Downtown Hyannis Commercial
460 Main St, Hyannis, MA 02601
Prime investment opportunity in the heart of Downtown Hyannis.
Type:Commercial
Property size:
6,300 SFPrice / SF:
$317/SF- Added:
- Apr 24, 2026
- Days on Market:
- 29
- Last Refresh:
- Apr 24 at 6:06 pm
Property Features for 460 Main St
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1987
Listing agent Kevin A. Pepe (508) 862-9000
Listing office Commercial Realty Advisors, Inc. (508) 862-9000
Listing date Apr 24, 2026
Source Elliman
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.
HighLights
- Prime Main Street location in Downtown Hyannis.
- Boasting ±6,300 SF, this commercial building presents a great opportunity.
- High walk score (93, Walker's Paradise) makes it easy to access nearby amenities.
- Investment opportunity in an active commercial district.
- Highly visible property.
- Year Built: 1987.
Overview
A commercial building with approximately 6,300 square feet of space is available for purchase. The property is located in Downtown Hyannis on Main Street. This location is considered highly visible and is situated in one of Cape Cod’s active commercial districts. The property has a walk score of 93, indicating it is a walker's paradise. The bike score is 65, making it bikeable. The transit score is 45, indicating some transit options are available. The sale includes the real estate only; the operating business is not included.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$1.44M
NOI $129,389 @ 9.00% cap · cautious / downside scenario
Moderate
$1.85M
NOI $129,389 @ 7.00% cap · market / base-case scenario
Aggressive
$2.59M
NOI $129,389 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 Use Scenarios
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.
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Bee & Blossom — 675 Main St, Hyannis, MA 02601
Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.2924
- Latitude
- 41.6607
Nearby Similar for Sale
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 Hyannis, 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.; Boasting ±6,300 SF, this commercial building presents a great opportunity.; High walk score (93, Walker's Paradise) makes it easy to access nearby amenities.
