Downtown Hyannis Mixed-Use
574 Main Street, Hyannis, MA 02601
- Added:
- Jan 7, 2026
- Days on Market:
- 142
- Last Refresh:
- May 29 at 11:06 am
Property Features for 574 Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 2
- Parking features
- Assigned, On Street, Parking Lot, Off Street
- Security features
- Security System
- Appliances
- Water Heater
- Standard status
- Active
- APN
- HYAN M:308 L:277
- Size
- 4,032 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6480
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Vinyl, Tile, Hardwood
- Building materials
- Wood Siding
- Roof type
- Asphalt
Listing agent INSPIRE Team (508) 866-7787
Listing office Keller Williams Realty 1600 Falmouth Rd., Suite 2, Centerville, MA (508) 534-7200
Listing date Jan 7, 2026
MLS# 22600051
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Rare attached buildable lot (108' x 21') offers immediate expansion or future development potential.
- Prime Downtown Hyannis location with high visibility and foot traffic, suitable for multiple income streams.
- Turnkey and professionally renovated in 2023, ready for immediate occupancy or rental.
- Newly designed 2‑bedroom owner's suite with private entrance, balcony, in‑unit laundry, and option to be fully furnished.
- Commercial space with vaulted ceilings, central A/C, designer shelving, and potential to be divided into two storefronts.
- Two deeded parking spaces and ample storage.
Overview
This professionally renovated mixed-use property, located in downtown Hyannis, Massachusetts, presents a rare opportunity with an attached buildable lot measuring 108' x 21'. The property, renovated in 2023, benefits from high visibility and foot traffic. The commercial space features vaulted ceilings, central air conditioning, designer wall-to-wall shelving, and a half bath. Currently operating as a retail shop, the space can be divided into two storefronts. The second floor contains a newly designed 2-bedroom, 1-bath owner's suite with a private entrance, hardwood floors, kitchen, central air, in-unit laundry, and a private balcony overlooking Main Street. The residential space is offered fully furnished and is suitable for owner-occupancy or rental income. Additional features include two deeded parking spaces and ample storage. The property is situated in a desirable location and is suitable for investors, owner-occupants, or a live/work setup. The property size is 4032 square feet and the lot size is 0.14 acres.
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
NOI $82,809 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$1.15M
$1.01M – $1.35M
NOI $80,794 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
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
Retail space
Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.3828215
- Latitude
- 41.7157063
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Turnkey mixed-use property with buildable lot in downtown Hyannis.
Where is this mixed-use property located?
The property is located at 574 Main Street Hyannis, 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: Rare attached buildable lot (108' x 21') offers immediate expansion or future development potential.; Prime Downtown Hyannis location with high visibility and foot traffic, suitable for multiple income streams.; Turnkey and professionally renovated in 2023, ready for immediate occupancy or rental.
