505 Main Street, Barnstable, MA 02601
Barnstable County
Key Facts
Description
An exceptional opportunity to acquire an iconic Indian restaurant in the heart of Main Street, Hyannis, MA. Established in the 1990s, this beloved dining destination has been a cornerstone of the vibrant Main Street culture for decades, earning a loyal year-round following and strong seasonal traffic from Cape Cod visitors. The 2,200 square foot restaurant offers seating for 75 guests inside, complemented by an additional 20 seats outdoors that capture the energy of downtown Hyannis. The dining room features many recent improvements, including new furniture that enhances both comfort and ambiance. The fully-equipped kitchen boasts substantial upgrades, allowing for efficient operations and expanded menu potential. Positioned in a high-visibility, high-foot-traffic location, this turnkey operation presents an outstanding opportunity for an owner-operator or investor seeking a proven concept in one of Cape Cod's most desirable commercial corridor. Favorable, long-term lease.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Year Built
1991
Lot Size
2,200 sq ft
Zoning
323N
MLS® Listing#
73481742
Property Features
Construction
Sewer
Water Source
Financial Details
Parcel Number
2220851
Directions
Take Main Street to #505 on the left side.
Affordability Calculator
$44,000
Estimated monthly payment
$1,171/mo
Principal $176,000 · Est. interest $245,536 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Barnstable, MA
- $938,462
- Median Listing Price
- 49
- Median Days on Market
- 2,157
- Median Sq Ft
- $530
- Median Price / Sq Ft
- 152
- Active Listings
- This home’s price is 77% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Barnstable, MA.
Location
Points of Interest in Barnstable, MA
Showing the Barnstable area map.
Nearby Schools
Sturgis Charter Public School
Secondary · 0.1 mi away
St. John Paul II School
Secondary · 0.2 mi away
Barnstable Community Innovation School
Elementary · 0.4 mi away
Sturgis Charter Public School
School · 0.7 mi away
Sturgis West
School · 0.8 mi away
Crystal Garden Children's Learning Center
School · 1.5 mi away
Hyannis West Elementary School
Elementary · 1.5 mi away
Barnstable High School
Secondary · 1.8 mi away
Barnstable Intermediate School
Secondary · 1.8 mi away
Vanguard Tabletop Gaming
School · 1.9 mi away
Trinity Christian Academy
School · 2.4 mi away
Marguerite E Small Elementary
Elementary · 2.7 mi away
Mattacheese Middle School
Elementary · 2.7 mi away
Centerville Elementary
Elementary · 3.4 mi away
AS Wee Grow Learning Center
School · 3.8 mi away
West Barnstable Elementary
Elementary · 3.9 mi away
John Simpkins School
School · 4.8 mi away
Dennis-Yarmouth Regional School District
School · 5.0 mi away
Bayberry Christian School
School · 5.0 mi away
Station Avenue Elementary
Elementary · 5.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 569 Main St 2, Barnstable, MA | $255,000 | — | — | 532 |
| 21B Pleasant Street UNIT 8, Barnstable, MA | $269,000 | 2 | 2 | 766 |
| 21 Pleasant St 8, Barnstable, MA | $269,000 | 2 | 2 | 766 |
| 40 Industry Rd 5 & 18, Barnstable, MA | $275,000 | — | — | 1,075 |
Moving Cost Estimate
EXIT Agents in Barnstable
Listing Courtesy: Premier Commercial - 5088155701
Presented by: Michael Valentine