Description
Everyone knows this intriguing parcel right in the center of Main Street because of the carousel and arcade that were recently situated here. While they are no longer running, there are a few other businesses that provide income for the sellers at this site. 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.
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0BEDS
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0.54ACRES
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0BATHS
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01/2 BATHS
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6,757SQFT
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$177$/SQFT
Description
Everyone knows this intriguing parcel right in the center of Main Street because of the carousel and arcade that were recently situated here. While they are no longer running, there are a few other businesses that provide income for the sellers at this site. 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.
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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Leighton Realty.
Data last updated: 2022-01-20T11:25:38.573.