243 South Street Hyannis, MA 02601

Office MLS #: 22504684 Courtesy Of Commercial Realty Advisors, Inc.

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Appliance: Water Heater
  • Cooling System: Central Air
  • Exterior Type: Frame
  • Floor Covering: Carpet
  • Floor Covering: Hardwood
  • Floors: 2
  • Heating System: Forced Air
  • Heating System: Natural Gas
  • MLSID: 22504684
  • Roof Type: Shingle

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243 South Street, Hyannis, MA 02601
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