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243 South Street, Hyannis, MA 02601

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For Sale

$826,000

2,766 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $298.63
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 22504684

Courtesy Of Commercial Realty Advisors, Inc.

(508) 862-9000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Floor Covering
    Carpet, Hardwood
  • Heating System
    Forced Air
  • Lot Size
    0.53 Acres

Map and Directions

Directions to 243 South Street, Hyannis, MA 02601

Home seller CENTURY 21 North East

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North East

(800) 844-7653
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.