410 W Falmouth Highway, Falmouth, MA 02540 (MLS# 22405204)

410 W Falmouth Highway, Falmouth, MA 02540

$4,175,000

Property Type: Commercial Square Footage: 18,387 Lot Size (sq. ft.): 64,904 Status: Closed

Current Price: $4,175,000 List Date: 11/18/2024 Last Modified: 3/31/2025

Overview

Description

Lucrative Investment Opportunity! The West Falmouth Square shopping complex is a mixed-use residential and commercial property steeped in local heritage. With fully leased commercial spaces and income-producing apartments, this property is already generating revenue, making it an ideal choice for savvy investors. Home to some of Falmouth's favorite year-round hot spots that all contribute to a strong and stable income stream: The Chapoquoit Grill, Up-Town Dog, Murphys's Liquors, Image Makers Hair Salon and the anchor of the center, the Post Office. With its charming architecture and storied past, your business can thrive while becoming part of the community's vibrant narrative. Impeccably maintained with these exterior updates: the roofs are roughly 2 years old. Most of the siding is 2 years old, new gutters, and most windows and doors were replaced 2 years ago. From thriving businesses to your investment benefits from high foot traffic, community support, and proximity to popular amen ... (Read more)

Listing Details MLS# 22405204

Contract Info

Original List Price: 5395000
Lease Terms: Year
Triple Net: No
List Price/SqFt: 263.77

Legal and Taxes

Street #: 410
Pre Direction: W
Street Name: Falmouth
Street Suffix: Highway
County: Barnstable
Town: Falmouth
Village: Falmouth
State: MA
Zip Code: 02540
Tax ID: 25 02 007 000
Estimated Annual Taxes: 13681
Tax Year: 2024
Building Assessments: 1361100
Other Assessments: 22400
Total Assessment: 2178600
Title Reference - Book: 03633
Title Reference - Page: 0281
Lead Base Paint: Unknown
Flood Ins Required: Yes: verify w/insurance agent
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: No

General Property Info

Region: Upper Cape
Primary Sub-Type: Mixed Use
Secondary Sub-Type: Restaurant
Other Sub-Type: Retail
School District: Falmouth
Zoning: B3
# of Buildings: 2
Stories: 2
# of Units: 10
Total Finished Space: 18387
Field Card SqFt: 16988
Additional Finished Space: 1399
Additional SqFt Source: Owner
Seating Capacity: 101 or More
Condo: No
Year Built: 1940
Renovated: Yes
Year Renovated: 2022
Business w/Real Estate: No
Lot Size SqFt: 64904
Lot Size Source: Field Card
Acres: 1.49
Golf Course Front: No
Golf Course View: No
Waterfront: No
Waterview: Yes
Water Body View: Black Beach
Waterview Type: Bay/Harbor
Residential Units: Yes
Total # Res Units: 5
Commercial Units: Yes
Total # Comm Units: 6
Industrial Units: No
Property Includes Recording Devices: No

Status Change Info

Concessions: No
Estimated Selling Date: 2025-03-28
Under Contract Date: 2025-01-08
Sold Date: 2025-03-31
Sold Price/SqFt: 227.06
SP/AV: 1.92

Convenient To

Convenient to Water Body 1: Chapoquoit Beach
Convenient to Water Body 2: West Falmouth Harbor
Convenient to Water Body 3: Old Silver Beach

Residential Unit 1

Occupancy: Vacant
Type: Apartment
Approx SqFt: 2654

More Information

Residential Unit 2

Occupancy: Occupied
Type: Apartment
Approx SqFt: 780

Residential Unit 3

Occupancy: Occupied
Type: Apartment
Approx SqFt: 590

Residential Unit 4

Occupancy: Occupied
Type: Apartment
Approx SqFt: 418

Commercial Unit 1

Occupancy: Occupied
Type: Retail
Approx SqFt: 6180

Commercial Unit 2

Occupancy: Occupied
Type: Retail
Approx SqFt: 1320

Commercial Unit 3

Occupancy: Occupied
Type: Retail
Approx SqFt: 2360

Commercial Unit 4

Occupancy: Occupied
Type: Retail
Approx SqFt: 1120

Property Features

Special Listing Cond: None Present Use: Food Services; Mixed; Restaurant; Retail; Other Lot Features: Level; Views Parking Features: Assigned; Driveway; Paved Convenient To: Bike Path; House of Worship; Major Highway; Marina; Public Tennis Floors: Carpet; Laminate; Tile; Vinyl; Wood Walls: Sheet Rock Foundation Details: Slab Basement Description: No Basement Building Features: Handicap Access Roof Description: Asphalt; Pitched Siding Description: Brick; Clapboard; Shingle Heating: Electric; Forced Air Cooling: Central Air; Wall Unit(s) Fuel Type: Electric; Natural Gas Water: Public Hot Water: Water Heater Hot Water Source: Electric; Natural Gas Seasonal: Year Round Utilities: Cable; Electricity; Gas Sewer: Private Sewer Gas: On Site Tenant Pays: Electricity; Gas Residential Unit 1: 2 + Baths; 2 Bedrooms; View; Year Round Residential Unit 2: 1 Bath; 2 Bedrooms Residential Unit 3: 1 Bath; 1 Bedroom; Year Round Residential Unit 4: 1 Bath; 1 Bedroom; Year Round Commercial Unit 1: Separate Utilities; Year Round Commercial Unit 2: Separate Utilities; Year Round Commercial Unit 3: Separate Utilities; Year Round Commercial Unit 4: Separate Utilities; Year Round

Listing Office: Sotheby's International Realty

Listing Agent: Kerrie A Marzot

Last Updated: March - 31 - 2025

Broker Attribution: 508-274-2236

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