15 Washington St Hyannis, MA 02601
This exceptional 0.78-acre multi-lot development opportunity in Barnstable, Massachusetts, presents a unique chance to create a thriving mixed-use project in the heart of Downtown Hyannis. Located at 15 Washington St, 02601, this property offers four lots zoned for Downtown Village use, allowing for a diverse range of development possibilities. The site's potential includes the construction of 30+ apartments, capitalizing on the high demand for residential units in this vibrant area. A key feature is the existing building at 40 North Street, suitable for mixed-use development with commercial space on the ground floor and residential units above. Furthermore, all necessary paperwork for the demolition of two buildings at 23 Washington Street is complete, paving the way for seamless redevelopment. This streamlined process significantly reduces development hurdles and accelerates project timelines. The asking price for this exceptional opportunity is $2,400,000. Detailed plans, permits, and comprehensive development documents are available upon request. This is an unparalleled chance to build a landmark project in a highly desirable location, combining residential and commercial spaces to create a dynamic and profitable investment. The property's central location in Downtown Hyannis ensures high visibility and easy access to amenities, making it an attractive proposition for both residents and businesses. Don't miss this chance to shape the future of Hyannis.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
U · Hyannis, MAHyannis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.