Raymond M. Hall, REALTOR® | (508) 221-2544 | Text | ray@ricottarealestate.com | 1181 Main Street, Chatham, MA 02633
$775,000
-6.2% from original list of $826,000 · January 9, 2026

243 South Street, Hyannis, MA 02601

0.53 acres
MLS# 22504684 · Commercial / (Office)
Listed: 09/19/25 (listing data as of 08/10/26 at 7:51 pm)
  • Central A/C
  • Renovated

About This Property

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.

Property Details

Property TypeCommercial
(Office)
StatusFor Sale
MLS Number22504684
Annual Taxes$4,678 (2025)
Total Assessment$543,100
Lot Size0.53 acres
RenovatedYes
Heat Source Forced Air, Natural Gas
Add'l Heating Forced Air
Cooling A/C Central Air
Days on Market325
WaterfrontNo

Location

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Listing Courtesy of: Kevin Pepe / Commercial Realty Advisors, Inc.

The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. (CCIMLS). Real estate listings provided by CCIMLS and held by brokerage firms other than John C. Ricotta & Associates are marked with the CCIMLS BR Logo and detailed information includes, at minimum, the name of the listing agent and broker attribution assigned by the listing broker. This site was last updated 08/10/2026. Neither the listing broker nor John C. Ricotta & Associates shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. All properties are subject to prior sale, changes, or withdrawal.