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712 Main St 3,415 SF 100% Leased Retail Building Hyannis, MA 02601 $2,000,000 ($585.65/SF) 8.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Stabilized, Income-Producing Commercial Asset
- Highly Versatile Mixed-Use Zoning (O-1 District)
- Multiple Revenue Streams Under One Roof
- Turnkey Condition , Fully Renovated in 2021
- Prime Main Street Visibility & On-Site Parking
- Low-Maintenance Brick & Concrete Construction
EXECUTIVE SUMMARY
Where a prime location meets a modern business model, you'll find this fully renewed turn-key investment. Offering a refined blend of vision & solid cash flow for the discerning investor, opportunity meets possibility! Crafted for those who value excellence & simplicity, fully renovated in 2021, this one of a kind property offers its own parking on Main Street, flexible layouts & a polished interior designed to support meaningful work & strong business relationships. The main level is thoughtfully configured with nine private salon suites, actively rented creating immediate income potential & a seamless transition for an owner seeking a professional setting aligned with beauty & style. Above it, a second-floor apartment added in 2021, creates versatility & stability, ideal for owner use or additional revenue. With approximately 3,415 sq.ft., three baths, laundry areas on 1st & 2nd floors, parking for 8 cars and a prosperous business situated on a high-visibility area within the downtown mixed-use zone, this property offers both residential & commercial use. Business transferable. Buyer/ agent to verify information.
Private Remarks: All 9 suites and apartment on second floor are rented. Business transferable.
Directions: From The Rotary Near The Melody Tent Head Down Main St. Building On Left.
Showing Instructions:Notice to show required. Please text/call Cola Su at +1 (425) 528-6136 with the date and time of your showing request and please allow 24 hrs for showing requests to be confirmed. Tenants in place.
Private Remarks: All 9 suites and apartment on second floor are rented. Business transferable.
Directions: From The Rotary Near The Melody Tent Head Down Main St. Building On Left.
Showing Instructions:Notice to show required. Please text/call Cola Su at +1 (425) 528-6136 with the date and time of your showing request and please allow 24 hrs for showing requests to be confirmed. Tenants in place.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,415 SF
Building Class
C
Year Built
1955
Price
$2,000,000
Price Per SF
$585.65
Cap Rate
8.40%
NOI
$168,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.31
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
O-1 - O-1 zoning in Hyannis mixed-use district; allows professional services with commercial and residential use flexibility.
Parking
8 Spaces (2.34 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | HYAN-000308-000000-000279 | Improvements Assessment | $454,600 |
| Land Assessment | $190,000 | Total Assessment | $644,600 |
PROPERTY TAXES
Parcel Number
HYAN-000308-000000-000279
Land Assessment
$190,000
Improvements Assessment
$454,600
Total Assessment
$644,600
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