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Downtown Hyannis Two-Unit Building

328 Main St, Barnstable, MA 02601

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For Sale

$1,399,000

Two-unit building in downtown Hyannis with investment opportunity.

Property size:

5,348 SF

Price / SF:

$261/SF

HighLights

Prime downtown Hyannis location surrounded by businesses, shops, restaurants, and transportation.
Newly remodeled 2,674 sq. ft. unit available for immediate occupancy.
Built in 2011, offering modern construction.
Two‑unit building provides investment opportunity.
One unit is currently leased to a long‑term tenant (Beauty Salon) for immediate income.
Vibrant business community ensures high visibility and foot traffic.

We can help!

Contact an agent

Laurie Dickey

For Sale

$1,399,000

Two-unit building in downtown Hyannis with investment opportunity.

Property size:

5,348 SF

Price / SF:

$261/SF

Added:: Oct 14, 2025
Days on Market:: 257
Last Refresh:: Mar 16 at 11:00 am

Property Features for 328 Main St

General Information

Standard status: Active
Size: 5,348 SF

Building Details

Year Built: 2011

We can help!

Contact an agent

Laurie Dickey

Listing office High Pointe Properties

Listing date Oct 14, 2025

Source Corcoran

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 High Pointe Properties

HighLights

Prime downtown Hyannis location surrounded by businesses, shops, restaurants, and transportation.
Newly remodeled 2,674 sq. ft. unit available for immediate occupancy.
Built in 2011, offering modern construction.
Two‑unit building provides investment opportunity.
One unit is currently leased to a long‑term tenant (Beauty Salon) for immediate income.
Vibrant business community ensures high visibility and foot traffic.

Overview

Located in downtown Hyannis, this two-unit building was constructed in 2011 and presents an investment opportunity. One unit is currently leased to a long-term tenant operating a beauty salon. The second unit, which is newly remodeled, offers 2,674 square feet of space and is available for immediate occupancy. The property is situated within a business community, near local amenities, shops, and restaurants, with transportation access. The total property size is 5,348 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$187.4k	$35.04
− Vacancy	−$37.5k	−$7.01
EGI	$149.9k	$28.03
− OpEx	−$37.5k	−$7.01
NOI	$112.4k	$21.02

5,348 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.61M

$1.41M – $1.87M (±1% cap)

NOI $112,436 @ 7.0% cap · market cap 8.04%

Second Best

Retail

$1.57M

$1.37M – $1.83M (±1% cap)

NOI $109,837 @ 7.0% cap · market cap 7.85%

Theoretical Best

Office A

$2.18M

$1.91M – $2.54M (±1% cap)

NOI $152,554 @ 7.0% cap · market cap 10.90%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Barnstable
County: Barnstable
State: Massachusetts
Longitude: -70.3877064
Latitude: 41.7209192

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For sale
Retail space
MA
Barnstable
02601
328 Main St

What type of property is this?

Retail space - Two-unit building in downtown Hyannis with investment opportunity.

Where is this retail space located?

The property is located at 328 Main St Barnstable, MA.

What is the asking price?

The asking price for this property is $1,399,000.

What are key features of this property?

This property features: Prime downtown Hyannis location surrounded by businesses, shops, restaurants, and transportation.; Newly remodeled 2,674 sq. ft. unit available for immediate occupancy.; Built in 2011, offering modern construction.