243 South Street, Hyannis, MA 02601
sale
$775,000
|
Office
Courtesy Of Commercial Realty Advisors, Inc.
This fully occupied professional office building delivers stable income with a 7.5% capitalization rate. Anchored by a popular FM radio station with extensive IT infrastructure, the +/-2,766 SF property sits on a 0.53-acre parcel in Hyannis' Downtown (DN) zoning district. The tenant's long-standing presence provides both financial security and operational stability. Highlights for Investors: Income-Producing Asset: Fully leased with reliable cash flow. 7.5% Cap Rate: Competitive return in a high-demand Cape Cod market. Established Occupant: Well-known broadcast station with specialized infrastructure in place. Prime Location: Situated in downtown Hyannis, close to business, healthcare, and municipal hubs. Historic Character, Modernized Functionality: Originally built in 1910, effectively updated in 1984. This offering represents a turnkey, low-management Hyannis investment with a respected tenant and attractive returns in one of Cape Cod's strongest commercial corridors.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Appliance: Water Heater
- Cooling System: Central Air
- Exterior Type: Frame
- Floor Covering: Hardwood
- Floor Covering: Carpet
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 22504684
- Roof Type: Shingle
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