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243 South Street
Hyannis MA 02601 US

$826,000

Active Listing ID 22504684
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Lot: 0.53 Acres
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Office

$826,000

Active Listing ID 22504684
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243 South Street 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.

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Property Features

  • Facts
  • Lot Size: 0.53 Acres
  • Property Type: Residential
  • Property Sub-type: Office
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Hardwood
  • Roof Type: Shingle
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Residential
  • propertysubtype: Office
  • listprice: 826000
  • unparsedaddress: 243 South Street
  • postalcity: Hyannis
  • stateorprovince: MA
  • country: US
  • postalcode: 02601
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.53
  • lotsizeunits: Acres
  • lotsizearea: 0.53
  • livingarea: 2766
  • livingareaunits: Square Feet
  • latitude: 41.65066
  • longitude: -70.283223
  • listagentfullname: Kevin Pepe
  • listagentemail: kpepe@comrealty.net
  • listagentkey: 3yd-CCIAORMA-U0561
  • listagentmlsid: U0561
  • listagentpreferredphone: 5088629000
  • listagentofficephone: 5088629000
  • listofficekey: 3yd-CCIAORMA-COMRA
  • listofficemlsid: COMRA
  • disclaimer: Copyright © 2025 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCIAORMA
  • yearbuilt: 1910
  • listingcontractdate: 2025-09-19
  • listagenturl: http://www.comrealty.net
  • countyorparish: Barnstable
  • parcelnumber: 326-005
  • elementaryschooldistrict: Barnstable
  • middleorjuniorschooldistrict: Barnstable
  • highschooldistrict: Barnstable
  • appliances: Water Heater
  • cooling: Central Air
  • constructionmaterials: Frame
  • flooring: Carpet, Hardwood
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • basement: Full, Walk-Out Access
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -70.283226, 41.65066
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Commercial Realty Advisors, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kpepe@comrealty.net", "ListBrokerageCity":"Hyannis", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Commercial Realty Advisors, Inc.", "ListBrokeragePhone":"(508) 862-9000", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"MA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"222 West Main Street", "ListBrokerageWebsiteUrl":"http://www.comrealty.net", "ListOfficeAddress1":"222 W Main Street ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"COMRA", "ListOfficeCity":"Hyannis", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"02601", "ListOfficeStateOrProvince":"MA", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Hyannis, MA", "ListingURL":null, "MLSModificationTimestamp":"2025-09-19 15:19:06", "Neighborhoods":[{"Description":null, "Name":"Barnstable"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4678, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/19/2025 3:31:44 PM GMT
Source Updated Date: 12/8/2025 6:53:59 PM GMT

Courtesy of: Kevin Pepe, Commercial Realty Advisors, Inc., kpepe@comrealty.net

Copyright © 2025 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.