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    Downtown Hyannis Mixed-Use Property Title is generated by Realmo AI

    574 Main St, Barnstable, MA 02601

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    For Sale
    $1,285,000

    Renovated mixed-use property in downtown Hyannis with retail and residential.

    Type:Commercial
    Property size:
    4,032 SF
    Price / SF:
    $318/SF
    Added:
    Jan 8, 2026
    Days on Market:
    179
    Last Refresh:
    Apr 5 at 8:33 pm

    Property Features for 574 Main St

    General Information

    Standard status
    Active
    Size
    4,032 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Inspire Team

    Listing office Keller Williams Realty

    Listing date Jan 8, 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 Keller Williams Realty

    HighLights

    • Prime downtown Hyannis location on high‑traffic Main Street with excellent visibility and foot traffic.
    • Turnkey, fully renovated mixed‑use property with retail space and a 2‑bedroom residential unit.
    • Multiple income opportunities: retail space, residential rental, and water stand permit.
    • Renovated 2‑bedroom residential unit features a new kitchen, hardwood floors, in‑unit laundry, and a private balcony.
    • Two deeded parking spaces included.
    • Side lot with flexible use potential.

    Overview

    This turnkey, fully renovated mixed-use property is located on high-traffic Main Street in downtown Hyannis, offering excellent visibility and foot traffic. The first floor retail space, currently operating as a successful gift shop, may be configured into two separate storefronts for additional income potential. The sellers are open to discussing the sale of the existing business separately, if desired. The upper level features a renovated 2-bedroom, 1-bath residential unit with a new kitchen, hardwood floors, in-unit laundry, and a private balcony, well suited for owner occupancy or rental use. Additional amenities include two deeded parking spaces, a side lot with flexible use potential, and a water stand permit, providing multiple income opportunities. Located in a highly desirable downtown setting with strong seasonal and year-round demand, this 4032 square foot property presents an excellent live/work or investment opportunity in the heart of Hyannis.

    Local Financial Insights For 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 $121.0k $30.00
    − Vacancy −$2.7k −$0.66
    EGI $118.3k $29.34
    − OpEx −$35.5k −$8.80
    NOI $82.8k $20.54
    4,032 SF · lease $30.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.18M
    $1.04M – $1.38M (±1% cap)
    NOI $82,809 @ 7.0% cap · market cap 6.44%
    Second Best
    Apartment 5plus
    $1.15M
    $1.01M – $1.35M (±1% cap)
    NOI $80,794 @ 7.0% cap · market cap 6.29%
    Theoretical Best
    Office A
    $1.64M
    $1.44M – $1.92M (±1% cap)
    NOI $115,015 @ 7.0% cap · market cap 8.95%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Big Box & Wholesale Store Building Supply Storage Facility HVAC Service Pharmacy Furniture & Home Goods Garden Center Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barnstable
    County
    Barnstable
    State
    Massachusetts
    Longitude
    -70.3828215
    Latitude
    41.7157063

    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property in downtown Hyannis with retail and residential.
    Where is this mixed-use property located?
    The property is located at 574 Main St Barnstable, MA.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: Prime downtown Hyannis location on high‑traffic Main Street with excellent visibility and foot traffic.; Turnkey, fully renovated mixed‑use property with retail space and a 2‑bedroom residential unit.; Multiple income opportunities: retail space, residential rental, and water stand permit.
    More about this property
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