291 Barnstable RdBarnstable, MA 02601

Property Details for 291 Barnstable Rd

Year built

1984

Construction

FRAME

Lot size

0.88 AC

Property size (Sq ft)

3,312 SF

Property type

Retail properties

Property subtype

Banks

APN

HYAN M:310 L:174

APU

HYANM310L174

Description

This exceptional single-story office building, totaling 3,312 square feet, is available for sale and/or lease. Situated on a 0.88-acre lot at 291 Barnstable Road, Hyannis, MA 02601 (cross street: Winter Street), this property offers a versatile space ideal for various medical or traditional office uses. Built in 1984 and extensively renovated in 2020, the building is in excellent condition and features ample parking with 22 spaces. The property benefits from convenient access to town sewer and water services. The zoning designation is Downtown Main Street (DTM), reflecting its prime location within Barnstable County. The entire 3,312 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building. This property is a rare find, combining a desirable location with modern amenities and significant square footage. The single-story design provides easy accessibility and efficient use of space. Its location in the heart of Hyannis offers excellent visibility and proximity to local amenities and transportation routes. This is an exceptional opportunity to acquire a well-maintained, versatile office building in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $900,070

  6.5%

  $830,834

  7%

  $771,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,090,520

  Geo Method

  $1,090,520

• Alternative Use

  Use

  Valuation

  Residential

  $700,839

  Hospitality

  $641,965

  Educational

  $534,107

  Medical

  $552,476

  Retail

  $830,834

Location Insight

City

Hyannis

County

Barnstable

State

Massachusetts

Latitude

41.661

Longitude

-70.2858

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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