247 Main Street, Hyannis, MA 02601
- Added:
- Apr 24, 2026
- Days on Market:
- 74
- Last Refresh:
- Jul 6 at 6:06 am
Property Features for 247 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Basement
- Finished
- Appliances
- Water Heater
- Standard status
- Active
- APN
- HYAN M:327 L:24600A
- Size
- 2,783 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4546
Utilities
- Utilities
- Phone Available
- Sewer type
- Public Sewer
- Cooling system
- Central Air, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Flooring type
- Tile, Hardwood, Vinyl
- Building materials
- Clapboard
- Roof type
- Flat
Listing agent John E Ciluzzi License #8990 (508) 962-5033
Listing office Premier Commercial 1645 Falmouth Road, Building G, Centerville, MA (508) 815-5700
Listing date Apr 24, 2026
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Completely renovated restaurant condo in the Business Improvement District (Hyannis Market)
- Licensed for 72 seats on multiple levels
- Spacious commercial kitchen
- Large deck overlooking Main Street (may be revitalized)
- Built in 1900 with clapboard construction; flat roof; tile, hardwood, and vinyl flooring
- Utilities include public water and public sewer; central air and wall unit(s); phone available; water heater included
Overview
The property is located in the Business Improvement District on the East End of Main Street in Hyannis. It is described as being in close proximity to Sea Captains Row, 255 Main Street residential workforce developments, the USPO, nearby shops, and the Island Ferry Service and Transportation Center. Visibility and access are supported by the Main Street frontage.
For restaurateurs seeking a relocation opportunity, the combination of renovated condition, multi-level licensed seating, and a commercial kitchen supports an efficient move-in approach. The deck overlooking Main Street can support guest experience if refreshed. Additional residential condo may also be available to interested parties, and seller financing is noted as potentially available for qualified buyers.
Local Financial Insights For Specialty 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 | $60.1k | $21.60 |
| − Vacancy | −$2.9k | −$1.04 |
| EGI | $57.2k | $20.56 |
| − OpEx | −$14.3k | −$5.14 |
| NOI | $42.9k | $15.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.279478
- Latitude
- 41.654288
