359 Main Street, Falmouth, MA 02540 (MLS# 22400068)

359 Main Street, Falmouth, MA 02540

$3,200,000
Property Type: Multi-Family Bedrooms: 25 Baths: 27 Square Footage: 13,588 Lot Size (sq. ft.): 24,799 Status: Closed
Current Price: $3,200,000 List Date: 1/09/2024 Last Modified: 9/25/2024

Overview

Description

This once in a lifetime opportunity is very special. Once known as the Falmouth Hotel, this mixed-use building can be used as a combination of residential and commercial. The location is in the heart of the city, on sewer. Luxury Condominiums? Workforce Housing? Restaurant/Commercial and Residential? This is a well-positioned blank canvas. Take note developers, this is a legacy project that needs renovation. Once developed, this prominent location has the potential to shape the culture of downtown Falmouth as a central location for generations to enjoy.

Listing Details MLS# 22400068

Contract Info

Original List Price
3200000
List Price/SqFt
235.5

Legal and Taxes

Street #
359
Street Name
Main
Street Suffix
Street
County
Barnstable
Town
Falmouth
Village
Falmouth
State
MA
Zip Code
02540
Tax ID
47B 01 013 000
Estimated Annual Taxes
9338.42
Tax Year
2024
Building Assessments
858800
Other Assessments
12900
Total Assessment
1443700
Title Reference - Book
12989
Title Reference - Page
0247
Lead Base Paint
Unknown
Flood Ins Required
No
Mass Use Code
10 - Multiple Use Property
Nitrogen Sensitive Area
No

General Property Info

Region
Upper Cape
School District
Falmouth
Zoning
B2
Property Sub-Type
Multi Family
Year Built
1890
Renovated
No
Total Finished Space
13588
Additional Finished Space
13588
Additional SqFt Source
Public Records
Total Rooms
36
Stories
3
Private Pool
No
Private Dock
No
Lot Size SqFt
24799
Lot Size Source
Field Card
Acres
0.57
Association
No
Membership Required
No
Garage
No
Year Round
Yes
Bedrooms - Total
25
Baths - Full
23
Baths - Half
4
Baths - Total
27
Golf Course Front
No
Golf Course View
No
Waterfront
No
Waterview
No
Miles to Beach
1 to 2
Mi. to Beach Comments
end of street
Fireplace
No
Property Includes Recording Devices
No
Basement
Yes

Status Change Info

Concessions
No
Date of Accepted Offer
2024-01-30
Estimated Selling Date
2024-03-22
Under Contract Date
2024-03-14
Sold Date
2024-03-22
Sold Price/SqFt
235.5
SP/AV
2.22

Remarks & Misc

Public Remarks
This once in a lifetime opportunity is very special. Once known as the Falmouth Hotel, this mixed-use building can be used as a combination of residential and commercial. The location is in the heart of the city, on sewer. Luxury Condominiums? Workforce Housing? Restaurant/Commercial and Residential? This is a well-positioned blank canvas. Take note developers, this is a legacy project that needs renovation. Once developed, this prominent location has the potential to shape the culture of downtown Falmouth as a central location for generations to enjoy.
Directions to Property
take route 28 south from bourne bridge. right on palmer, right on main, hotel on right on main section.

Special Listing Cond

Standard
Yes
None
Yes

More Information

Year Built Desc

Actual
Yes

Basement Description

Bulkhead Access
Yes
Interior Access
Yes

Architectural Style

Other
Yes

Foundation Details

Stone
Yes

Beach Ownership

Public
Yes

Floors

Carpet
Yes
Hardwood
Yes
Laminate
Yes
Tile
Yes
Wood
Yes

Sewer

Public Sewer
Yes

Roof Description

Asphalt
Yes

Siding Description

Clapboard
Yes

Heating

Forced Air
Yes

Cooling

None
Yes

Fuel Type

Electric
Yes
Natural Gas
Yes

Water

Public
Yes

Hot Water

Tankless Water Heater
Yes

Hot Water Source

Electric
Yes

Exterior Features

None
Yes

Property Features

Special Listing Cond: Standard; None Year Built Desc: Actual Architectural Style: Other Basement Description: Bulkhead Access; Interior Access Foundation Details: Stone Beach Ownership: Public Floors: Carpet; Hardwood; Laminate; Tile; Wood Exterior Features: None Roof Description: Asphalt Siding Description: Clapboard Sewer: Public Sewer Heating: Forced Air Cooling: None Fuel Type: Electric; Natural Gas Water: Public Hot Water: Tankless Water Heater Hot Water Source: Electric
IDX
Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
Listing Agent: Regan Southworth Group
Last Updated: September - 25 - 2024
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