541 Main Street, HyannisBarnstable, MA 02601MLS Number 72601993

  • Price: $1,195,000
  • 317 Days on Market
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Federal 30-year interest rate: 2.81% last updated on Oct 29, 2020
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541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601541 Main Street Barnstable MA 02601
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  • 0.54Acreage
  • 1960Year Built
  • 6,757Square Feet
  • 12Parking Spaces
Everyone knows this intriguing parcel in the center of Main Street because of the carousel that was recently situated on the site. While the horses are gone, the arcade is still here, along with a number of other businesses, some seasonal, that lease space. The current owners have decided that their interests are moving in another direction. This is a great opportunity for either improving the current rents and buildings to increase the income, or for someone to build new with a possibility of apartments and commercial space. Hyannis Village Business Zone allows many uses - please check with the town. In addition, this property is in the Federal Opportunity Zone, creating some advantageous tax credits for qualifying transactions. There is major upside here. Owners are willing to consider creative financing such as a Lease/Purchase or partial owner financing for a qualified buyer. Call for details.

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Driving Directions

Listed by Nat Santoro of Kinlin Grover Commercial

More Info

Parking

  • Parking Spaces12
  • Parking Feature11-20 Spaces, Paved Driveway, On Site
  • Total Parking Spaces12

Building

  • Year Built1960
  • ConstructionFrame
  • Total Units6
  • Total Bldg Sf6757
  • Reu Units6
  • No Buildings1
  • No Stories1
  • Entry OnlyNo
  • Assessed Value Bldg714800

Amenities

  • UsmAmenitiesHorse Property

Photos

  • Photo Date2020-07-29T17:28:00
  • Number of Photos17

Basic Information

  • MLSPIN72601993
  • Prop TypeCI
  • Status Date2020-06-19T21:00:00
  • Date Listed12/19/2019
  • List Price$1,195,000
  • Price Per Square Foot$177
  • LeaseNo
  • DirectionMain Street Hyannis, corner of Main and Pine Ave
  • MLS StatusActive

Exterior

  • Roof MaterialAsphalt/Composition Shingles

Utilities

  • UtilitiesPublic Water, Public Sewer

Location

  • StreetMain Street
  • TownBarnstable
  • StateMA
  • Zip02601
  • Zip Code 45443
  • CountyBarnstable
  • NeighborhoodHyannis
  • LocationDowntown, Strip, Public Transportation, Central Business District, Corner Lot

Property

  • Acreage0.54
  • Space AvailableFor Sale
  • Square Feet6,757
  • SubletNo
  • Lot Size23522
  • Assessed Value Land220000
  • Main LoAC0298

Other

  • Modification Date2020-07-29T17:28:00
  • Certificate Number1232929
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf6757
  • ExchangeNo
  • View Count1

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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