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Multi-Tenant Medical Office Building
For Sale
$3,495,000

765 Attucks Lane, Hyannis, MA 02601

COMMERCIAL - Hyannis, MA

Property Size17,713 SF
Lot Size2.32 Acres
Price / SF$197.31
Days on Market53

Property Features for 765 Attucks Lane

General Information

Property type Commercial Sale
Property subtype Office
Zoning description IND
Parking features Parking Lot, Off Street
Interior features High Speed Internet
Basement Walk-Out Access, Finished, Partial
Appliances Water Heater
Lot features Views, Level
View Lake
Elementary school district Barnstable
Middle school district Barnstable
High school district Barnstable
Directions Route 132 to Independence Park to Attucks Lane.
Subdivision Barnstable
Standard status Active
APN HYAN M:295 L:013H01
Size 17,713 SF
Lot size 2.32 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 29664

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Wall Unit(s), Central Air
Water source Public
Water front 1

Building Details

Year built 1972
Floors in Building 2
Flooring type Laminate, Carpet, Tile
Building materials Wood Frame, Shingle Siding
Roof type Asphalt
Listing Agency: Premier Commercial
Listed By: John E Ciluzzi · License #8990
Added: Jun 9 Changed: Jul 28 Last Checked: Jul 31 at 3:06AM
MLS# 22602751

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 offering features a 17,713 SF, multi-story multi-tenant office building with an adaptable layout designed to support medical groups, professional offices, and specialized community service providers. The site includes easy elevator access and generous surface parking with 53 spaces, supporting both employee and visitor needs. The property is currently configured with three tenants in place.

The property sits on a private, expansive waterfront/pond view lot. The remarks indicate the site consists of two parcels totaling 2.81 acres, providing a substantial setting for the building and parking area. Location highlights described in the listing include proximity to the Route 132 retail hub, Cape Cod Hospital, Island Ferry Service, USPO, Cape Cod Mall Retail District, restaurants, and the Mid-Cape Highway.

For buyers, the building can suit an end user seeking a medical or office presence, or an investor looking at an income-producing multi-tenant asset with current occupancy. The size, multi-story configuration, and existing elevator and parking setup support a range of professional and service-oriented tenant needs, while the site’s parcel structure and parking capacity provide flexibility for future operating plans, redevelopment, or long-term holding.

Key Highlights

  • 2.81‑acre waterfront/pond‑view lot with two parcels (2.32 acres and 0.49 acres)
  • 17,713 SF multi‑story, multi‑tenant commercial building on 765 Attucks Lane in Hyannis, Cape Cod
  • 53‑space surface parking lot and off‑street parking; elevator access for tenants and visitors

Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $446.4k $25.20
− Vacancy −$29.0k −$1.64
EGI $417.4k $23.56
− OpEx −$166.9k −$9.42
NOI $250.4k $14.14
17,713 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 40.00%

Alternative Uses

Best Use
Office B
$5.32M
$4.65M – $6.21M (±1% cap)
NOI $372,398 @ 7.0% cap · market cap 10.66%
Second Best
Healthcare Medical
$3.58M
$3.13M – $4.17M (±1% cap)
NOI $250,412 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$7.22M
$6.32M – $8.42M (±1% cap)
NOI $505,271 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Big Box & Wholesale Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Multi-story, multi-tenant office facility with elevator access and ample surface parking on a waterfront-view site.
Where is this office building located?
The property is located at 765 Attucks Lane Hyannis, MA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 2.81‑acre waterfront/pond‑view lot with two parcels (2.32 acres and 0.49 acres); 17,713 SF multi‑story, multi‑tenant commercial building on 765 Attucks Lane in Hyannis, Cape Cod; 53‑space surface parking lot and off‑street parking; elevator access for tenants and visitors
More about this property
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