Retail Storefront with Display
For Sale
$299,000
569 Main Street STE 1, Hyannis, MA 02601
Open-plan commercial condo with large display windows and flexible space for retail, office, gallery, or service use.
Property Size1,064 SF
Days on Market21
Property Features for 569 Main Street STE 1
General Information
Standard status
Active
Size
1,064 SF
Property subtype
Commercial
Zoning
DMS
Taxes and HOA fees
Annual Taxes
$1,341
Building Details
Building Size
1,064 SF
Year Built
1987
Stories
1
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Sep 20
Changed: Oct 9
Last Checked: Oct 9 at 4:08PM
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 Classic Cape Real Estate, LLC
Investment Insights
Based on property information with market context.
This commercial condominium includes an open storefront layout with large display windows and room for retail, boutique, office, gallery, or service-oriented operations. The property was built in 1987 and offers prominent signage potential along with a customer-facing configuration suited to multiple business formats.
The unit is located at 569 Main Street in Hyannis, near Hyannis Harbor and within a downtown setting that includes shops, restaurants, waterfront attractions, ferry terminals, and public parking. The surrounding area serves both local and seasonal Cape Cod activity, with pedestrian and vehicle traffic identified at the property.
The unit is located at 569 Main Street in Hyannis, near Hyannis Harbor and within a downtown setting that includes shops, restaurants, waterfront attractions, ferry terminals, and public parking. The surrounding area serves both local and seasonal Cape Cod activity, with pedestrian and vehicle traffic identified at the property.
Key Highlights
- Commercial condominium at 569 Main Street, Unit 1, Hyannis
- Large display windows provide a prominent storefront presentation
- Open layout supports retail, office, gallery, boutique, or service uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,852
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,040
$437.0K
Cap Rate 7%
$312,171
$312.2K
Cap Rate 9%
$242,800
$242.8K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$31.9K $30.00/SF
− Vacancy
−$702 −$0.66/SF
EGI
$31.2K $29.34/SF
− OpEx
−$9.4K −$8.80/SF
NOI
$21.9K $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%
$437,040
Cap Rate 7%
$312,171
Cap Rate 9%
$242,800
Alternative Uses
Best Use
Retail
$312.2K
$273.2K – $364.2K
NOI $21,852 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$433.6K
$379.4K – $505.9K
NOI $30,351 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
47
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Open-plan commercial condo with large display windows and flexible space for retail, office, gallery, or service use.
Where is this storefront property located?
The property is located at 569 Main Street STE 1 Hyannis, MA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Commercial condominium at 569 Main Street, Unit 1, Hyannis; Large display windows provide a prominent storefront presentation; Open layout supports retail, office, gallery, boutique, or service uses
