Office-Retail
68 Center Street Unit 19, Hyannis, MA 02601
For Sale
New
$469,000
The interior includes private offices, a kitchen and two ADA-compliant restrooms within an office and retail buildout.
Property Size2,790 SF
Price / SF$168.10
Days on Market6
Property Features for 68 Center Street Unit 19
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Mixed-Use Components
Building Details
Year Built
Listing Agency:
Premier Commercial
Listed By:
John E. Ciluzzi · License #8990
(508) 962-5033
Source:
Premiercommercial
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 9:20AM
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 2,787-square-foot commercial condominium is Unit 19 in a Class A building constructed in 2007. Its office and retail buildout includes offices, a kitchen and two ADA restrooms. HBV zoning allows multiple uses, and the unit is served by paved parking.
The property is on Center Street in Hyannis, within walking distance of restaurants and shops. Cape Cod Hospital is approximately half a mile away, and island ferry service is also nearby.
The property is on Center Street in Hyannis, within walking distance of restaurants and shops. Cape Cod Hospital is approximately half a mile away, and island ferry service is also nearby.
Key Highlights
- 2,787‑square‑foot commercial condominium, Unit 19
- Class A building constructed in 2007
- Office and retail buildout with offices and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,921
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,420
$778.4K
Cap Rate 7%
$556,014
$556.0K
Cap Rate 9%
$432,456
$432.5K
Market Conditions
NOI Build-Up for 2,790 SF
Gross rent
$67.0K $24.00/SF
− Vacancy
−$4.7K −$1.68/SF
EGI
$62.3K $22.32/SF
− OpEx
−$23.4K −$8.37/SF
NOI
$38.9K $13.95/SF
Area
Barnstable County, MA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$778,420
Cap Rate 7%
$556,014
Cap Rate 9%
$432,456
Alternative Uses
Best Use
Mixed Use
$556.0K
$486.5K – $648.7K
NOI $38,921 @ 7.0% cap · market cap 8.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.14M
$994.8K – $1.33M
NOI $79,586 @ 7.0% cap · market cap 16.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,212
Businesses Nearby
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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
$408,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Barnstable County, MA
Properties on Market for Mixed-use properties in Barnstable County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The interior includes private offices, a kitchen and two ADA-compliant restrooms within an office and retail buildout.
Where is this mixed-use property located?
The property is located at 68 Center Street Unit 19 Hyannis, MA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 2,787‑square‑foot commercial condominium, Unit 19; Class A building constructed in 2007; Office and retail buildout with offices and a kitchen
