Flex Warehouse with Office
491 Iyannough Road, Hyannis, MA 02601
New
Versatile warehouse and office layout with garage area, second-floor office/storage, and full basement.
Type:Commercial
Property size:
3,215 SFPrice / SF:
$404/SF- Added:
- Jun 23, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 26 at 1:52 am
Property Features for 491 Iyannough Road
General Information
- Standard status
- Active
- Size
- 3,215 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing office PREMIER COMMERCIAL
Listing date Jun 23, 2026
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 PREMIER COMMERCIAL
HighLights
- Commercial property built in 1960 with 3,215 sq ft total building area
- Garage/warehouse plus second‑floor office/storage and a full basement
- Located directly at the Airport Rotary and abutting Staples Plaza
- At the intersection of Route 28, Route 132, and Barnstable Road
- Across from Cape Cod Gateway Airport and moments from Downtown Hyannis
Overview
This flex-style commercial property offers a spacious main level with a garage/warehouse component, complemented by a second-floor office and storage area, plus a full basement. The total offering is 3,215 square feet, providing an owner-user or multi-use configuration for businesses that need both operations space and dedicated office support.
The building is positioned at the Airport Rotary and abuts Staples Plaza. It sits at a high-profile intersection of Route 28, Route 132, and Barnstable Road, with direct proximity to Cape Cod Gateway Airport and Hyannis Downtown as described in the provided remarks.
For tenants, buyers, and operators, the layout supports a range of commercial uses, including retail, professional offices, or a flexible headquarters format where customer-facing space and back-of-house storage/operations can work from the same address. The property’s combination of warehouse space, office area, and basement storage can be a practical fit for teams that want in-building operational continuity without giving up workspace for administration or client meetings.
The building is positioned at the Airport Rotary and abuts Staples Plaza. It sits at a high-profile intersection of Route 28, Route 132, and Barnstable Road, with direct proximity to Cape Cod Gateway Airport and Hyannis Downtown as described in the provided remarks.
For tenants, buyers, and operators, the layout supports a range of commercial uses, including retail, professional offices, or a flexible headquarters format where customer-facing space and back-of-house storage/operations can work from the same address. The property’s combination of warehouse space, office area, and basement storage can be a practical fit for teams that want in-building operational continuity without giving up workspace for administration or client meetings.
Local Financial Insights For Office B
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 | $112.7k | $35.04 |
| − Vacancy | −$22.5k | −$7.01 |
| EGI | $90.1k | $28.03 |
| − OpEx | −$22.5k | −$7.01 |
| NOI | $67.6k | $21.02 |
3,215 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$965.6K
$844.9K – $1.13M
NOI $67,592 @ 7.0% cap · market cap 5.20%
Second Best
Retail
$943.3K
$825.4K – $1.10M
NOI $66,030 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,709 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Similar Places Nearby
- White's Catering — 59 Center St, Hyannis, MA 02601
Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.271041
- Latitude
- 41.657819
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Versatile warehouse and office layout with garage area, second-floor office/storage, and full basement.
Where is this flex space located?
The property is located at 491 Iyannough Road Hyannis, MA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Commercial property built in 1960 with 3,215 sq ft total building area; Garage/warehouse plus second‑floor office/storage and a full basement; Located directly at the Airport Rotary and abutting Staples Plaza
