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720 Main St
Hyannis, MA 02601

Land For Sale · 1.19 AC

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Investment Highlights

Extremely Rare Opportunity to Own Land on Main Street, Hyannis!

Executive Summary

With dual frontage on both Main Street and North Street, this property offers unparalleled visibility and accessibility. The proposed plans for this development include a modern 40-unit residential apartment building with a ground-level parking garage design.
720 Main Street is situated within the town’s “Growth Incentive Zone” and has a GIS zoning value of DMS. As a state designated Gateway City, Barnstable allows access to significant state funding for housing developments.
This property is a developer’s dream, offering the perfect opportunity to create a high-demand housing development in a thriving area. With its strategic location and attractive design plans, this property is sure to attract a wide range of renters seeking modern and convenient living spaces. Don’t miss out on this incredible investment opportunity.

PROPERTY FACTS

Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	Redevelopment Project	Proposed Use	Retail Restaurant Storefront
No. Lots	1	Total Lot Size	1.19 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment or Owner User
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Retail Restaurant Storefront
Total Lot Size	1.19 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Price	$1,600,000	Lot Size	1.19 AC
Price Per AC	$1,339,809

Price	$1,600,000
Price Per AC	$1,339,809
Lot Size	1.19 AC

With dual frontage on both Main Street and North Street, this property offers unparalleled visibility and accessibility.

PROPERTY TAXES

Parcel Number	HYAN-000308-000000-000003	Improvements Assessment	$28,800
Land Assessment	$372,900	Total Assessment	$401,700

PROPERTY TAXES

Parcel Number

HYAN-000308-000000-000003

Land Assessment

$372,900

Improvements Assessment

$28,800

Total Assessment

$401,700

zoning

Zoning Code	Commercial
Commercial

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Listing ID: 30768450
Date on Market: 1/25/2024
Last Updated:
Address: 720 Main St, Hyannis, MA 02601

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