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    215 Main Street Hyannis, MA 02601 Hyannis, MA 02601

    Sponsored
    For Lease
    $0.02 SF/Yr

    High-traffic corner, 1860 sq ft, approved site plan.

    Lot size:
    1,860 SF

    Description

    Added:
    Dec 26, 2024
    Days on Market:
    376
    This 1860-square-foot restaurant space is located on a high-traffic corner in Hyannis, Massachusetts, within Barnstable County. Previously occupied by a Papa John's Pizza franchise, the property benefits from an existing layout suitable for quick adaptation to a new food service operation. The Town of Barnstable has already approved the site plan, streamlining the permitting process for a prospective tenant. While some tenant improvements may be necessary, this prime location offers exceptional visibility and foot traffic, making it ideal for a variety of restaurant concepts seeking to establish or expand their business in a vibrant and bustling area. The property is listed at a monthly rate per square foot. The address is 215 Main Street, Hyannis, MA 02601. This is a single-tenant space, perfect for a restaurant operator looking for a turnkey opportunity in a high-demand location. The property is zoned for restaurant and retail uses.

    Property Features for 215 Main Street Hyannis, MA 02601

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,860 SF
    Total Parking Spaces
    12
    Elevators
    N/A
    Total Rate
    3.1

    HighLights

    • High‑traffic corner location in Hyannis, MA.
    • Approved Barnstable Site Plan; previously a Papa John's.
    • 1860 sq ft restaurant space, ready for tenant improvements.
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Clothing Store Department Store Hotel & Motel Kitchen & Bath HVAC Service Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hyannis
    State
    Massachusetts
    Longitude
    -71.78036
    Latitude
    42.25063

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    FAQs

    What type of property is this?
    Restaurant - High-traffic corner, 1860 sq ft, approved site plan.
    Where is this restaurant located?
    The property is located at 215 Main Street Hyannis, MA 02601 Hyannis, MA.
    What is the lease rate?
    The lease rate is $0.02 SF/Yr.
    What are key features of this property?
    This property features: High-traffic corner location in Hyannis, MA.; Approved Barnstable Site Plan; previously a Papa John's.; 1860 sq ft restaurant space, ready for tenant improvements.
    (713) 705-0400
    Request Owner's contact information
    215 Main Street Hyannis, MA 02601 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

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    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
    215 Main Street Hyannis, MA 02601 Hyannis, MA 02601
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