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Retail Unit on Main Street

569 Main St #2 Barnstable, MA 02601

569 Main St #2, Barnstable, MA, 02601
$255,000
For Sale
$255,000

Commercial unit in active Cape Cod commercial district.

Property Size532 SF
Price / SF$479.32
Days on Market84

Property Features for 569 Main St #2

General Information

Standard status
Active
Size
532 SF
Property subtype
Commercial

Building Details

Year Built
1987
Listing Agency Commercial Realty Advisors, Inc.
Listed by Kevin A. Pepe
Source Liongatere
Added: Apr 25 Checked: Jul 16 at 12:05 pm

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.

This approximately 532 square foot commercial unit is located along the highly traveled Main Street retail corridor. Currently occupied by a mobile phone sales and repair retailer, the property provides an investor with immediate in-place tenancy within one of Cape Cod's most active commercial districts. The property benefits from consistent pedestrian traffic, strong year-round visibility, and the economic energy of downtown Hyannis, and is positioned among restaurants, retail shops, entertainment venues, and seasonal tourist activity. The unit features a bright retail showroom with extensive product display shelving, modern vinyl plank flooring, updated lighting, and a service counter area. A rear storage and workspace area supports operational needs for retail and repair services. The space has been built out specifically for retail use and offers an efficient layout that maximizes merchandising and customer flow.

Key Highlights

  • High‑traffic location on Main Street in downtown Hyannis, a prime Cape Cod commercial district.
  • Currently leased to a mobile phone retailer, providing immediate rental income.
  • Features a built‑out retail space with showroom, display shelving, service counter, and rear storage.

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 $16.0k $30.00
− Vacancy −$351 −$0.66
EGI $15.6k $29.34
− OpEx −$4.7k −$8.80
NOI $10.9k $20.54
532 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$156.1K
$136.6K – $182.1K (±1% cap)
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 (±1% cap)
NOI $15,176 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Dental Office Auto Repair Shop Electrical Service Building Supply Nail Salon Grocery & Convenience Store Storage Facility Big Box & Wholesale Store Auto Parts Store Garden Center

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

FAQs

What type of property is this?
Retail space - Commercial unit in active Cape Cod commercial district.
Where is this retail space located?
The property is located at 569 Main St #2 Barnstable, 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: High‑traffic location on Main Street in downtown Hyannis, a prime Cape Cod commercial district.; Currently leased to a mobile phone retailer, providing immediate rental income.; Features a built‑out retail space with showroom, display shelving, service counter, and rear storage.
Contact an agent
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