225 Iyannough RdHyannis, MA 02601
- Retail properties
- 1,312 SF
Property Details for 225 Iyannough Rd
- Year built
- 1965
- Construction
- FRAME
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 1,312 SF
- Zone code
- H
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- HYAN M:328 L:205
- APU
- HYANM328L205
Description
This exceptional retail property presents a rare investment opportunity on the bustling Route 28 in Hyannis, MA. The 1,300 square foot building sits on a 0.17-acre lot and enjoys an unparalleled location directly across from the Cape Cod Transportation Center, ensuring high visibility and substantial foot traffic. Its strategic position offers easy access to major roadways including Route 6, Willow Street, and historic Route 6A, maximizing exposure to a large customer base. The property's proximity to key attractions such as the Cape Cod Mall, Cape Cod Gateway Airport, Island Ferry Service, and Main Street Hyannis further enhances its appeal. Nearby beaches also add to the area's desirability. Currently housing the Adventure Cafe, this building boasts ample parking, excellent frontage, and prime signage opportunities. The property is not located in a flood zone, adding to its investment security. This is a must-see for investors seeking a high-traffic, well-situated retail space in a thriving Cape Cod location. The building is being sold as-is. The substantial traffic counts and prime location make this a truly exceptional opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $356,549
- 6.5%
- $329,123
- 7%
- $305,614
-
Comparable approach
- Method
- Valuation
- Relative Method
- $431,993
- Geo Method
- $431,993
-
Alternative Use
- Use
- Valuation
- Residential
- $277,627
- Hospitality
- $254,305
- Educational
- $211,579
- Medical
- $218,855
- Retail
- $329,123
Location Insight
- City
- Hyannis
- County
- Barnstable
- State
- Massachusetts
- Latitude
- 41.6608
- Longitude
- -70.2783
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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