Flex Space with Ground-Level
New
For Sale
$260,000
270 Communication Way, Hyannis, MA 02601
Commercial Sale, Hyannis, MA
Property Size1,000 SF
Price / SF$260
Days on Market4
Property Features for 270 Communication Way
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
IND
Parking
2
Parking features
Parking Lot
Appliances
Water Heater
Elementary school district
Barnstable
Middle school district
Barnstable
High school district
Barnstable
Directions
Take a left into Communication Way, unit is located in building 5
Subdivision
Barnstable
Standard status
Active
APN
BARN M:0314 B:0041 L:00AI
Size
1,000 SF
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1184
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
1
Flooring type
Concrete
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
William Raveis Real Estate & Home Services
(774) 994-8082
Listed By:
Christine Potoczny
(508) 280-8407
Added: Oct 7
Last Checked: Oct 10 at 1:06AM
MLS# 22605090
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 1,000-square-foot commercial condominium offers an open interior, high ceilings, and ground-level access. Concrete flooring, central air, and natural gas forced-air heat serve the unit. Built in 1988, the property also has public water and sewer connections.
The unit is at 270 Communication Way in Hyannis, with access to Route 132, Route 28, and Route 6. Parking is available in a lot on site.
The unit is at 270 Communication Way in Hyannis, with access to Route 132, Route 28, and Route 6. Parking is available in a lot on site.
Key Highlights
- 1,000‑square‑foot flex condominium
- Open interior with high ceilings and ground‑level access
- Concrete flooring, central air, and natural gas forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$972 −$0.97/SF
EGI
$20.6K $20.63/SF
− OpEx
−$6.2K −$6.19/SF
NOI
$14.4K $14.44/SF
Area
Barnstable County, MA
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Industrial
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 5.55%
Second Best
Flex RnD
$196.5K
$171.9K – $229.2K
NOI $13,753 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$407.5K
$356.6K – $475.4K
NOI $28,525 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
368
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- Cafe Express and Express Cafe @ Porky's BBQ & Grill — 75 Perseverance Way, Hyannis, MA 02601
Frequently Asked Questions
What type of property is this?
Flex space - An open commercial condominium with high ceilings and parking serves trades, storage, workshop, or small business needs.
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 $260,000.
What are key features of this property?
This property features: 1,000‑square‑foot flex condominium; Open interior with high ceilings and ground‑level access; Concrete flooring, central air, and natural gas forced‑air heat
