Restaurant Space with Full
For Sale
$849,000
615 Main Street Unit 14, Hyannis, MA 02601
Ground-level restaurant space with a full commercial kitchen and corner frontage for street-oriented dining concepts.
Property Size4,259 SF
Price / SF$199.34
Days on Market429
Property Features for 615 Main Street Unit 14
General Information
Standard status
Active
Size
4,259 SF
Property subtype
Commercial
Building Details
Year Built
1930
Listing Agency:
Premier Commercial
Listed By:
Mike Valentine · License #9586142
(508) 815-5700
Source:
Premiercommercial
Added: Aug 27, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:02AM
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 restaurant space is offered with a complete commercial kitchen, presented as a ready-to-occupy, ground-level unit with no existing business being sold. The space features strong corner presence, oversized windows, and prominent frontage that supports a street-facing dining and display setup.
The property is located at the intersection of Main and Sea Streets and sits within the Hyannis Main Street Business Improvement District (BID). It is positioned among local shops, restaurants, galleries, and civic destinations, and the area is supported by both seasonal tourism and year-round activity. The surrounding context includes nearby access to Sea Street Beach, Veterans Park, Kalmus Beach, Hyannis Harbor and ferry service, and multiple cultural and civic uses, including museums, municipal buildings, banks, and public transportation.
For operators and restaurateurs looking to open a new concept, the combination of a full kitchen, ground-level access, and dual-corridor presence can help streamline buildout and support walk-in visibility from the street. The straightforward offering—restaurant space only—makes it suitable for tenants planning their own concept, menu program, and branding within the existing kitchen-equipped layout.
The property is located at the intersection of Main and Sea Streets and sits within the Hyannis Main Street Business Improvement District (BID). It is positioned among local shops, restaurants, galleries, and civic destinations, and the area is supported by both seasonal tourism and year-round activity. The surrounding context includes nearby access to Sea Street Beach, Veterans Park, Kalmus Beach, Hyannis Harbor and ferry service, and multiple cultural and civic uses, including museums, municipal buildings, banks, and public transportation.
For operators and restaurateurs looking to open a new concept, the combination of a full kitchen, ground-level access, and dual-corridor presence can help streamline buildout and support walk-in visibility from the street. The straightforward offering—restaurant space only—makes it suitable for tenants planning their own concept, menu program, and branding within the existing kitchen-equipped layout.
Key Highlights
- 4,200 SF ground‑level restaurant space with a full commercial kitchen
- Corner frontage on two of the area’s busiest commercial corridors with oversized windows
- Located at the intersection of Main and Sea Streets for street‑oriented visibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,684
Cap Rate
7.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,680
$1.3M
Cap Rate 7%
$938,343
$938.3K
Cap Rate 9%
$729,822
$729.8K
Market Conditions
NOI Build-Up for 4,259 SF
Gross rent
$92.0K $21.60/SF
− Vacancy
−$4.4K −$1.04/SF
EGI
$87.6K $20.56/SF
− OpEx
−$21.9K −$5.14/SF
NOI
$65.7K $15.42/SF
Area
Barnstable County, MA
Vacancy
4.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,313,680
Cap Rate 7%
$938,343
Cap Rate 9%
$729,822
Alternative Uses
Best Use
Specialty Retail
$938.3K
$821.1K – $1.09M
NOI $65,684 @ 7.0% cap · market cap 7.74%
Second Best
Industrial
$878.5K
$768.7K – $1.02M
NOI $61,498 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M
NOI $121,490 @ 7.0% cap · market cap 14.31%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Ground-level restaurant space with a full commercial kitchen and corner frontage for street-oriented dining concepts.
Where is this conventional restaurant located?
The property is located at 615 Main Street Unit 14 Hyannis, MA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 4,200 SF ground‑level restaurant space with a full commercial kitchen; Corner frontage on two of the area’s busiest commercial corridors with oversized windows; Located at the intersection of Main and Sea Streets for street‑oriented visibility
