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561 Main Street, Unit ABarnstable, MA 02601MLS Number 22101023

  • Sale Price: $800,000The price has recently decreased
  • Listed at $950,000
  • 5 Days Since Sale
Price Down Payment Interest Rate Years

Est. Mortgage: $/month

Federal 30-year interest rate: 2.8% last updated on 2021-07-29

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

561 Main Barnstable MA 02601
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  • $950,000List Price
  • 3648Square Feet
  • 1987Year Built
Amazing opportunity to acquire a MIXED-USE INCOME PROPERTY (8% cap rate on proforma) in prime retail location on Main Street, Hyannis. This is the first time that this property has been offered since 1994. This free standing condominium is comprised of 4 units totaling 3,648+/- sf. The first floor consists of a nearly 1500 +/- sf commercial space that has historically been used as successful restaurant space (former Hyannis Oyster Co.) with tremendous outdoor patio space fronting Main St., as well as an occupied Studio apartment in the rear. The second floor of this property consists of two occupied two bedroom apartments. Each of the 3 apartments have been recently renovated. While the Main Street fronting commercial space has been used predominantly as a restaurant, it could be equally valuable as a retail space. This high visibility location is in the Hyannis Village Business District, Growth Incentive Zone and a Federal Opportunity Zone, and faces the busy intersection of Main St and Basset Ln. Financial / lease information available to qualified investors / end-users.
Listed by Kevin Pepe of Commercial Realty Advisors,Inc.

Listing Sold by Commercial Realty Advisors, Inc.

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Main Office

Your Local Office

Main Office
707 Main Street
Hyannis MA, 02601

Office: 508-771-1994

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More Info

Basic Information

  • Unit NumberA


  • Building Number561
  • StreetMain
  • Street SuffixStreet
  • VillageHyannis
  • StateMA
  • Topography Lot DescriptionCorner
  • Zip02601
  • CountyBarnstable
  • TownBarnstable
  • Directions to PropertyMain street to Basset Lane, property immediately on the left. Basset Lane south to Main Street, property across Main Street on right.
  • School DistrictBarnstable


  • Room 3 Features1 Bath,2 Bedrooms, Separate Utilities
  • Room 2 TypeApartment
  • Room 3 TypeApartment
  • Room 1 Features1 Bath, Separate Utilities, Studio
  • Room 1 TypeApartment
  • Room 2 Features1 Bath,2 Bedrooms, Separate Utilities
  • WallsSheet Rock
  • FlooringCarpet, Laminate
  • Comm 1 TypeRetail
  • Comm 1 FeaturesSeparate Utilities, Sidewalk, Year Round
  • Comm 1 Approx Sq Ft1500

Water Body

  • WaterfrontNo
  • Beach DescriptionNone
  • Water ViewNo
  • Water AccessNone


  • Number of Photos16
  • Last Picture Change Date Time03/11/2021


  • Parking Spaces
  • Parking DescriptionCommon Lot, Street/Public


  • Year Built1987
  • Building ConstructionWood Frame
  • Room 3 OccupancyOccupied
  • Commercial UnitsYes
  • Industrial UnitsNo
  • Residential UnitsYes
  • Room 1 OccupancyOccupied
  • Total Number Commercial Units1
  • Stories2
  • AsbestosUnknown
  • Total Number Residential Units3
  • BasementNo Basement, Other - See Remarks
  • Comm 1 OccupancyOccupied
  • Room 2 OccupancyOccupied
  • CondoYes
  • FoundationPoured
  • Lead PaintUnknown
  • Square Feet3648
  • SQFT Source DisplayAssessor


  • Convenient ToBike Path, Cape Cod Rail Trail, Conservation Area, Golf Course, House of Worship, In Town Location, Major Highway, Marina, Medical Facility, School, Shopping
  • Business IncludesNone
  • Other AmenitiesBasement

Basic Information

  • Date Listed03/08/2021
  • Property Type DisplayD
  • Business TypeIncome/Multi-Family
  • Sale Date07/26/2021
  • List Price$950,000
  • Modification Date07/28/2021
  • Original Price$950,000
  • Sale Price$800,000
  • Present UseMixed, Other, Restaurant, Retail
  • MLS Number22101023
  • MLS StatusClosed


  • Number of Buildings1
  • Flood ZoneNot Verified
  • Lot Size SourceAssessor
  • Underground Fuel TankNo
  • RenovatedYes


  • Siding DescriptionClapboard, Shingle
  • Exterior FeaturesDisplay Window, Fire Escape, Other - See Remarks, Rear Entrance, Sign
  • Roof DescriptionAsphalt, Composition, Pitched


  • Hot Water or Water HeatTank
  • WaterTown Water
  • Heat SystemForced Hot Air, Forced Hot Water
  • GasOn Site
  • CoolingOther
  • Fuel TypeNatural Gas
  • SewerPublic Sewer


  • Total Assessments$482,000
  • Improvement Assessment$482,000


  • Publish to Internet1
  • Title Reference Book25914-203
  • Business with Real EstateNo
  • Special List CondStandard
  • View Count7

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This site was last updated July 31, 2021. All properties are subject to prior sale, changes, or withdrawal.

Seaport Village Realty has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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