Salon Suite Building with
For Sale
$1,900,000
712 Main Street, Hyannis, MA 02601
Fully renovated in 2021 with nine rented salon suites, a second-floor apartment, and parking for eight cars.
Property Size3,415 SF
Price / SF$556.37
Days on Market135
Property Features for 712 Main Street
General Information
Standard status
Active
Size
3,415 SF
Property subtype
Commercial
Building Details
Year Built
2006
Listing Agency:
Dream Homes & Estates,Inc.
Listed By:
DREAM International
(508) 487-3111
Source:
Seascaperealty
Added: Jun 5
Changed: Oct 16
Last Checked: Oct 16 at 8:51AM
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 Dream Homes & Estates,Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully renewed, turn-key commercial building was renovated in 2021 and is configured for both retail/service space and residential use. The main level features nine private salon suites that are actively rented. A second-floor apartment was added in 2021, creating an additional living unit within the same property. The building includes three baths and laundry areas on both the first and second floors, supporting day-to-day functionality for residents and on-site operations.
Situated on Main Street in a downtown mixed-use zone, the property includes its own parking for eight cars. The business is described as transferable. The seller notes that buyers and agents should verify all information, including details related to the business and the operating configuration.
Situated on Main Street in a downtown mixed-use zone, the property includes its own parking for eight cars. The business is described as transferable. The seller notes that buyers and agents should verify all information, including details related to the business and the operating configuration.
Key Highlights
- Fully renovated in 2021; 2006 year built, approximately 3,415 sq. ft.
- Main level includes nine private salon suites that are actively rented for immediate income.
- Second‑floor apartment added in 2021 for owner use or additional revenue.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,137
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,740
$1.4M
Cap Rate 7%
$1,001,957
$1.0M
Cap Rate 9%
$779,300
$779.3K
Market Conditions
NOI Build-Up for 3,415 SF
Gross rent
$102.5K $30.00/SF
− Vacancy
−$2.3K −$0.66/SF
EGI
$100.2K $29.34/SF
− OpEx
−$30.1K −$8.80/SF
NOI
$70.1K $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%
$1,402,740
Cap Rate 7%
$1,001,957
Cap Rate 9%
$779,300
Alternative Uses
Best Use
Retail
$1.00M
$876.7K – $1.17M
NOI $70,137 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$977.6K
$855.4K – $1.14M
NOI $68,431 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,414 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
119
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Fully renovated in 2021 with nine rented salon suites, a second-floor apartment, and parking for eight cars.
Where is this retail space located?
The property is located at 712 Main Street Hyannis, MA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Fully renovated in 2021; 2006 year built, approximately 3,415 sq. ft.; Main level includes nine private salon suites that are actively rented for immediate income.; Second‑floor apartment added in 2021 for owner use or additional revenue.
