Multi-Use Commercial
491 Iyannough Road, Hyannis, MA 02601
New
COMMERCIAL - Hyannis, MA
Type:Retail
Property size:
3,215 SFLot size:
0.36 AcresPrice / SF:
$404/SF- Added:
- Jun 22, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 23 at 1:06 am
Property Features for 491 Iyannough Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Parking features
- Off Street, Parking Lot
- Security features
- Security System
- Basement
- Full
- Appliances
- Water Heater
- Standard status
- Active
- APN
- HYAN M:311 L:028
- Size
- 3,215 SF
- Lot size
- 0.36 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8234
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air, Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- Carpet
- Building materials
- Wood Frame, Clapboard
- Roof type
- Flat
Listing agent Nik J Atsalis (508) 360-8996
Listing office Premier Commercial 1645 Falmouth Road, Building G, Centerville, MA (508) 815-5700
Listing date Jun 22, 2026
MLS# 22603041
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3,215 sq ft commercial property with a spacious main level plus second‑floor office/storage and a full basement
- Garage/warehouse included for added commercial flexibility
- High‑visibility corner location at the Airport Rotary, abutting Staples Plaza at the intersection of Route 28, Route 132 and Barnstable Road
- Across from Cape Cod Gateway Airport, with access to nearby Downtown Hyannis
- Utilities: public water and public sewer
- Built in 1960 with flat roof; forced‑air natural gas heat and central air plus wall units
Overview
This for-sale commercial building offers a spacious main level that can support retail or other customer-facing uses, along with a garage/warehouse area for added operational flexibility. A second floor provides office and storage space, and the property also includes a full basement for additional tenant or company use depending on layout needs.
The property is positioned directly at the Airport Rotary and abuts Staples Plaza. It sits at the intersection of Route 28, Route 132, and Barnstable Road, with strong regional connectivity across the Cape. It is also directly across from the Cape Cod Gateway Airport, with proximity to Downtown Hyannis described in the listing remarks.
Designed for tenants seeking a combination of storefront presence and back-of-house support, the layout accommodates businesses that need both customer space and dedicated areas for storage or light warehouse functions. The mix of retail-ready space, upper-level office/storage, and basement area can also be useful for owner-occupiers or operators looking to consolidate multiple functions under one roof.
The property is positioned directly at the Airport Rotary and abuts Staples Plaza. It sits at the intersection of Route 28, Route 132, and Barnstable Road, with strong regional connectivity across the Cape. It is also directly across from the Cape Cod Gateway Airport, with proximity to Downtown Hyannis described in the listing remarks.
Designed for tenants seeking a combination of storefront presence and back-of-house support, the layout accommodates businesses that need both customer space and dedicated areas for storage or light warehouse functions. The mix of retail-ready space, upper-level office/storage, and basement area can also be useful for owner-occupiers or operators looking to consolidate multiple functions under one roof.
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.
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.286273
- Latitude
- 41.664402
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Building with main retail space, garage/warehouse, second-floor office/storage, and a full basement at a key rotary intersection.
Where is this retail 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: 3,215 sq ft commercial property with a spacious main level plus second‑floor office/storage and a full basement; Garage/warehouse included for added commercial flexibility; High‑visibility corner location at the Airport Rotary, abutting Staples Plaza at the intersection of Route 28, Route 132 and Barnstable Road
