$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)
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)
(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
