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Mixed-Use Building with Apartment
For Sale
$1,285,000

574 Main Street, Barnstable, MA 02601

Ground-floor commercial space is paired with a two-bedroom residence upstairs.

Property Size4,032 SF
Price / SF$318.70
Days on Market290

Property Features for 574 Main Street

General Information

Standard status Active
Size 4,032 SF
Property subtype Commercial

Site & Location

Road Access Yes
Mixed-Use Components commercial, residential

Units

Unit Mix 1 x 2BR
Multifamily Units 1

Building Details

Year Built 1950
Buildings 1
Listing Agency: Keller Williams Realty
Listed By: Inspire Team
Source: Wandamooney
Added: Jan 8 Changed: Oct 23 Last Checked: Apr 22 at 8:06AM

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

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Investment Insights

Based on property information with market context.

At 574 Main Street in downtown Hyannis, this fully renovated mixed-use property combines commercial space with an upper-level apartment. The 4,032 SF building includes 3,040± SF on the ground floor and a 992± SF, two-bedroom apartment above. It was built in 1950 and is zoned DMS, Legal Conforming.

The property fronts Main Street in downtown Hyannis, Barnstable, Massachusetts.

Key Highlights

  • 4,032 SF building with commercial and residential components
  • 3,040± SF of ground‑floor commercial space
  • 992± SF upstairs two‑bedroom apartment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$82,809
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,656,180 $1.7M
Cap Rate 7%
$1,182,986 $1.2M
Cap Rate 9%
$920,100 $920.1K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$121.0K $30.00/SF
− Vacancy
−$2.7K −$0.66/SF
EGI
$118.3K $29.34/SF
− OpEx
−$35.5K −$8.80/SF
NOI
$82.8K $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%
$1,656,180
Cap Rate 7%
$1,182,986
Cap Rate 9%
$920,100

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
Mixed Use
$803.5K
$703.1K – $937.4K (±1% cap)
NOI $56,246 @ 7.0% cap · market cap 4.38%
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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Lease Details

1
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space is paired with a two-bedroom residence upstairs.
Where is this mixed-use property located?
The property is located at 574 Main Street 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: 4,032 SF building with commercial and residential components; 3,040± SF of ground‑floor commercial space; 992± SF upstairs two‑bedroom apartment
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