Occupied Storefront Retail
For Sale
$255,000
569 Main Street, Hyannis, MA 02601
Commercial Sale, Hyannis, MA
Property Size532 SF
Price / SF$479.32
Days on Market124
Property Features for 569 Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
DMS
Appliances
Water Heater
Elementary school district
Barnstable
Middle school district
Barnstable
High school district
Barnstable
Directions
Take US-6 E, Take exit 68 to merge onto MA-132 S/Iyannough Rd toward Hyannis; Slight right onto Bearses Way; At the traffic circle, continue straight onto Bassett Ln; Turn right onto Main St;
Subdivision
Barnstable
Standard status
Active
APN
HYAN M:308 L:11100E
Size
532 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1109
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1987
Floors in Building
1
Flooring type
Laminate
Building materials
Shingle Siding
Roof type
Shingle
Listing Agency:
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed By:
Kevin Pepe
(508) 862-9000
Added: Apr 30
Changed: Aug 20
Last Checked: Aug 31 at 9:06PM
MLS# 22601876
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.
Investment Insights
Based on property information with market context.
This 532-square-foot storefront unit at 569 Main Street is currently occupied by a mobile phone sales and repair retailer. The compact retail format is suited to customer-facing sales and service activity.
Built in 1987, the property has shingle siding, laminate flooring, and a shingle roof. Building systems include natural gas forced-air heating, wall-unit cooling, and a water heater. Public water and public sewer serve the unit. Its Hyannis address places the property on Main Street within the 02601 postal area.
Built in 1987, the property has shingle siding, laminate flooring, and a shingle roof. Building systems include natural gas forced-air heating, wall-unit cooling, and a water heater. Public water and public sewer serve the unit. Its Hyannis address places the property on Main Street within the 02601 postal area.
Key Highlights
- 532 SF storefront unit
- Currently occupied by a mobile phone sales and repair retailer
- Located at 569 Main Street in Hyannis, MA 02601
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,926
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$218,520
$218.5K
Cap Rate 7%
$156,086
$156.1K
Cap Rate 9%
$121,400
$121.4K
Market Conditions
NOI Build-Up for 532 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$16.0K $30.00/SF
− Vacancy
−$351 −$0.66/SF
EGI
$15.6K $29.34/SF
− OpEx
−$4.7K −$8.80/SF
NOI
$10.9K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$218,520
Cap Rate 7%
$156,086
Cap Rate 9%
$121,400
Alternative Uses
Best Use
Retail
$156.1K
$136.6K – $182.1K
NOI $10,926 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.8K
$189.7K – $252.9K
NOI $15,176 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,565
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 21%
Apparel 5%
Hotels & Casinos 4%
McDonald's
Dining
15,813 visits/mo
0.2 miles
Burger King
Dining
7,526 visits/mo
0.2 miles
Santander Bank
Shops & Services
3,376 visits/mo
0.2 miles
Balise Ford
Shops & Services
2,850 visits/mo
0.3 miles
Wings Beachwear
Apparel
1,826 visits/mo
0.1 miles
Demographics for 02601, MA
16,487
Population
9,077
Households
1.8
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$62,989
Median Household Income
$36,183
Median Earnings
$1,629
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Bee & Blossom — 675 Main St, Hyannis, MA 02601
Frequently Asked Questions
What type of property is this?
Storefront property - Currently occupied by a mobile phone sales and repair retailer with an established retail operating format.
Where is this storefront property located?
The property is located at 569 Main Street Hyannis, MA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: 532 SF storefront unit; Currently occupied by a mobile phone sales and repair retailer; Located at 569 Main Street in Hyannis, MA 02601
