116 Cp St Hyannis, MA 02601-3008
- Showrooms
- 2,016 SF
- 0.39 lot acres
Apr 12, 2022
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Balloon Store / Candy Store
- Skunk Funk / Corporate Campus / Wholesaler
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 116 Cp St
- Year built
- 1972
- Construction
- FRAME
- Lot size
- 0.39 lot acres
- Property size
- 2,016 SF
- Zone code
- RD
- Property type
- Showrooms
- APN
- HYAN M:328 L:160
- APU
- HYANM328L160
Description
This exceptional 2,016-square-foot medical office building presents a unique opportunity for healthcare professionals seeking a prominent location in the desirable Mid-Cape submarket of Hyannis, Cape Cod. Situated on a 0.39-acre lot, the single-story, Class B building offers ample paved parking, ensuring convenient access for both staff and patients. Built in 1972, the property is fully handicap accessible, adhering to ADA standards. The interior layout is thoughtfully designed to accommodate a thriving medical practice, featuring a welcoming reception area, four private exam rooms, a spacious common workspace, and three half-baths. This turnkey solution eliminates the need for extensive renovations, allowing for a seamless transition into your new practice. The building's location offers unparalleled convenience, just minutes away from Cape Cod Hospital, placing it within a highly sought-after medical district. The property is zoned HC, providing flexibility for various medical uses. The APN is 328//160. This is a single-tenancy building offering 2,016 square feet of vacant space. Don't miss this chance to establish or relocate your practice in this thriving Cape Cod community. This is a rare opportunity to acquire a well-maintained, functional medical office building in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $640,000
- ML approach
- $620,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $470,000
- 6.5%
- $435,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $676,000
- AI Estimate
- $527,000
Market price range: $316k - $676kMarket price range: $180k - $528k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $470,000 Current use
- RETAIL STORES
- $455,000 Change: -3% Conversion: Easy
- OFFICE BUILDING
- $445,000 Change: -6% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.2759
- Latitude
- 41.6589
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA