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Historic Office Building with Parking
For Lease
$26,400

1 Locust Street, Falmouth, MA 02540

COMMERCIAL - Falmouth, MA

Space Size1,100 SF
Lot Size0.45 Acres
Days on Market92

Property Features for 1 Locust Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning description B2
Appliances Water Heater
Elementary school district Falmouth
Middle school district Falmouth
High school district Falmouth
Directions From Route 28/West Main Street, proceed toward downtown Falmouth. Property is prominently located at the intersection of West Main Street, North Main Street, and Locust Street.
Subdivision Falmouth
Standard status Active
APN FALM 47A S:03 P:064 L:000
Size 2,581 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5770

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

private bathroom

Building Details

Year built 1808
Floors in Building 3
Flooring type Hardwood
Building materials Clapboard
Roof type Asphalt
Listing Agency: Premier Commercial
Listed By: Mike Valentine
Added: Jun 2 Changed: Aug 4 Last Checked: Sep 1 at 9:06PM
MLS# 22602602

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set in a charming 1800s-era office building, this nearly 1,100 square foot suite is arranged to support day-to-day professional workflows. The space includes four private offices plus a dedicated conference room, along with a private bathroom. A functional layout and office-ready configuration make it well suited for businesses that need both focused workspace and a place for client or team meetings.

The property occupies a prominent intersection at West Main Street, North Main Street, and Locust Street, overlooking the Village Green. The visibility and recognizable setting are complemented by abundant side parking for clients and employees. Immediate occupancy is available, and the location offers convenient access to downtown amenities, restaurants, and major routes.

This suite is a strong fit for a wide range of office-based users, including real estate, financial services, legal and administrative operations, consulting, insurance, or other professional organizations. With its historic character, straightforward interior layout, and practical parking, it provides a polished environment that can help establish credibility from the moment clients arrive.

Key Highlights

  • Nearly 1,100 SF office building built in 1808
  • Four private offices plus a dedicated conference room
  • Private bathroom and functional office layout designed for professional use

Property Analytics

Current Use

Beach House By ... Hardware & Home Improvement Compass - Freitas Monteforte ... Real Estate Agency

Suggested Use

Top Pick Electrical Service Auto Parts Store Computer & Electronic Repair HVAC Service Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby

Demographics for 02540, MA

8,450
Population
6,200
Households
1.4
Avg Household Size
61
Median Age
59%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
768
Density / Sq Mi
$88,266
Median Household Income
$52,243
Median Earnings
$1,328
Median Rent
$756,300
Median Home Value

Market

Lease Benchmarks for Falmouth, MA

$29.33 /SF/Yr
Avg Asking Price
$5.76–$123 /SF/Yr
Price Range
4,543 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Nearly 1,100 SF office suite in an 1800s building with four private offices, dedicated conference room, and private bath.
Where is this office units located?
The property is located at 1 Locust Street Falmouth, MA.
What is the lease rate?
The lease rate is $26,400.
What are key features of this property?
This property features: Nearly 1,100 SF office building built in 1808; Four private offices plus a dedicated conference room; Private bathroom and functional office layout designed for professional use
More about this property
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