Historic Hyannis Main Street
For Sale
$549,000
615 Main St Unit 13, Barnstable, MA 02601
Prime location suitable for retail, restaurant, or office.
Property Size2,200 SF
Price / SF$249.55
Days on Market188
Property Features for 615 Main St Unit 13
General Information
Standard status
Active
Size
2,200 SF
Building Details
Year Built
1930
Listing Agency:
Premier Commercial
Listed By:
Michael Valentine
(508) 958-6927
Source:
Lyvrealty
Added: Apr 25
Changed: Oct 25
Last Checked: Oct 7 at 3:47PM
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 Premier Commercial
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Investment Insights
Based on property information with market context.
This 2,200 square foot space is located on historic Main Street in Hyannis, Massachusetts, Cape Cod. The location, formerly Harley Davidson of Cape Cod, experiences consistent car and foot traffic throughout the year. Situated at the corner of Main Street and Sea Street, it is within walking distance of Nantucket Sound beaches and the Melody Tent. The property is located in the heart of the Hyannis Main Street Business Improvement District (BID), which focuses on maintaining a clean, safe environment for locals and visitors, and actively promotes community and economic development within the Main Street Hyannis District. The location is near Main Street attractions, Cape Cod Hospital, ferry services to the islands, Barnstable Municipal Airport, and banks. It is suitable for a restaurant, convenience/retail store, or office.
Key Highlights
- Prime location on historic Main Street in Hyannis, Cape Cod.
- High car and foot traffic year‑round.
- Versatile 2,200 square foot space suitable for restaurant, retail, or office.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,184
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,680
$903.7K
Cap Rate 7%
$645,486
$645.5K
Cap Rate 9%
$502,044
$502.0K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$66.0K $30.00/SF
− Vacancy
−$1.5K −$0.66/SF
EGI
$64.5K $29.34/SF
− OpEx
−$19.4K −$8.80/SF
NOI
$45.2K $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%
$903,680
Cap Rate 7%
$645,486
Cap Rate 9%
$502,044
Alternative Uses
Best Use
Retail
$645.5K
$564.8K – $753.1K
NOI $45,184 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$896.5K
$784.5K – $1.05M
NOI $62,756 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
90
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Prime location suitable for retail, restaurant, or office.
Where is this retail space located?
The property is located at 615 Main St Unit 13 Barnstable, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Prime location on historic Main Street in Hyannis, Cape Cod.; High car and foot traffic year‑round.; Versatile 2,200 square foot space suitable for restaurant, retail, or office.
