Eco Friendly - Seller Financing - Lease to Own
Address
541 Main St Barnstable, MA
Price
$ 1,195,000
Property Attributes
  • MLS#72771300
  • TypeCommercial
  • CountyBARNSTABLE
  • CityBarnstable
  • AreaHyannis
  • Zip02601
  • StyleCommercial
  • Year Built1960
  • Taxes12302
  • Price$ 1,195,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6757
  • Lot Size0.54 Acres
Listing Provided Courtesy Of:
Nat Santoro with Kinlin Grover Commercial.
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.

Price History
1/5/2021 Listed $1,195,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02601

Price
AVG $570K
$1.2M
Taxes
AVG $6,608
$12,302
Visits
AVG 8
3
Year Built
AVG 1965
1960

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