Retail Storefront with Service
For Sale
$255,000
2-569 Main St, Hyannis, MA
Turnkey retail unit with showroom, service counter, and rear storage for immediate tenancy.
Property Size532 SF
Price / SF$479.32
Days on Market155
Property Features for 2-569 Main St
General Information
Standard status
Active
Size
532 SF
Occupancy
100%
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,109
Building Details
Tenancy
Single
Listing Agency:
Commercial Realty Advisors, Inc.
(508) 862-9000
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Exprealty
Added: Mar 19
Changed: Aug 20
Last Checked: Aug 20 at 9:59AM
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 532-square-foot retail storefront is currently occupied by a mobile phone sales and repair retailer, offering in-place tenancy for an owner. The space features a bright retail showroom designed around extensive product display shelving, with modern vinyl plank flooring and updated lighting throughout. A dedicated service counter area supports customer-facing transactions, while a rear storage and workspace area supports day-to-day operational needs related to sales and repair.
The property is located along the highly traveled Main Street retail corridor in Hyannis, positioned among restaurants, retail shops, and entertainment venues. The surrounding mix also includes seasonal tourist activity, which contributes to consistent pedestrian traffic and strong downtown visibility.
For tenants, the built-out retail layout is geared toward merchandising and a smooth customer flow, with the service counter and back-of-house storage supporting a practical in-store workflow. For buyers, the current mobile sales and repair use provides a ready, operationally functional retail configuration within an active downtown retail district.
The property is located along the highly traveled Main Street retail corridor in Hyannis, positioned among restaurants, retail shops, and entertainment venues. The surrounding mix also includes seasonal tourist activity, which contributes to consistent pedestrian traffic and strong downtown visibility.
For tenants, the built-out retail layout is geared toward merchandising and a smooth customer flow, with the service counter and back-of-house storage supporting a practical in-store workflow. For buyers, the current mobile sales and repair use provides a ready, operationally functional retail configuration within an active downtown retail district.
Key Highlights
- On Main Street retail corridor with established in‑place tenant: mobile phone sales and repair retailer
- Approximately 1,532 SF commercial unit with bright retail showroom and extensive product display shelving
- Modern vinyl plank flooring with updated lighting in the retail showroom
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
$10,926
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
4.28%
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%
$218,520
$218.5K
Cap Rate 7%
$156,086
$156.1K
Cap Rate 9%
$121,400
$121.4K
Market Conditions
NOI Build-Up for 532 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
$16.0K $30.00/SF
− Vacancy
−$351 −$0.66/SF
EGI
$15.6K $29.34/SF
− OpEx
−$4.7K −$8.80/SF
NOI
$10.9K $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%
$218,520
Cap Rate 7%
$156,086
Cap Rate 9%
$121,400
Alternative Uses
Best Use
Retail
$156.1K
$136.6K – $182.1K
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
NOI $15,176 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
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.
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey retail unit with showroom, service counter, and rear storage for immediate tenancy.
Where is this storefront property located?
The property is located at 2-569 Main St Hyannis, 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: On Main Street retail corridor with established in‑place tenant: mobile phone sales and repair retailer; Approximately 1,532 SF commercial unit with bright retail showroom and extensive product display shelving; Modern vinyl plank flooring with updated lighting in the retail showroom
