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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.

Property Details of 541 Main Street

Property Details

Interior Features

  • Description: 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.
  • Waterfront: No

Exterior Features

Utilities and Appliances

Community

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Listed by Nat S Santoro of Kinlin Grover Commercial

broker reciprocity The data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Summary or thumbnail real estate listings held by brokerage firms other than Davenport Realty are marked with the BR Logo and detailed information about them includes the name of the listing broker. Neither the listing broker nor Davenport Realty shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

This site was last updated December 1, 2020. All properties are subject to prior sale, changes, or withdrawal.

Davenport Realty has chosen to display only certain towns and/or types or styles of properties. This site may not show all listings that are available through the Cape Cod & Islands Multiple Listing Service, Inc.

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