  • Business OperatingYes
  • Present UseRetail, Strip Center
  • MLS Number21908558
  • MLS StatusActive

Interior

  • WallsSheet Rock
  • FlooringVinyl

Exterior

  • Siding DescriptionShingle
  • Exterior FeaturesCurb Cuts, Display Window, Out Storage, Rear Entrance, Sign
  • Roof DescriptionAsphalt, Composition

Water Body

  • WaterfrontNo
  • Beach DescriptionNantucket Sound
  • Water ViewNo
  • Water AccessPublic

Photos

  • Number of Photos17
  • Last Picture Change Date Time07/29/2020

Location

  • Building Number541
  • StreetMain
  • Street SuffixStreet
  • VillageHyannis
  • StateMA
  • Topography Lot DescriptionCleared, Corner, Level
  • Zip02601
  • CountyBarnstable
  • TownBarnstable
  • Directions to PropertyCenter of Hyannis' Main Street, on the corner of Main and Pine Ave.
  • School DistrictBarnstable

Property

  • Acreage0.54
  • Lot Size Square Feet23522
  • Number of Buildings2
  • Flood ZoneNot Verified
  • Lot Size SourceField Card
  • RenovatedNo

Amenities

  • Convenient ToHouse of Worship, In Town Location, Marina, Medical Facility, School, Shopping
  • Business IncludesNone
  • UsmAmenitiesBasement, Horse Property

Auction

  • Total Assessments$934,800
  • Improvement Assessment$710,300
  • Other Assessments$4,500

Ask A Question

Call: 802.254.7279

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broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than CCAI - East Coast Inn Brokers are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor CCAI - East Coast Inn Brokers shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated November 26, 2020. All properties are subject to prior sale, changes, or withdrawal.

CCAI - East Coast Inn Brokers has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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