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
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 amenities—beaches, the bike path, dining, and more. This property holds excellent potential for future appreciation. Don't miss out on this rare opportunity. Schedule your private viewing today!
More Information MLS# 22405204
Contract Info
Lease Terms: Year
Triple Net: No
List Price/SqFt: 263.77
Status: Closed
Original List Price: 5395000
Sold Price: $4,175,000
Current Price: $4,175,000
List Date: 2024-10-21
Legal and Taxes
Town: Falmouth
Village: Falmouth
Estimated Annual Taxes: 13681
Building Assessments: 1361100
Other Assessments: 22400
Total Assessment: 2178600
Title Reference - Book: 03633
Title Reference - Page: 0281
Flood Ins Required: Yes: verify w/insurance agent
Lead Base Paint: Unknown
Mass Use Code: 10 - Multiple Use Property
Nitrogen Sensitive Area: No
Street #: 410
Pre Direction: W
Street Name: Falmouth
Street Suffix: Highway
County: Barnstable
State: MA
Zip Code: 02540
Tax ID: 25 02 007 000
Tax Year: 2024
General Property Info
Region: Upper Cape
Primary Sub-Type: Mixed Use
School District: Falmouth
Secondary Sub-Type: Restaurant
Zoning: B3
Other Sub-Type: Retail
Renovated: Yes
# of Buildings: 2
Year Renovated: 2022
Stories: 2
Field Card SqFt: 16988
Additional Finished Space: 1399
# of Units: 10
Additional SqFt Source: Owner
Seating Capacity: 101 or More
Condo: No
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
Total Finished Space: 18387
Year Built: 1940
Remarks & Misc
Public Remarks: 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 amenities—beaches, the bike path, dining, and more. This property holds excellent potential for future appreciation. Don't miss out on this rare opportunity. Schedule your private viewing today!
Directions to Property: Rte 28A to 410 West Falmouth Highway
Status Change Info
Concessions: No
Estimated Selling Date: 2025-03-28
Sold Price/SqFt: 227.06
SP/AV: 1.92
Under Contract Date: 2025-01-08
Sold Date: 2025-03-31
Sold Price: $4,175,000
Special Listing Cond
None: 1
Lot Features
Level: 1
Views: 1
Basement Description
No Basement: 1
Building/Business
Building Name: The West Falmouth Square
Business Operating: Yes
Present Use
Food Services: 1
Mixed: 1
Restaurant: 1
Retail: 1
Other: 1
Parking Features
Assigned: 1
Driveway: 1
Paved: 1
Foundation Details
Slab: 1
Convenient To
Bike Path: 1
House of Worship: 1
Major Highway: 1
Marina: 1
Public Tennis: 1
Convenient to Water Body 1: Chapoquoit Beach
Convenient to Water Body 2: West Falmouth Harbor
Convenient to Water Body 3: Old Silver Beach
Floors
Carpet: 1
Laminate: 1
Tile: 1
Vinyl: 1
Wood: 1
Walls
Sheet Rock: 1
Utilities
Cable: 1
Electricity: 1
Gas: 1
Sewer
Private Sewer: 1
Exterior Features
Sign: 1
Building Features
Handicap Access: 1
Roof Description
Asphalt: 1
Pitched: 1
Siding Description
Brick: 1
Clapboard: 1
Shingle: 1
Heating
Electric: 1
Forced Air: 1
Cooling
Central Air: 1
Wall Unit(s): 1
Fuel Type
Electric: 1
Natural Gas: 1
Water
Public: 1
Hot Water
Water Heater: 1
Hot Water Source
Electric: 1
Natural Gas: 1
Seasonal
Year Round: 1
Gas
On Site: 1
Tenant Pays
Electricity: 1
Gas: 1
Residential Unit 1
Occupancy: Vacant
Type: Apartment
Approx SqFt: 2654
2 + Baths: 1
2 Bedrooms: 1
View: 1
Year Round: 1
Residential Unit 2
Occupancy: Occupied
Type: Apartment
Approx SqFt: 780
1 Bath: 1
2 Bedrooms: 1
Residential Unit 3
Occupancy: Occupied
Type: Apartment
Approx SqFt: 590
1 Bath: 1
1 Bedroom: 1
Year Round: 1
Residential Unit 4
Occupancy: Occupied
Type: Apartment
Approx SqFt: 418
1 Bath: 1
1 Bedroom: 1
Year Round: 1
Commercial Unit 1
Occupancy: Occupied
Type: Retail
Approx SqFt: 6180
Separate Utilities: 1
Year Round: 1
Commercial Unit 2
Occupancy: Occupied
Type: Retail
Approx SqFt: 1320
Separate Utilities: 1
Year Round: 1
Commercial Unit 3
Occupancy: Occupied
Type: Retail
Approx SqFt: 2360
Separate Utilities: 1
Year Round: 1
Commercial Unit 4
Occupancy: Occupied
Type: Retail
Approx SqFt: 1120
Separate Utilities: 1
Year Round: 1
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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