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    OFF-MARKET
    Turn key restaurants

    294 Main St, Hyannis, MA 02601-4003

    3,092 SF 0.09 ac lot Built 1952
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US38-0770276
    Property summary
    AI-generated overview

    This exceptional turn-key restaurant and bar opportunity is located at 294 Main Street in the heart of Hyannis, MA's vibrant Main Street Business Improvement District. The 3,092 square foot property sits on a 0.09-acre lot and boasts a unique retro arcade theme, offering a captivating atmosphere for patrons. With a 99-seat capacity, the establishment features both indoor and outdoor seating areas, perfect for enjoying cocktails and delicious food. The sale includes the land, building, improvements, equipment, and distinctive decor, providing a seamless transition for the new owner. The property's prime location offers easy access to numerous attractions, including Cape Cod Hospital, ferry services to the islands, Barnstable Municipal Airport, and various banking institutions. The Hyannis Main Street Business Improvement District actively promotes the area, ensuring a clean, safe, and enjoyable environment for both residents and tourists. This is a rare chance to acquire a well-established, profitable business in a high-traffic location. The property is easily shown, making it convenient to explore this exciting investment opportunity. Make your restaurant dreams a reality in 2024!

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1952
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 3,092 SF
    Lot 0.09 ac (3,920 SF)
    APN HYAN M:327 L:254
    UPID US38-0770276
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cc Entertainment INC · 7 yrs held
    Cc Entertainment INC
    since 2018
    6 recorded transactions
    2018
    $550,000
    2018
    2011
    $1
    2002
    1998
    1998
    $155,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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