Mixed-Use Building with Salon
For Sale
$2,000,000
712 Main Street, Hyannis, MA 02601
COMMERCIAL - Hyannis, MA
Property Size3,415 SF
Lot Size0.25 Acres
Price / SF$585.65
Days on Market54
Property Features for 712 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
O-1
Parking features
Parking Lot
Interior features
High Speed Internet
Appliances
Tankless Water Heater
Lot features
Level
Elementary school district
Barnstable
Middle school district
Barnstable
High school district
Barnstable
Directions
From The Rotary Near The Melody Tent Head Down Main St. Building On Left.
Subdivision
Barnstable
Standard status
Active
APN
HYAN M:308 L:279
Size
3,415 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6538
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Wall Unit(s)
Water source
Public
Amenities
laundry areas
Building Details
Year built
2006
Floors in Building
2
Number of units
4
Flooring type
Laminate, Tile
Building materials
Concrete, Brick
Roof type
Shingle
Listing Agency:
Dream Homes & Estates, Inc.
(508) 420-8888
Listed By:
DREAM International
(508) 292-6420
Added: Jun 19
Changed: Aug 4
Last Checked: Aug 11 at 8:06PM
MLS# 22603001
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.
Investment Insights
Based on property information with market context.
This mixed-use building was fully renewed in 2021 and offers a main level configured with nine private salon suites that are currently rented. The property also includes a second-floor apartment added in 2021, creating flexibility for an owner-occupant or additional revenue. With approximately 3,415 square feet and three baths, the layout includes laundry areas on both the first and second floors. The interior features laminate and tile flooring, and the home is equipped with a tankless water heater. Construction includes concrete and brick, and the roof is shingle.
Located at 712 Main Street in Hyannis, the property includes its own parking lot with parking for eight cars. It is positioned in a high-visibility area within the downtown mixed-use zone. The building is supported by public water and public sewer, with phone available, and offers high speed internet.
Comfort is provided by forced air heating with natural gas and cooling that includes wall units and central air.
Located at 712 Main Street in Hyannis, the property includes its own parking lot with parking for eight cars. It is positioned in a high-visibility area within the downtown mixed-use zone. The building is supported by public water and public sewer, with phone available, and offers high speed internet.
Comfort is provided by forced air heating with natural gas and cooling that includes wall units and central air.
Key Highlights
- Fully renewed in 2021 with nine private salon suites on the main level
- Second‑floor apartment added in 2021
- Approximately 3,415 sq. ft. with three baths and laundry areas on both floors
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$71,797
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,435,940
$1.4M
Cap Rate 7%
$1,025,671
$1.0M
Cap Rate 9%
$797,744
$797.7K
Market Conditions
NOI Build-Up for 3,415 SF
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.
Gross rent
$119.7K $35.04/SF
− Vacancy
−$23.9K −$7.01/SF
EGI
$95.7K $28.03/SF
− OpEx
−$23.9K −$7.01/SF
NOI
$71.8K $21.02/SF
Area
Barnstable County, MA
Vacancy
20.00%
Lease Rate
$35.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,435,940
Cap Rate 7%
$1,025,671
Cap Rate 9%
$797,744
Alternative Uses
Best Use
Office B
$1.03M
$897.5K – $1.20M
NOI $71,797 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$977.6K
$855.4K – $1.14M
NOI $68,431 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,414 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
9
Office units
1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,233
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully renewed in 2021 featuring nine private salon suites and a second-floor apartment, plus parking for eight cars.
Where is this mixed-use property located?
The property is located at 712 Main Street Hyannis, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully renewed in 2021 with nine private salon suites on the main level; Second‑floor apartment added in 2021; Approximately 3,415 sq. ft. with three baths and laundry areas on both floors
