541-545 Main Street
Price: $1.195M
7141 square feet
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.