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35 Winter St
Hyannis, MA 02601

Office Property For Sale

Investment Highlights

  • Four floors of office space
  • Once the remaining space is rented, NOI will be approximately $123,619
  • May lend itself to redevelopment for apartments.
  • Fully sprinklered and elevator access to all floors
  • Frontage on both Winter Street and North Street at lighted intersection.
  • Walk to dozens of restaurants, shops, salons and other businesses.

PROPERTY FACTS

Property Type
Office
Building Size
11,564 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
3,906 SF
Building FAR
0.83
Lot Size
0.32 AC
Zoning
HVB - Hyannis Village Business
Parking
18 Spaces (1.56 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Skylights
  • Storage Space
  • Direct Elevator Exposure
  • Natural Light
  • Recessed Lighting
  • Drop Ceiling
  • Air Conditioning

About 35 Winter St , Hyannis, MA 02601

Meticulously maintained office building at lighted intersection of North and Winter Streets. The foundation size is 3,944 sq. ft. and there are twelve suites on the four floors of office space (lower, first, second and third). Total estimated living space: 12,322 sq. ft. (see details page 6 of package). The amount of 'rentable' space vs common depends on how the space is split up and leased out. For example, the second floor has three suites, but currently the entire floor is leased to one business, so the common area becomes rentable. Gross area: 15,812 sq. ft. (per assessor’s records). All suites have separately metered electric heat, except 2 units on 2nd floor that are gas. Many of the units (almost half of the office space) have brand new (2019) heating systems. Elevator access to all levels and two sets of stairs. Fire sprinklers throughout. Municipal water and sewer. For decades, until recently, the owners’ business was located in the building. Every single year improvements were completed as preventative maintenance, remodeling, upgrading, updating and revamping. At this time, just over 70% of the building is leased. The 29% vacant is being marketed. There is a buzzer system at the front door, so that, if desired, exterior doors may be locked and visitors may be buzzed in. The exterior stairwell is located behind a tall, remodeled fence for security and privacy reasons. Several suites and two levels of common areas were entirely renovated in 2019 with bathrooms, flooring, ceiling tiles, electrical, etc. Elevator has new mechanicals (2019). No deferred maintenance.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
HYAN-000309-000000-000224
Land Assessment
$198,400
Improvements Assessment
$1,662,900
Total Assessment
$1,861,300
  • Listing ID: 18182409

  • Date on Market: 1/14/2020

  • Last Updated:

  • Address: 35 Winter St, Hyannis, MA 02601

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