Hyannis Mixed-Use Investment Opportunity

705 Main St, Barnstable, MA 02601

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For Sale

$379,000

Commercial/Residential building in Hyannis with established business and rental income.

Type:Commercial

Property size:

1,380 SF

Price / SF:

$274/SF

HighLights

Prime commercial real estate opportunity in the heart of Hyannis.
High‑traffic location surrounded by shops, restaurants, and year‑round attractions.
Commercial/Residential zoning allows for flexible use.
Established 40+ year business history.
Potential for rental income.
Suitable for long‑term investment, portfolio expansion, or redevelopment.

We can help!

Listing Contact

Diana Barton

For Sale

$379,000

Commercial/Residential building in Hyannis with established business and rental income.

Type:Commercial

Property size:

1,380 SF

Price / SF:

$274/SF

Added:: Apr 5, 2025
Days on Market:: 433
Last Refresh:: Apr 5 at 9:17 pm

Property Features for 705 Main St

General Information

Standard status: Active
Size: 1,380 SF
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

Diana Barton

Listing agent Diana Barton

Listing office Conway - Hanover

Listing date Apr 5, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Conway - Hanover

HighLights

Prime commercial real estate opportunity in the heart of Hyannis.
High‑traffic location surrounded by shops, restaurants, and year‑round attractions.
Commercial/Residential zoning allows for flexible use.
Established 40+ year business history.
Potential for rental income.
Suitable for long‑term investment, portfolio expansion, or redevelopment.

Overview

This mixed-use property is located in the heart of Hyannis and features commercial and residential zoning. The 1,380 square foot building has housed an established business for over 40 years. Situated in a high-traffic area, the property benefits from its proximity to a dynamic mix of shops, restaurants, and year-round attractions. This location offers accessibility and exposure, making it suitable for various commercial uses. The property presents opportunities for long-term investment, portfolio expansion, or redevelopment projects.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$45.5k	$33.00
− Vacancy	−$1.6k	−$1.16
EGI	$43.9k	$31.85
− OpEx	−$13.2k	−$9.55
NOI	$30.8k	$22.29

1,380 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$439.5K

$384.5K – $512.7K (±1% cap)

NOI $30,762 @ 7.0% cap · market cap 8.12%

Second Best

Retail

$404.9K

$354.3K – $472.4K (±1% cap)

NOI $28,342 @ 7.0% cap · market cap 7.48%

Theoretical Best

Office A

$562.4K

$492.1K – $656.1K (±1% cap)

NOI $39,365 @ 7.0% cap · market cap 10.39%

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

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Barnstable
County: Barnstable
State: Massachusetts
Longitude: -70.3814
Latitude: 41.7114

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What type of property is this?

Mixed-use property - Commercial/Residential building in Hyannis with established business and rental income.

Where is this mixed-use property located?

The property is located at 705 Main St Barnstable, MA.

What is the asking price?

The asking price for this property is $379,000.

What are key features of this property?

This property features: Prime commercial real estate opportunity in the heart of Hyannis.; High‑traffic location surrounded by shops, restaurants, and year‑round attractions.; Commercial/Residential zoning allows for flexible use.