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

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.

More Information MLS# 22400068

Contract Info

List Price/SqFt: 235.5 Status: Closed Original List Price: 3200000 Sold Price: $3,200,000 Current Price: $3,200,000 List Date: 2024-01-09

Legal and Taxes

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

General Property Info

Region: Upper Cape School District: Falmouth Zoning: B2 Property Sub-Type: Multi Family Renovated: No Stories: 3 Total Rooms: 36 Additional Finished Space: 13588 Additional SqFt Source: Public Records Basement: Yes Baths - Half: 4 Association: No Private Dock: No Private Pool: No Lot Size SqFt: 24799 Membership Required: No Lot Size Source: Field Card Acres: 0.57 Garage: No Year Round: Yes 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 Year Built: 1890 Total Finished Space: 13588 Bedrooms - Total: 25 Baths - Full: 23 Baths - Total: 27

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.

Status Change Info

Concessions: No Date of Accepted Offer: 2024-01-30 Estimated Selling Date: 2024-03-22 Sold Price/SqFt: 235.5 SP/AV: 2.22 Under Contract Date: 2024-03-14 Sold Date: 2024-03-22 Sold Price: $3,200,000

Special Listing Cond

Standard: 1 None: 1

Year Built Desc

Actual: 1

Basement Description

Bulkhead Access: 1 Interior Access: 1

Architectural Style

Other: 1

Foundation Details

Stone: 1

Beach Ownership

Public: 1

Floors

Carpet: 1 Hardwood: 1 Laminate: 1 Tile: 1 Wood: 1

Sewer

Public Sewer: 1

Roof Description

Asphalt: 1

Siding Description

Clapboard: 1

Heating

Forced Air: 1

Cooling

None: 1

Fuel Type

Electric: 1 Natural Gas: 1

Water

Public: 1

Hot Water

Tankless Water Heater: 1

Hot Water Source

Electric: 1

Exterior Features

None: 1

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
Listing Office: Berkshire Hathaway HomeServices Robert Paul Properties
Listing Agent: Regan Southworth Group
IDX
Last Updated: September - 25 - 2024
All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Cape Cod & Islands Multiple Listing Service, Inc. Detailed information about real estate listings held by brokerage firms other than CC&I Assoc. of REALTORS, Inc include the name of the listing company. Neither the listing company nor CC&I Assoc. of REALTORS, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. This site was last updated 02/14/2017. All properties are subject to prior sale, changes, or withdrawal. Copyright 2020© Cape Cod & Islands Multiple Listing Service, Inc. All rights reserved