Multi-Tenant Medical Office
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
(508) 815-5700
Listed By:
John E Ciluzzi · License #8990
(508) 962-5033
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.
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
NOI $372,398 @ 7.0% cap · market cap 10.66%
Second Best
Healthcare Medical
$3.58M
$3.13M – $4.17M
NOI $250,412 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$7.22M
$6.32M – $8.42M
NOI $505,271 @ 7.0% cap · market cap 14.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,098
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
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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