248 Stevens StBarnstable, MA 02601

Property Details for 248 Stevens St

Year built

1981

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.60 AC

Property size (Sq ft)

4,050 SF

Zone code

R

Property type

Office buildings

APN

HYAN M:308 L:018

APU

HYANM308L018

Description

This exceptional special-purpose property at 248 Stevens Street, Hyannis, MA 02601, offers a unique opportunity. The single-tenant building, situated on a 0.6-acre lot (APN 308-018), boasts a total of 4,050 square feet. The available space comprises an 8' x 10'6" office on the first floor of a beautiful brick building. A month-to-month lease is available, providing flexibility for the tenant. All utilities are included in the rental price, simplifying budgeting. Existing furniture, including a desk and chairs (different from those pictured in marketing materials), is provided. Shared amenities include a comfortable sitting area and a restroom. This property presents a rare chance to secure a well-appointed, conveniently located office space in a desirable area of Barnstable County. The property's convenient location and inclusive lease terms make it an attractive option for businesses seeking a hassle-free workspace. The building's brick construction suggests durability and a professional aesthetic. The 0.6-acre lot offers ample space and potential for future expansion or outdoor use. This is an ideal solution for a small business or individual professional seeking a turnkey office solution.

• CAP approach

  CAP return

  Valuation

  6%

  $1,002,416

  6.5%

  $925,307

  7%

  $859,213

• Comparable approach

  Method

  Valuation

  Relative Method

  $529,173

  Geo Method

  $529,173

• Alternative Use

  Use

  Valuation

  Residential

  $1,147,380

  Hospitality

  $1,050,994

  Educational

  $874,415

  Medical

  $904,487

  Retail

  $1,360,201

Location Insight

City

Hyannis

County

Barnstable

State

Massachusetts

Latitude

41.6512

Longitude

-70.2946

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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