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453 Main St 7,874 SF 100% Leased Retail Building Hyannis, MA 02601 $2,695,000 ($342.27/SF)
INVESTMENT HIGHLIGHTS
- This in-town location is ideal for retail, restaurant, or mixed-use development.
EXECUTIVE SUMMARY
This prime property offers a rare opportunity to acquire two commercial lots in the heart of
Hyannis, Cape Cod’s vibrant commercial and tourism district. Located on Main Street, just half
a mile from the beach and minutes from key highways, this fully tenanted property includes
Embargo Restaurant and Night Club, three apartments on the second floor, and office/storage
space in the basement. The flexible Downtown Main Street (DMS) zoning allows for a variety of
commercial, residential, or mixed-use developments, making it an ideal investment for both
immediate cash flow and long-term growth.
With its unbeatable location, high visibility, and proximity to local amenities, this property
offers significant redevelopment potential. Whether you’re looking to expand the current
businesses, reposition the space, or develop a new concept, 453 Main St presents a unique
opportunity for investors and developers in a high-demand market.
Hyannis, Cape Cod’s vibrant commercial and tourism district. Located on Main Street, just half
a mile from the beach and minutes from key highways, this fully tenanted property includes
Embargo Restaurant and Night Club, three apartments on the second floor, and office/storage
space in the basement. The flexible Downtown Main Street (DMS) zoning allows for a variety of
commercial, residential, or mixed-use developments, making it an ideal investment for both
immediate cash flow and long-term growth.
With its unbeatable location, high visibility, and proximity to local amenities, this property
offers significant redevelopment potential. Whether you’re looking to expand the current
businesses, reposition the space, or develop a new concept, 453 Main St presents a unique
opportunity for investors and developers in a high-demand market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,874 SF
Building Class
C
Year Built
1986
Price
$2,695,000
Price Per SF
$342.27
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.56
Lot Size
0.32 AC
Opportunity Zone
Yes
Zoning
DMS - DMS Downtown Main Street District ( see attached)
Parking
16 Spaces (2.03 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Cape Cod Concierge
- Services
- -
- -
- -
- Embargo
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Cape Cod Concierge | Services | - | - | - | ||
| Embargo | Accommodation and Food Services | - | - | - |
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | HYAN-000308-000000-000082 | Improvements Assessment | $1,393,400 |
| Land Assessment | $215,600 | Total Assessment | $1,609,000 |
PROPERTY TAXES
Parcel Number
HYAN-000308-000000-000082
Land Assessment
$215,600
Improvements Assessment
$1,393,400
Total Assessment
$1,609,000
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