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    243 South St Hyannis, MA 02601

    For Sale
    $826,000

    SINGLE_FAMILY - Hyannis, MA

    Type:Office
    Property size:
    2,766 SF
    Lot size:
    0.53 Acres
    Days on Market:
    84
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 243 South St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    APN
    326-005
    Basement
    Full, Walk-Out Access
    Appliances
    Water Heater
    Size
    2,766 SF
    Lot size
    0.53 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Hardwood, Carpet
    Building materials
    Frame
    Roof type
    Shingle

    Commercial Realty Advisors, Inc. (508) 862-9000

    Listing agent Kevin Pepe (508) 862-9000

    Listing date Sep 19, 2025

    Copyright © 2025 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hyannis Office Building Investment

    This fully occupied professional office building offers a stable income stream, boasting a 7.5% capitalization rate. The property, spanning approximately 2,766 square feet, is situated on a 0.53-acre parcel within Hyannis' Downtown (DN) zoning district. A popular FM radio station anchors the building, benefiting from extensive IT infrastructure already in place. The tenant's long-term presence ensures financial security and operational stability for investors. Located in downtown Hyannis, the property is conveniently close to business, healthcare, and municipal hubs. Originally constructed in 1910 and effectively updated in 1984, the building blends historic character with modernized functionality. This property represents a turnkey, low-management investment opportunity in Hyannis, featuring a respected tenant and attractive returns within one of Cape Cod's strongest commercial corridors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Costume Store Skunk Funk Clothing Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hyannis
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.283223
    Latitude
    41.65066

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    FAQs

    What type of property is this?
    Office building - Fully occupied office building with stable income and prime location.
    Where is this office building located?
    The property is located at 243 South St Hyannis, MA.
    What is the asking price?
    The asking price for this property is $826,000.
    What are key features of this property?
    This property features: - 7.5% Capitalization Rate: Provides a competitive return on investment.; - Fully Leased with Reliable Cash Flow: Offers immediate and stable income.; - Established Occupant: Anchored by a well-known FM radio station.
    (508) 862-9000
    Request Owner's contact information
    243 South St Hyannis, MA 02601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 South St Hyannis, MA 02601
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