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    541 Main St

    Barnstable, MA 02601
    • $1,195,000
    • STATUS: Active
    • MLS #: 72601993
    UPDATED: 153 min ago
    $1,195,000
    • 0
      BEDS
    • 0.54
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,757
      SQFT
    • $177
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Nat Santoro of Kinlin Grover Commercial.

    Description

    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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    The property listing data and information 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 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 set forth herein. Data last updated 2020-11-27T00:06:22.547.
    www.cosmopolitanrealestate.net/homes/101839717
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    541 Main St Barnstable, MA 02601

    • Price: $1,195,000
    • Status: Active
    • Updated: 153 min ago
    • MLS #: 72601993
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.54
    Acres
    6,757
    SQFT
    $177
    $/SQFT
    1960
    Built
    Neighborhood:
    Hyannis
    County:
    Barnstable
    Area:
    Hyannis
    Property Description
    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.
    Exterior Features

    Construction Frame Location DowntownStripPublic TransportationCentral Business DistrictCorner Lot Parking Features 11-20 SpacesPaved DrivewayOn Site Parking Spaces 12 Roof Material Asphalt/Composition Shingles Stories 1

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 6757.00 Rsf Building Sq Ft 0.00 Total Building Sq Ft 6757.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 714800.00 Assessed Value Land 220000.00 Assessed Value Total 934800.00 Commercial Industrial Type Commercial Disclosure No Exchange No Lease No Lender Owned No Mau Units 0 Ofu Units 0 On File21 E No Reu Units 6 Rsu Units 0 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2020 Taxes 12541.00 Total Units 6 Utilities Public WaterPublic Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Hvb

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Nat Santoro of Kinlin Grover Commercial.


    The property listing data and information 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 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 set forth herein. Data last updated 2020-11-27T00:06:22.547.
     
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    Cosmopolitan Real Estate Inc.
    23 Salem Street
    Medford MA, 02155
    Listing courtesy of Nat Santoro of Kinlin Grover Commercial.