Front-Entrance Flex Office
For Sale
$299,000
Pending
270 Communication Way, Hyannis, MA 02601
COMMERCIAL - Hyannis, MA
Property Size1,414 SF
Days on Market209
Property Features for 270 Communication Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
IND
Parking
2
Appliances
Water Heater
Lot features
Level
Elementary school district
Barnstable
Middle school district
Barnstable
High school district
Barnstable
Directions
Route 132 to Independence Drive to Communication Way, Hyannis, Cape Cod, MA USA
Subdivision
Barnstable
Standard status
Pending
APN
314 041 00A
Size
1,414 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1691
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
2
Flooring type
Carpet
Roof type
Flat
Listing Agency:
Premier Commercial
(508) 815-5700
Listed By:
John E Ciluzzi · License #8990
(508) 962-5033
Added: Jan 4
Changed: Jun 29
Last Checked: Aug 1 at 10:06AM
MLS# 22600016
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.
Investment Insights
Based on property information with market context.
This end commercial business bay and office unit is available in a Communication Way industrial development. Positioned as the first unit when turning into the complex, it benefits from light at the end of the building and many windows. The space is approximately 1,414 square feet and is arranged over two floors, with floor plans available for review. Inside, the layout includes multiple offices plus mezzanine space upstairs. Operationally, the unit also features an overhead door to the rear, supporting day-to-day needs that combine office functions with practical access to storage or work areas. Recent upgrades are noted, and the unit is described as easy to show.
The property has strong frontage and signage and is situated at the front entrance of the Communication Way industrial development. It is located off Industrial Drive in Hyannis on Cape Cod, with proximity to US Route 6 exits 6 and 7.
With its office configuration, windowed interior, and rear overhead door, the unit can fit a range of tenant needs, including trades, storage, sales, or a business start-up that requires both client-ready workspace and convenient access for equipment or inventory. The combination of offices, mezzanine space, and flexible loading access makes it workable for owner-occupants as well as investors seeking a commercial unit in a business condo setting.
The property has strong frontage and signage and is situated at the front entrance of the Communication Way industrial development. It is located off Industrial Drive in Hyannis on Cape Cod, with proximity to US Route 6 exits 6 and 7.
With its office configuration, windowed interior, and rear overhead door, the unit can fit a range of tenant needs, including trades, storage, sales, or a business start-up that requires both client-ready workspace and convenient access for equipment or inventory. The combination of offices, mezzanine space, and flexible loading access makes it workable for owner-occupants as well as investors seeking a commercial unit in a business condo setting.
Key Highlights
- Prime location at the front entrance of the sought‑after Communication Way Industrial Development.
- 1,414 sq ft commercial unit with two floors, multiple offices, and mezzanine space.
- Excellent frontage and signage opportunities.
Financial Insights For Industrial
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 | $30.5k | $21.60 |
| − Vacancy | −$1.4k | −$0.97 |
| EGI | $29.2k | $20.63 |
| − OpEx | −$8.8k | −$6.19 |
| NOI | $20.4k | $14.44 |
1,414 SF · lease $21.60/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$424.7K
$371.6K – $495.5K
NOI $29,728 @ 7.0% cap · market cap 9.94%
Second Best
Industrial
$291.7K
$255.2K – $340.3K
NOI $20,418 @ 7.0% cap · market cap 6.83%
Theoretical Best
Office A
$576.2K
$504.2K – $672.3K
NOI $40,335 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 02601, MA
16,487
Population
9,077
Households
1.8
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$62,989
Median Household Income
$36,183
Median Earnings
$1,629
Median Rent
$408,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - End unit with multiple offices, many windows, and a rear overhead door for flexible business and storage use.
Where is this flex space located?
The property is located at 270 Communication Way Hyannis, MA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Prime location at the front entrance of the sought‑after Communication Way Industrial Development.; 1,414 sq ft commercial unit with two floors, multiple offices, and mezzanine space.; Excellent frontage and signage opportunities.
