Corner Storefront
For Sale
$549,000
13-615 Main St, Hyannis, MA
Flexible commercial space suited to retail, restaurant, or office use.
Property Size2,200 SF
Price / SF$249.55
Days on Market183
Property Features for 13-615 Main St
General Information
Standard status
Active
Size
2,200 SF
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$6,221
Listing Agency:
Premier Commercial
(508) 815-5701
Listed By:
Michael Valentine
(508) 958-6927
Source:
Exprealty
Added: Mar 16
Changed: Sep 11
Last Checked: Sep 13 at 4:40PM
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 Premier Commercial
Investment Insights
Based on property information with market context.
Located at 13-615 Main St in Hyannis, this 2,200-square-foot storefront occupies the corner of Main Street and Sea Street. The space previously housed Harley Davidson of Cape Cod and can accommodate retail, restaurant, convenience-store, or office use. The property is offered for sale or lease.
The site is within walking distance of Nantucket Sound beaches and the Melody Tent, with nearby access to Main Street attractions, Cape Cod Hospital, island ferry service, Barnstable Municipal Airport, and banks. It is also situated within the Hyannis Main Street Business Improvement District, which supports ongoing cleanliness, safety, promotion, and economic development in the district.
The site is within walking distance of Nantucket Sound beaches and the Melody Tent, with nearby access to Main Street attractions, Cape Cod Hospital, island ferry service, Barnstable Municipal Airport, and banks. It is also situated within the Hyannis Main Street Business Improvement District, which supports ongoing cleanliness, safety, promotion, and economic development in the district.
Key Highlights
- 2,200‑square‑foot storefront at 13‑615 Main St, Hyannis, MA
- Corner position at Main Street and Sea Street
- Suitable for retail, restaurant, convenience‑store, or office use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,184
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$903,680
$903.7K
Cap Rate 7%
$645,486
$645.5K
Cap Rate 9%
$502,044
$502.0K
Market Conditions
NOI Build-Up for 2,200 SF
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.
Gross rent
$66.0K $30.00/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$64.5K $29.34/SF
− OpEx
−$19.4K −$8.80/SF
NOI
$45.2K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$903,680
Cap Rate 7%
$645,486
Cap Rate 9%
$502,044
Alternative Uses
Best Use
Retail
$645.5K
$564.8K – $753.1K
NOI $45,184 @ 7.0% cap · market cap 8.23%
Second Best
Specialty Retail
$484.7K
$424.1K – $565.5K
NOI $33,929 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$896.5K
$784.5K – $1.05M
NOI $62,756 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial space suited to retail, restaurant, or office use.
Where is this storefront property located?
The property is located at 13-615 Main St Hyannis, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,200‑square‑foot storefront at 13‑615 Main St, Hyannis, MA; Corner position at Main Street and Sea Street; Suitable for retail, restaurant, convenience‑store, or office use
