517 Main Street Barnstable, MA 02601
First-floor restaurant includes a licensed 70-seat dining area, commercial kitchen, and 24-seat outdoor patio.
Property Features for 517 Main Street
General Information
- Standard status
- Active
- Size
- 2,256 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing office Premier Commercial
Listing date Feb 9, 2026
Source Capecodera
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Investment Insights
Based on property information with market context.
The property is located in the heart of Downtown Main Street in Hyannis, near local attractions and island ferries, as well as Hyannis Municipal Airport, shopping, and entertainment.
With restaurant space on the first floor and adaptable space above, the building supports multiple operational layouts depending on how the second floor is utilized.
Key Highlights
- First floor licensed for 70 seats plus an additional 24 outdoor patio seats
- Full commercial kitchen on the first floor, ready for a restaurant concept
- Recently remodeled second floor with flexible uses: storage, office, or 1‑bedroom residential unit with a full bath
Local Financial Insights For Specialty 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 | $48.7k | $21.60 |
| − Vacancy | −$2.3k | −$1.04 |
| EGI | $46.4k | $20.56 |
| − OpEx | −$11.6k | −$5.14 |
| NOI | $34.8k | $15.42 |
