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Historic Office Suite
For Lease
$26,400

1 Locust Street, Falmouth, MA 02540

Commercial Lease, Falmouth, MA

Space Size1,100 SF
Lot Size0.45 Acres
Days on Market138

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
side parking

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 · License #9586142
Added: Jun 2 Changed: Oct 8 Last Checked: Oct 17 at 12:06PM
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.

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Investment Insights

Based on property information with market context.

This office offering occupies part of an 1800s-era clapboard building and provides nearly 1,100 square feet of usable workspace. The layout includes four private offices, a separate conference room, a private bathroom, and hardwood flooring. Natural gas heat, public water, and public sewer support the property, while the building totals 2,581 square feet and was constructed in 1808.

The property is positioned at 1 Locust Street in Falmouth, where West Main Street, North Main Street, and Locust Street meet. It overlooks the Village Green and includes abundant side parking for staff and visitors. Downtown amenities, restaurants, and major routes are described as nearby, and immediate occupancy is available.

Key Highlights

  • Nearly 1,100 square feet of office space
  • Four private offices plus a dedicated conference room
  • Private bathroom and hardwood flooring

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Falmouth, MA

$39.96 /SF/Yr
Avg Asking Price
$11.08–$123 /SF/Yr
Price Range
4,785 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

Frequently Asked Questions

What type of property is this?
Office units - Professional office space with private rooms, conference facilities, parking, and a central Falmouth setting.
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 square feet of office space; Four private offices plus a dedicated conference room; Private bathroom and hardwood flooring
More about this property
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