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- LoopNet Team
201 Main St
Hyannis, MA 02601
Residences at Hyannis Harbor · Land For Sale
·
1.70 AC
INVESTMENT HIGHLIGHTS
- APPROVED RESIDENTIAL DEVELOPMENT ON THE CAPE WITH WATER VIEWS
- EXCELLENT ACCESS TO LOCAL AMENITIES AND DEMAND DRIVERS
- COASTAL SETTING WITH STRONG BARNSTABLE MARKET HOUSING TRENDS
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 1.70 AC |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 1.70 AC |
DESCRIPTION
Residences at Hyannis Harbor is an approved 95-unit development opportunity located at 201 Main Street in Hyannis, MA. The site was previously the location for the former Cascade Motor Lodge that was recently approved for the construction of 95 apartments. The site is also located within a Qualified Opportunity Zone affording long-term owners additional tax benefits. Lastly, the development includes a 34 space commercial surface parking lot that generates significant parking revenue given it’s proximity to the ferry terminal and downtown businesses.
