Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
Listing photo for 541 Main Street, Hyannis, MA
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541 Main Street,

Hyannis, MA

$1,195,000

6,757 Sqft
0.54 Acres

Everyone knows this intriguing parcel right 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 here. The current owners have very much enjoyed running the arcade and carousel over the past few years, but 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, and the owners are willing to consider creative financing such as a Lease/Purchase or partial owner financing for a qualified buyer. Call for details.

Facts & Features
MLS® # 22100035
Price $1,195,000
Square Footage 6,757
Square Footage Field Card
Acres 0.54
Year Built 1960
Type Income/Multi Family
Sub-Type Commercial
Status Active
Annual Taxes $12,541
Tax Year 2020
Community Information
Address 541 Main Street
Area Barnstable
City Hyannis
County Barnstable
State MA
Zip Code 02601
Amenities
Utilities Town Water, Public Sewer
Parking Spaces 10
Parking Common Lot, Off-Street, Paved Lot, Street/Public
Is Waterfront No
Interior
Heating Forced Hot Water
Cooling Fixed Wall System
Has Basement Yes
Basement Partial, Cape Cod
# of Stories 1
Exterior
Exterior Features Curb Cuts, Display Window, Out Storage, Rear Entrance, Sign
Lot Description Field Card
Roof Asphalt, Composition
Foundation Other
School Information
District Barnstable
Additional Information
Date Listed January 5th, 2021
Zoning HVB
Foreclosure No
Short Sale No
RE / Bank Owned No
Special Listing Conditions None
Listing Details
Office Kinlin Grover Commercial

Cape Cod img src Islands Association of Realtors LogoAll data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings help by brokerage firms other than ROBERT PAUL PROPERTIES include the name of the listing broker. Neither the listing company nor ROBERT PAUL PROPERTIES shall be responsible for any typographical errors, misinformation or misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2021 © Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved.

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