508-862-9000
222 West Main Street, Hyannis, MA
advisors@comrealty.net

33 Bassett Lane, Hyannis, MA: 8,000+/- Sq. Ft. Downtown Office Building for Sale

33 Bassett Ln, Hyannis, MA 02601, USA

Details

Located in the heart of Hyannis’ premier downtown business district, this multi-tenant office investment at 33 Bassett Lane presents a rare opportunity to acquire a stabilized, income-producing commercial asset in the economic center of Cape Cod. Positioned just off Main Street and North Street, the property benefits from strong walkability, established tenancy, and long-term investment fundamentals.

💼 PROPERTY HIGHLIGHTS

  • Nearly 100% occupied with established office tenants
  • Multi-tenant configuration helps spread vacancy risk across multiple income streams
  • Recently renovated and professionally maintained
  • Located on municipal town sewer
  • Flexible office layouts across multiple floors
  • Onsite parking plus nearby public parking options
  • Walkable to Main Street restaurants, retail, banking, and professional services
  • Strong downtown Hyannis location with year-round business activity

🔍 INVESTMENT POTENTIAL

This is more than just an office building — it is a stabilized downtown investment positioned for long-term performance in Cape Cod’s strongest commercial market.

Income Stability

The property is nearly fully leased with multiple tenants, reducing reliance on a single occupant and creating diversified, consistent revenue streams.

Risk Diversification

The multi-tenant nature of the building allows investors to spread risk across several occupants rather than depending on one tenancy for cash flow stability.

Long-Term Downtown Value

Downtown Hyannis continues to experience strong demand for centrally located office and mixed-use commercial space, supporting long-term investment fundamentals and tenant retention.

Minimal Immediate Capital Needs

Recent renovations and ongoing maintenance provide buyers with a well-positioned asset requiring limited near-term improvements.


📈 LOCATION ANALYSIS

  • Located in Downtown Hyannis, Cape Cod’s commercial and business hub
  • Walking distance to Main Street retail, restaurants, and professional services
  • Minutes from Cape Cod Hospital
  • Convenient access to Route 28 and Route 6
  • Close proximity to Cape Cod Gateway Airport
  • Strong year-round business activity and workforce presence

With Hyannis serving as the economic center of Cape Cod, 33 Bassett Lane positions investors within one of the region’s most established and resilient commercial districts.

Building

Details

Land

Building value $ 973,700 Bedrooms  00 USE CODE  3400
Replacement Cost $1,352,298 Bathrooms Lot Size (Acres)  0.43
Model  Commercial Total Rooms Appraised Value $ 226,400
Style  Office Bldg Heat Fuel  Gas Assessed Value  $ 226,400
Grade  Average Plus Heat Type  Hot Air
Year Built 1985 AC Type  Central
Effective depreciation  23 Interior Floors  Hardwood
Stories  2 Interior Walls  Drywall
Living Area sq/ft  8,052 Exterior Walls  Brick/Masonry
Gross Area sq/ft 12,138 Roof Structure  Gable/Hip
Roof Cover  Metal/Tin
2026
Community Preservation Act Tax
$ 215.82
Hyannis FD Tax (Commercial)
$ 4,626.40
Hyannis FD Tax (Residential)
$ 0
Town Tax (Commercial)
$ 7,193.93
Town Tax (Residential)
$ 0Total: $ 12,036.15
2025
Community Preservation Act Tax
$ 218.92
Hyannis FD Tax (Commercial)
$ 4,462.20
Hyannis FD Tax (Residential)
$ 0
Town Tax (Commercial)
$ 7,297.43
Town Tax (Residential)
$ 0Total: $ 11,978.55
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Plans

First Floor Plan

Second Floor Plan

Basement Plan

Attachments