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Property profile & analytics
OFF-MARKET
Office Spaces

83 Main St Barnstable, MA 02601

4,484 SF 0.71 ac lot Built 1941
Property ID
Property summary
AI-generated overview

This exceptional redevelopment opportunity presents a 4,484 square foot, two-unit medical office building situated on a 0.71-acre lot at 83 Main Street in Barnstable, MA 02601. The property, currently 100% occupied, boasts a desirable location with outstanding visibility on the east end of Main Street, within the new Downtown Zoning (DV), Growth Incentive Zone, and Opportunity Zone. The building, constructed in phases (1941 and 1987 with renovations in 1983), features a two-story structure with a partially finished lower level offering ample natural light. The property includes a large rear parking lot and a sizable yard. The DV zoning allows for expanded uses and up to four stories, including (but not limited to) two-unit buildings, medical and professional offices, and healthcare clinics. Many other uses are permitted by special permit, such as multi-family, retail, and restaurant establishments. Conveniently located near Cape Cod Hospital, Hyannis Harbor, Barnstable Municipal Airport, and major roadways (easy access from Route 132 and exits 6 and 7 of Route 6), this property offers unparalleled convenience and accessibility. The building is connected to the Town of Barnstable Municipal Water and Sewer Systems. The asking price is $1,350,000 ($301.07/sq ft). Current tenants may be interested in remaining after closing. Please refrain from contacting tenants directly.

Property profile
Verified
Property type Office Spaces
Year built 1941
Total area 4,484 SF
Lot 0.71 ac (30,928 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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