574 Main St 4,270 SF Retail Building Hyannis, MA 02601 $1,299,000 ($304.22/SF) 10% Cap Rate

Welcome to 574 Main Street, Hyannis—Location, Location, Location!! a rare opportunity to own a high-visibility, mixed-use property in the heart of Cape Cod’s most active downtown district. This One-of-a-kind standalone building sits prominently along bustling Main Street, just steps from the ferry terminals to Martha’s Vineyard and Nantucket, and surrounded by top local attractions, shops, restaurants, and seasonal foot traffic. This is one of the most visited corridors in Cape Cod, drawing over 250,000 tourists each summer. Whether you’re an investor, entrepreneur, or looking for a premium live/work opportunity, this is a one-of-a-kind offering with exceptional flexibility and income potential.
The property features a fully renovated ±3,040 SF first-floor commercial unit, currently operating as a successful retail gift shop. The storefront boasts large display windows, excellent street visibility, and a bright, open layout. The commercial space includes a private restroom, storage area, workroom, and offers flexible configuration. It may be used as one retail unit or subdivided into two separate storefronts—providing a second rental stream or opportunity for multi-use tenancy. The business is fully turnkey, with inventory negotiable, making it ideal for a buyer looking to hit the ground running or capitalize on the busy Cape Cod season.
Upstairs, the Beautiful Residential Suite offers a private entrance and a stunning, designer-renovated 2-bedroom, 1-bath layout. This unit is a luxurious coastal retreat, featuring soaring cathedral ceilings, gleaming hardwood floors, and abundant natural light. The brand-new kitchen includes custom cabinetry, high-end appliances, stone countertops, and modern fixtures—designed to impress. The spa-inspired bathroom showcases elegant tilework and contemporary finishes. Additional features include in-unit laundry, generous storage, and a private balcony overlooking lively Main Street, ideal for enjoying coffee at sunrise or relaxing in the evening. This residential space can come fully furnished, and is perfect for an owner-occupant, an executive rental, or a high-demand Airbnb listing. Its premium design, walkable location, and downtown views make it highly marketable and income-generating.
This Property Offer Five Potential Income Streams:
Retail Business Income – Operate or lease the turnkey ±3,040 SF retail space; inventory negotiable.
Residential Rental Income – Generate long-term rental income or capitalize on lucrative short-term Airbnb demand.
Dual Commercial Use – Potentially Subdivide the commercial unit for two tenant leases and additional rent revenue.
Bonus Lot Development – Utilize the included additional lot for a secondary business, such as bike or scooter rentals, a pop-up kiosk, or food cart hub.
Permitted Water Stand – Seasonal concession stand permit offers a low-overhead, high-margin sales opportunity during peak months.
Additional features include two deeded parking spaces, rear access, and zoning (HVB – Hyannis Village Business) that supports a wide range of commercial and residential uses. With unbeatable visibility, Various Business uses, multiple revenue opportunities, and beautifully upgraded interiors, 574 Main Street is a rare, income-generating gem in one of the Cape’s most coveted commercial locations.
Don’t miss your chance to invest in the heart of Cape Cod’s downtown core with a property that offers Versatility, Opportunity, and lasting value.