Retail Unit on Main
For Sale
$255,000
569 Main Street Unit 2, Barnstable, MA 02601
Commercial unit in active Cape Cod commercial district.
Property Size532 SF
Price / SF$479.32
Days on Market244
Property Features for 569 Main Street Unit 2
General Information
Standard status
Active
Size
532 SF
Property subtype
Commercial
Lease Term
[]
Building Details
Year Built
1987
Listing Agency:
Commercial Realty Advisors,Inc.
Listed By:
Kevin A. Pepe
(508) 862-9000
Source:
Yourhomeforsale
Added: Feb 9
Changed: Oct 11
Last Checked: Oct 11 at 9:09AM
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.
Investment Insights
Based on property information with market context.
This approximately 532 square foot commercial unit is located along the highly traveled Main Street retail corridor. Currently occupied by a mobile phone sales and repair retailer, the property provides an investor with immediate in-place tenancy within one of Cape Cod's most active commercial districts. The property benefits from consistent pedestrian traffic, strong year-round visibility, and the economic energy of downtown Hyannis, and is positioned among restaurants, retail shops, entertainment venues, and seasonal tourist activity. The unit features a bright retail showroom with extensive product display shelving, modern vinyl plank flooring, updated lighting, and a service counter area. A rear storage and workspace area supports operational needs for retail and repair services. The space has been built out specifically for retail use and offers an efficient layout that maximizes merchandising and customer flow.
Key Highlights
- High‑traffic location on Main Street in downtown Hyannis, a prime Cape Cod commercial district.
- Currently leased to a mobile phone retailer, providing immediate rental income.
- Features a built‑out retail space with showroom, display shelving, service counter, and rear storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,926
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,520
$218.5K
Cap Rate 7%
$156,086
$156.1K
Cap Rate 9%
$121,400
$121.4K
Market Conditions
NOI Build-Up for 532 SF
Gross rent
$16.0K $30.00/SF
− Vacancy
−$351 −$0.66/SF
EGI
$15.6K $29.34/SF
− OpEx
−$4.7K −$8.80/SF
NOI
$10.9K $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%
$218,520
Cap Rate 7%
$156,086
Cap Rate 9%
$121,400
Alternative Uses
Best Use
Retail
$156.1K
$136.6K – $182.1K
NOI $10,926 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$216.8K
$189.7K – $252.9K
NOI $15,176 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial unit in active Cape Cod commercial district.
Where is this retail space located?
The property is located at 569 Main Street Unit 2 Barnstable, MA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: High‑traffic location on Main Street in downtown Hyannis, a prime Cape Cod commercial district.; Currently leased to a mobile phone retailer, providing immediate rental income.; Features a built‑out retail space with showroom, display shelving, service counter, and rear storage.
