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Mixed-Use Commercial Building in Falmouth

1-6-364 Gifford St Falmouth, MA 02540

1-6-364 Gifford St, Falmouth, MA, 02540

$595,000

For Sale

$595,000

Mixed-use building with income potential in downtown Falmouth.

Property Size2,947 SF

Price / SF$201.90

AddedJan 12

Days on Market185

Last RefreshJul 14 at 8:03 am

Property Features for 1-6-364 Gifford St

General Information

Standard status: Active
Size: 2,947 SF

Listing office Berkshire Hathaway HomeServices Robert Paul Properties

Listing date Jan 12, 2026

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Robert Paul Properties

Investment Insights

Based on property information with market context.

Located in downtown Falmouth, this mixed-use commercial building offers an investment or owner-user opportunity. The free-standing building is part of a condominium association and comprises 6 units across three levels, with two units per level. Four of the six units are currently occupied, providing income potential. The building totals approximately 2,947 square feet and allows for a variety of uses including residential, retail sales, and business or professional offices. Utilities include private septic, Town water, and natural gas. The property is located minutes from Falmouth Hospital.

Key Highlights

Prime downtown Falmouth location.
Mixed‑use commercial building with flexible zoning (residential, retail, office).
Existing income potential with 4 of 6 units currently occupied.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$70.7k	$24.00
− Vacancy	−$5.0k	−$1.68
EGI	$65.8k	$22.32
− OpEx	−$24.7k	−$8.37
NOI	$41.1k	$13.95

2,947 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 37.50%

Alternative Uses

Best Use

Office B

$885.1K

$774.5K – $1.03M (±1% cap)

NOI $61,958 @ 7.0% cap · market cap 10.41%

Second Best

Retail

$864.6K

$756.6K – $1.01M (±1% cap)

NOI $60,525 @ 7.0% cap · market cap 10.17%

Theoretical Best

Office A

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,064 @ 7.0% cap · market cap 14.13%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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Suggested Use

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For sale
Mixed-use properties
MA
Falmouth
02540
1-6-364 Gifford St

What type of property is this?

Mixed-use property - Mixed-use building with income potential in downtown Falmouth.

Where is this mixed-use property located?

The property is located at 1-6-364 Gifford St Falmouth, MA.

What is the asking price?

The asking price for this property is $595,000.

What are key features of this property?

This property features: Prime downtown Falmouth location.; Mixed‑use commercial building with flexible zoning (residential, retail, office).; Existing income potential with 4 of 6 units currently occupied.