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

    328 Main St Hyannis, MA 02601

    Sponsored
    For Sale
    Pending
    $1,399,000

    COMMERCIAL - Hyannis, MA

    Type:Retail
    Property size:
    5,348 SF
    Lot size:
    0.13 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 20 at 2:06 am

    Property Features for 328 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Pending
    Security features
    Security System
    APN
    HYAN M:327 L:092
    Parking
    20
    Parking features
    On Street
    Appliances
    Water Heater
    Size
    5,348 SF
    Lot size
    0.13 Acres

    Utilities

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

    Building Details

    Year built
    2011
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Brick
    Roof type
    Tar/Gravel

    We can help!

    Listing Contact
    Laurie A Dickey
    Laurie A Dickey

    High Pointe Properties (774) 444-5444 [email protected]

    Listing agent Laurie A Dickey (774) 444-5444

    Listing date Jan 8, 2026

    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

    Downtown Hyannis Two-Unit Building

    Located in downtown Hyannis, this two-unit building was built in 2011. One unit is leased to a long-term tenant operating a beauty salon. The second unit, offering 2,674 square feet, has been newly remodeled and is available for immediate occupancy. The property is situated within a vibrant business community, near local amenities, shops, restaurants, and transportation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Clothing Store Hotel & Motel Gym & Fitness Department Store Kitchen & Bath HVAC Service Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hyannis
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.282115
    Latitude
    41.653809

    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
    • $899,000
      4,033 SF

      Versatile Commercial Property in Hyannis

      High-visibility commercial property with flexible space in a vibrant location.
      307 Falmouth Rd, Hyannis, MA 02601
      View Details
    • $599,000
      2,822 SF

      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
    • $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
    • $574,900
      2,228 SF

      Historic Hyannis Main Street Property

      Prime location suitable for retail, restaurant, or office use.
      615-617 Main St, Hyannis, MA 02668
      View Details
    • $574,900

      Historic Hyannis Main Street Property

      2,200 SF space ideal for restaurant or retail.
      615 Main St, Hyannis, MA 02601
      View Details
    • $849,000

      Established Uniform Supply Business For Sale

      Profitable uniform and equipment supplier serving first responders for 35+ years.
      11 Enterprise Rd, Hyannis, MA 02601
      View Details
    • $665,000
      1,300 SF

      Hyannis Route 28 Retail Opportunity

      Restaurant building for sale on busy Route 28 in Hyannis.
      225 Iyannough Rd, Hyannis, MA 02601
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-unit building in downtown Hyannis with investment opportunity.
    Where is this retail space located?
    The property is located at 328 Main St Hyannis, MA.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - Prime downtown Hyannis location, surrounded by businesses, shops, and restaurants.; - Newly remodeled 2,674 sq. ft. unit available for immediate occupancy.; - Two-unit building offering investment income from existing tenant (Beauty Salon).
    (774) 444-5444
    Request Owner's contact information
    328 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.
    328 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
    328 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
    Laurie A Dickey
    Laurie A Dickey
    Real Estate License ID: 455000054
    (774) 444-5444
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.