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Mixed-Use Property with Apartments
New
For Sale
$1,950,000

252 Main St, Hyannis, MA

The building combines convenience retail, a railroad ticket office and two residential apartments.

Property Size5,358 SF
Price / SF$363.94
Days on Market4

Property Features for 252 Main St

General Information

Standard status Active
Size 5,358 SF

Additional Details

Asking Price $1,950,000
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,146
Listing Agency: Commercial Realty Advisors, Inc.
Listed By: Kevin A. Pepe
Source: Exprealty
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 8:29AM

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.

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Investment Insights

Based on property information with market context.

Built in 1900, this mixed-use building at 252 Main St in Barnstable Town contains convenience retail, a Cape Cod Central Railroad ticket office and two residential apartments. The property is identified as being in Hyannis.

WalkScore is 87, BikeScore is 67 and TransitScore is 46.

Key Highlights

  • Includes convenience retail, a Cape Cod Central Railroad ticket office and two residential apartments
  • Built in 1900
  • WalkScore: 87, Very Walkable

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,043
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,200,860 $2.2M
Cap Rate 7%
$1,572,043 $1.6M
Cap Rate 9%
$1,222,700 $1.2M
Market Conditions
NOI Build-Up for 5,358 SF
Gross rent
$160.7K $30.00/SF
− Vacancy
−$3.5K −$0.66/SF
EGI
$157.2K $29.34/SF
− OpEx
−$47.2K −$8.80/SF
NOI
$110.0K $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 Rate 5%
$2,200,860
Cap Rate 7%
$1,572,043
Cap Rate 9%
$1,222,700

Alternative Uses

Best Use
Retail
$1.57M
$1.38M – $1.83M (±1% cap)
NOI $110,043 @ 7.0% cap · market cap 5.64%
Second Best
Specialty Retail
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,633 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$2.18M
$1.91M – $2.55M (±1% cap)
NOI $152,839 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Storage Facility Electrical Service Garden Center Pet Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The building combines convenience retail, a railroad ticket office and two residential apartments.
Where is this mixed-use property located?
The property is located at 252 Main St Hyannis, MA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Includes convenience retail, a Cape Cod Central Railroad ticket office and two residential apartments; Built in 1900; WalkScore: 87, Very Walkable
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Includes: Price & PSF · Cap rate · Location · Zoning

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