Our mobile site is optimized for smaller screens.

TRY IT NO THANKS

561 Main Street, Unit ABarnstable, MA 02601MLS Number 22101023

  • Price: $950,000The price has recently decreased
  • 40 Days on Market
Print
Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 3.04% last updated on 2021-04-15

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

Active
561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601561 Main Barnstable MA 02601
QR Code
Amazing opportunity to acquire a MIXED-USE INCOME PROPERTY (8% cap rate on proforma) in prime retail location on Main Street, Hyannis. This is the first time that this property has been offered since 1994. This free standing condominium is comprised of 4 units totaling 3,648+/- sf. The first floor consists of a nearly 1500 +/- sf commercial space that has historically been used as successful restaurant space (former Hyannis Oyster Co.) with tremendous outdoor patio space fronting Main St., as well as an occupied Studio apartment in the rear. The second floor of this property consists of two occupied two bedroom apartments. Each of the 3 apartments have been recently renovated. While the Main Street fronting commercial space has been used predominantly as a restaurant, it could be equally valuable as a retail space. This high visibility location is in the Hyannis Village Business District, Growth Incentive Zone and a Federal Opportunity Zone, and faces the busy intersection of Main St and Basset Ln. Financial / lease information available to qualified investors / end-users.
Listed by Kevin Pepe of Commercial Realty Advisors, Inc.

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

Basic Information

  • Unit NumberA

Location

  • Building Number561
  • StreetMain
  • Street SuffixStreet
  • VillageHyannis
  • StateMA
  • Topography Lot DescriptionCorner
  • Zip02601
  • CountyBarnstable
  • TownBarnstable
  • Directions to PropertyMain street to Basset Lane, property immediately on the left. Basset Lane south to Main Street, property across Main Street on right.
  • School DistrictBarnstable

Interior

  • Room 3 Features1 Bath,2 Bedrooms, Separate Utilities
  • Room 2 TypeApartment
  • Room 3 TypeApartment
  • Room 1 Features1 Bath, Separate Utilities, Studio
  • Room 1 TypeApartment
  • Room 2 Features1 Bath,2 Bedrooms, Separate Utilities
  • WallsSheet Rock
  • FlooringCarpet, Laminate
  • Comm 1 TypeRetail
  • Comm 1 FeaturesSeparate Utilities, Sidewalk, Year Round
  • Comm 1 Approx Sq Ft1500

Water Body

  • WaterfrontNo
  • Beach DescriptionNone
  • Water ViewNo
  • Water AccessNone

Other

  • Publish to Internet1
  • Title Reference Book25914-203
  • Business with Real EstateNo
  • Special List CondStandard
  • View Count2

Parking

  • Parking Spaces
  • Parking DescriptionCommon Lot, Street/Public

Building

  • Year Built1987
  • Building ConstructionWood Frame
  • Room 3 OccupancyOccupied
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsYes
  • Room 1 OccupancyOccupied
  • Total Number Commercial Units1
  • Stories2
  • AsbestosUnknown
  • Total Number Residential Units3
  • BasementNo Basement, Other - See Remarks
  • Comm 1 OccupancyOccupied
  • Room 2 OccupancyOccupied
  • CondoYes
  • FoundationPoured
  • Lead PaintUnknown
  • Square Feet3648
  • SQFT Source DisplayAssessor

Amenities

  • Convenient ToBike Path, Cape Cod Rail Trail, Conservation Area, Golf Course, House of Worship, In Town Location, Major Highway, Marina, Medical Facility, School, Shopping
  • Business IncludesNone
  • UsmAmenitiesBasement

Auction

  • Total Assessments$482,000
  • Improvement Assessment$482,000

Photos

  • Number of Photos16
  • Last Picture Change Date Time03/11/2021

Basic Information

  • Date Listed03/08/2021
  • Property Type DisplayD
  • Business TypeIncome/Multi-Family
  • List Price$950,000
  • Modification Date03/11/2021
  • Original Price$950,000
  • Present UseMixed, Other, Restaurant, Retail
  • MLS Number22101023
  • MLS StatusActive

Property

  • Number of Buildings1
  • Flood ZoneNot Verified
  • Lot Size SourceAssessor
  • Underground Fuel TankNo
  • RenovatedYes

Exterior

  • Siding DescriptionClapboard, Shingle
  • Exterior FeaturesDisplay Window, Fire Escape, Other - See Remarks, Rear Entrance, Sign
  • Roof DescriptionAsphalt, Composition, Pitched

Utilities

  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemForced Hot Air, Forced Hot Water
  • GasOn Site
  • CoolingOther
  • Fuel TypeNatural Gas
  • SewerPublic Sewer

Ask A Question

Call: 802.254.7279

Do not fill in this field:

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 April 16, 2021. 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.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: