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Financial
Distress signals
Property profile

338 Main St Hyannis, MA 02601

FOR SALE
Retail space
Property ID
US38-1786688
6,101 SF 0.06 ac lot Built 1961
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a downtown Hyannis commercial site comprising 13,242 square feet across two well-maintained buildings, situated on a 0.48-acre corner lot. It includes a private parking lot for tenant and visitor use and currently features a tenant mix including restaurants, a jujutsu studio, and professional offices. The site is positioned within a retail and entertainment business district with nearby shops, restaurants, and entertainment venues.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$618k
Assessed land$165k
Assessed improvement$453k
Effective rate0.98%

Value estimate

· Oct 2026
$270k
$243k – $297k
Submarket $/SF estimate$864k
NOI build-up
Gross scheduled income$403k
Vacancy & credit loss−$9k
Operating expenses−$118k
NOI · 13.79% cap applied$276k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
County average, outlier-cleaned · 105 recorded sales of this use type
Observed band · Q1–Q3$125 – $341
Qualifying comparables4

Cap rate analysis

How does the asset earn?
13.79%
$276k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionBARNSTABLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.6
Storage Facility12.0
Electrical Service9.5

Location

338 Main St Hyannis, MA 02601
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
215 Main, Hyannis, MA 02601-3737 $1,200,000 Sep 2024 9,160 SF
749 Main, Hyannis, MA 02601-4375 $1,250,000 Sep 2023 7,580 SF
1080 Falmouth, Hyannis, MA 02601-2346 $5,200,000 Jul 2023 9,534 SF
274 Barnstable, Hyannis, MA 02601-2919 $1,100,000 Jun 2023 3,998 SF
367 Yarmouth, Hyannis, MA 02601-2040 $877,500 Oct 2022 7,968 SF
65 Cedar, Hyannis, MA 02601-3009 $1,650,000 Jun 2022 5,253 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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