Downtown Hyannis Commercial
For Sale
$1,999,000
460 Main St, Barnstable, MA 02601
Prime investment opportunity in the heart of Downtown Hyannis.
Property Size6,216 SF
Price / SF$321.59
Days on Market188
Property Features for 460 Main St
General Information
Standard status
Active
Size
6,216 SF
Property subtype
Commercial
Zoning
DMS
Taxes and HOA fees
Annual Taxes
$11,980
Building Details
Building Size
6,216 SF
Year Built
1987
Listing Agency:
Commercial Realty Advisors, Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Churchillprop
Added: Apr 25
Changed: Oct 25
Last Checked: Oct 28 at 5:18AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A commercial building with approximately 6,300 square feet of space is available for purchase. Located in downtown Hyannis on Main Street, this property offers high visibility. The sale includes the real estate only. The operating business is not included in the offering. This property presents an opportunity for investors and owner-users to acquire a core asset in one of Cape Cod's most active commercial districts.
Key Highlights
- Prime Main Street location in Downtown Hyannis
- ±6,300 SF commercial building
- Highly visible property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,664
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,553,280
$2.6M
Cap Rate 7%
$1,823,771
$1.8M
Cap Rate 9%
$1,418,489
$1.4M
Market Conditions
NOI Build-Up for 6,216 SF
Gross rent
$186.5K $30.00/SF
− Vacancy
−$4.1K −$0.66/SF
EGI
$182.4K $29.34/SF
− OpEx
−$54.7K −$8.80/SF
NOI
$127.7K $20.54/SF
Area
Barnstable County, MA
Vacancy
2.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,553,280
Cap Rate 7%
$1,823,771
Cap Rate 9%
$1,418,489
Alternative Uses
Best Use
Retail
$1.82M
$1.60M – $2.13M
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
NOI $177,314 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Balanced
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Prime investment opportunity in the heart of Downtown Hyannis.
Where is this storefront property located?
The property is located at 460 Main St Barnstable, 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 Main Street location in Downtown Hyannis; ±6,300 SF commercial building; Highly visible property
