Downtown Hyannis Commercial
460 Main St Barnstable, MA 02601
460 Main St, Barnstable, MA, 02601
$1,999,000
For Sale
$1,999,000
Prime investment opportunity in the heart of Downtown Hyannis.
Property Size6,300 SF
Price / SF$317.30
Days on Market84
Property Features for 460 Main St
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing Agency
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed by
Kevin A. Pepe
(508) 862-9000
Source
Liongatere
Added: Apr 25 Checked: Jul 17 at 2:16 am
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 Commercial Realty Advisors, Inc.
Investment Insights
Based on property information with market context.
A commercial building with approximately 6,300 square feet of space is available for purchase. Located in downtown Hyannis on Main Street, this property offers high visibility. The sale includes the real estate only. The operating business is not included in the offering. This property presents an opportunity for investors and owner-users to acquire a core asset in one of Cape Cod's most active commercial districts.
Key Highlights
- Prime Main Street location in Downtown Hyannis
- ±6,300 SF commercial building
- Highly visible property
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $189.0k | $30.00 |
| − Vacancy | −$4.2k | −$0.66 |
| EGI | $184.8k | $29.34 |
| − OpEx | −$55.5k | −$8.80 |
| NOI | $129.4k | $20.54 |
6,300 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,389 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $179,710 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Bee & Blossom — 675 Main St, Hyannis, MA 02601
FAQs
What type of property is this?
Storefront property - Prime investment opportunity in the heart of Downtown Hyannis.
Where is this storefront property located?
The property is located at 460 Main St Barnstable, MA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime Main Street location in Downtown Hyannis; ±6,300 SF commercial building; Highly visible property
