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Downtown Hyannis Professional Office Building

33 Bassett Ln, Hyannis, MA 02601

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For Sale

$1,999,000

Professional office building in the heart of Downtown Hyannis.

Type:Commercial

Property size:

8,000 SF

Price / SF:

$249/SF

HighLights

Prime location in the heart of Downtown Hyannis, Cape Cod's premier business location.
±8,000 Sq. Ft. professional office building with ±4,000 Sq. Ft. per floor.
Recently renovated building with central AC and gas heat.
Ample on‑site parking and adjacent to a public parking lot.
Zoned HVB (Hyannis Village Business) by the Town of Barnstable.
Full storage basement.

We can help!

Listing Contact

Kevin A. Pepe

Learn more

For Sale

$1,999,000

Professional office building in the heart of Downtown Hyannis.

Type:Commercial

Property size:

8,000 SF

Price / SF:

$249/SF

Added:: Apr 24, 2026
Days on Market:: 55
Last Refresh:: Apr 24 at 6:06 pm

Property Features for 33 Bassett Ln

General Information

Standard status: Active
Size: 8,000 SF
Property subtype: Commercial

Building Details

Year Built: 1985

We can help!

Listing Contact

Kevin A. Pepe

Listing agent Kevin A. Pepe

Listing office Commercial Realty Advisors, Inc.

Listing date Apr 24, 2026

Source Elliman

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.

HighLights

Prime location in the heart of Downtown Hyannis, Cape Cod's premier business location.
±8,000 Sq. Ft. professional office building with ±4,000 Sq. Ft. per floor.
Recently renovated building with central AC and gas heat.
Ample on‑site parking and adjacent to a public parking lot.
Zoned HVB (Hyannis Village Business) by the Town of Barnstable.
Full storage basement.

Overview

This professional office building offers an investment opportunity in the heart of Downtown Hyannis, steps away from Main Street and North Street. The building has approximately 8,000 square feet of shared office space, with roughly 4,000 square feet per floor, and includes a full storage basement. The property has been recently renovated and features central AC and gas heat. It is located in a prime location zoned HVB (Hyannis Village Business) by the Town of Barnstable and offers ample onsite parking, and is adjacent to a public parking lot.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$280.3k	$35.04
− Vacancy	−$56.1k	−$7.01
EGI	$224.3k	$28.03
− OpEx	−$56.1k	−$7.01
NOI	$168.2k	$21.02

8,000 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.40M

$2.10M – $2.80M (±1% cap)

NOI $168,192 @ 7.0% cap · market cap 8.41%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.26M

$2.85M – $3.80M (±1% cap)

NOI $228,204 @ 7.0% cap · market cap 11.42%

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

Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Hyannis
County: Barnstable
State: Massachusetts
Longitude: -70.2924
Latitude: 41.6607

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For sale
Office buildings
MA
Hyannis
02601
33 Bassett Ln

What type of property is this?

Office building - Professional office building in the heart of Downtown Hyannis.

Where is this office building located?

The property is located at 33 Bassett Ln Hyannis, MA.

What is the asking price?

The asking price for this property is $1,999,000.

What are key features of this property?

This property features: Prime location in the heart of Downtown Hyannis, Cape Cod's premier business location.; ±8,000 Sq. Ft. professional office building with ±4,000 Sq. Ft. per floor.; Recently renovated building with central AC and gas heat.