Back to Search
Downtown Hyannis Commercial Building For Sale

460 Main Street C1 Hyannis Hyannis, MA 02601

Claim this Listing
For Sale
$1,999,000

Highly visible commercial building in the heart of Downtown Hyannis.

Property size:
6,216 SF
Lot size:
0.33 Acres
Price / SF:
$321.59/SF
Added:
May 16, 2026
Days on Market:
60
Last Refresh:
Jun 29 at 9:23 pm

Property Features for 460 Main Street C1 Hyannis

General Information

Standard status
Active
Size
6,216 SF
Lot size
0.33 Acres

Building Details

Year Built
1987

Listing office

Listing date May 16, 2026

Source Milestonerealtyinc

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 Leanne McCormick


Investment Insights

Based on property information with market context.

Offered for sale is a highly visible +/-6,300 SF masonry commercial building located in the heart of Downtown Hyannis on Main Street. Situated on +/-0.33 acres within the Downtown Main Street zoning district and the Downtown Hyannis Growth Incentive Zone, this property benefits from strong foot traffic, excellent frontage, and proximity to Hyannis Harbor, ferry terminals, hotels, retail, and year-round attractions. Originally constructed in 1987 and renovated in 2016, the building is well-suited for continued restaurant, hospitality, or repositioned commercial use. The property offers municipal utilities, on-site parking, and established site infrastructure. This is a rare opportunity to acquire a core downtown asset in a supply-constrained market with long-term redevelopment and investment upside. Sale includes real estate only; the operating business known as Fresh Ketch is not included.

Key Highlights

  • Prime Downtown Hyannis Main Street location with high visibility and strong foot traffic.
  • +/-6,300 SF masonry commercial building suitable for restaurant, hospitality, or commercial use.
  • Located in the Downtown Hyannis Growth Incentive Zone, offering redevelopment and investment upside.

Local Financial Insights For Retail

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 $186.5k $30.00
− Vacancy −$4.1k −$0.66
EGI $182.4k $29.34
− OpEx −$54.7k −$8.80
NOI $127.7k $20.54
6,216 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.82M
$1.60M – $2.13M (±1% cap)
NOI $127,664 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.53M
$2.22M – $2.96M (±1% cap)
NOI $177,314 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Auto Repair Shop Big Box & Wholesale Store Dental Office Pharmacy Building Supply HVAC Service Kitchen & Bath Showroom Nail Salon Spa & Massage Center

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

Similar Off Market Nearby

  • Angie's Florists — 350 Mitchells Way, Hyannis, MA 02601

FAQs

What type of property is this?
Storefront property - Highly visible commercial building in the heart of Downtown Hyannis.
Where is this storefront property located?
The property is located at 460 Main Street C1 Hyannis 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 Downtown Hyannis Main Street location with high visibility and strong foot traffic.; +/-6,300 SF masonry commercial building suitable for restaurant, hospitality, or commercial use.; Located in the Downtown Hyannis Growth Incentive Zone, offering redevelopment and investment upside.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message