Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    294 Main St Hyannis, MA 02601

    Sponsored
    For Sale
    Pending
    $749,000

    COMMERCIAL - Hyannis, MA

    Property size:
    3,092 SF
    Lot size:
    0.09 Acres
    Days on Market:
    3
    Last Refresh:
    Feb 13 at 11:06 pm

    Property Features for 294 Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    APN
    327-254
    Interior features
    High Speed Internet
    Basement
    Full
    Appliances
    Water Heater
    Size
    3,092 SF
    Lot size
    0.09 Acres

    Utilities

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

    Building Details

    Year built
    1952
    Floors in Building
    1
    Flooring type
    Vinyl, Heavy duty, Tile
    Building materials
    Concrete
    Roof type
    Asphalt

    We can help!

    Listing Contact
    John E. Ciluzzi
    John E. Ciluzzi

    Premier Commercial (508) 815-5700

    Listing agent John E Ciluzzi (508) 962-5033

    Listing date Feb 11, 2026

    MLS# 22504474

    Copyright © 2026 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.

    Learn more

    Property Insight Report

    Overview

    Retro Arcade Bar For Sale

    The FLASHBACK Retro Arcade Bar & Grille space is available for purchase. This 99-seat restaurant and bar features a uniquely themed retro vibe with retro games and modern decor. The property offers both indoor and outdoor seating. Located in the heart of the Hyannis Main Street Business Improvement District, the location benefits from the district's efforts to provide a clean, safe, and fun environment for locals and visitors, as well as its active promotion of community and economic development. The property is in close proximity to Main Street attractions, Cape Cod Hospital, ferry services to the islands, and Barnstable Municipal Airport. The sale includes the land, building, improvements, equipment, and decor. The property size is 3092 square feet on a lot of 0.09 acres. Seller financing is available for qualified buyers. The property is located at 294 Main Street, Hyannis, MA 02601.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    Indian Pavilion, Anejo Mexican Bistro, Melody Tent, Raw Bar at the Bluewater Grille, Smith Family Beer Garden

    Location Insight

    • Map
    • Local Demand
    City
    Hyannis
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.281124
    Latitude
    41.654392

    Nearby Similar for Sale

    • $2,000,000
      3,415 SF

      Turn-Key Investment in Hyannis, MA

      Fully renewed mixed-use property with immediate income potential.
      712 Main St, Hyannis, MA 02601
      View Details
    • $1,285,000
      4,032 SF

      Downtown Hyannis Mixed-Use Property

      Turnkey mixed-use property with buildable lot in downtown Hyannis.
      574 Main St, Hyannis, MA 02601
      View Details
    • $2,195,000
      5,504 SF

      Reimagined Restaurant in Historic Hyannis

      Premiere restaurant with modern updates in the heart of Hyannis.
      488 South St, Hyannis, MA 02601
      View Details
    • $599,000
      Pending

      Hyannis Retail Property For Sale

      Retail property in Hyannis, MA, with redevelopment potential.
      181 Spring St, Hyannis, MA 02601
      View Details
    • $330,000
      1,414 SF

      Hyannis Commercial Business Bay/Office Unit

      Commercial business bay/office unit for sale in Hyannis, MA.
      270 Communication Way, Hyannis, MA 02601
      View Details
    • $775,000
      2,766 SF

      Hyannis Office Building Investment

      Fully leased office building in Hyannis with stable income.
      243 South St, Hyannis, MA 02601
      View Details
    • $899,000
      4,259 SF

      Prime Corner Commercial Condo, Hyannis

      High-visibility 4,200 SF commercial condo in downtown Hyannis.
      615 Main St, Hyannis, MA 02601
      View Details
    • $1,399,000
      Pending

      Downtown Hyannis Two-Unit Building

      Two-unit building in downtown Hyannis with investment opportunity.
      328 Main St, Hyannis, MA 02601
      View Details
    • $795,000
      5,790 SF

      Hyannis Commercial Condo For Sale

      Modern, renovated condo unit in Hyannis business district.
      68 Ctr St Unit, Hyannis, MA 02601
      View Details
    • $675,000
      Pending

      Main Street Retail and Residence

      Prime Hyannis location with retail space and on-site residence.
      547 Main St, Hyannis, MA 02601
      View Details
    • $625,000
      1,440 SF

      Hyannis Duplex: Investment Opportunity

      Hyannis duplex with strong rental potential near Main Street.
      10 Hiramar Rd, Hyannis, MA 02601
      View Details
    • $698,000
      16,239 SF

      Established Restaurant Business For Sale

      Turnkey restaurant and bar with high traffic and loyal clientele.
      950 Iyannough Rd, Hyannis, MA 02601
      View Details

    FAQs

    What type of property is this?
    Bar - Unique 99-seat restaurant/bar in Hyannis Main Street Business District.
    Where is this bar located?
    The property is located at 294 Main St Hyannis, MA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Hyannis Main Street Business Improvement District.; - Sale includes land, building, improvements, equipment, and decor.; - 99-seat restaurant/bar with indoor and outdoor seating.
    (508) 962-5033
    Request Owner's contact information
    294 Main St Hyannis, MA 02601
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    294 Main St
    Hyannis, MA 02601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    294 Main St Hyannis, MA 02601
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John E. Ciluzzi
    John E. Ciluzzi
    Real Estate License ID: MA 8990
    (508) 962-5033 (508) 815-5701 (508) 815-5700
    Learn more
    Google sign-in failed. Please try again or use another login method.