Historic Mixed-Use
New
For Sale
$1,900,000
1 Main Street, Falmouth, MA 02540
Zoning accommodates three commercial units and one residential unit in a Colonial-era building with six bedrooms and six baths.
Property Size4,013 SF
Price / SF$473.46
Days on Market4
Property Features for 1 Main Street
General Information
Standard status
Active
Size
4,013 SF
Property subtype
Mixed Use
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$7,261
Amenities
fireplace
hardwood floors
high ceilings
French doors
millwork
front porch
private backyard
garage loft
Building Details
Building Size
4,013 SF
Year Built
1892
Buildings
1
Construction
Colonial
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices Robert Paul Properties
Listed By:
Pamela Heylin
(508) 524-6227
Source:
Paulgrover
Added: Oct 11
Changed: Oct 14
Last Checked: Oct 14 at 1:40AM
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.
Dating to 1892, this 4,013-square-foot Colonial-style property in Falmouth combines historic interior details with a layout that includes six bedrooms and six baths. The main floor has gathering rooms, a dining area, kitchen with breakfast space, parlor with bar, office/library/bedroom, full bath, and laundry. Five bedrooms occupy the upper floor; four have private baths. Hardwood floors, French doors, millwork, high ceilings, and a fireplace are among the building’s features. A walk-up attic measures approximately 28 by 32 feet, and the property also has a front porch, private backyard, two-car garage with loft, and ample parking.
The property is zoned for three commercial units and one residential unit. Septic inspection has been passed for eight bedrooms. Shops and restaurants on Main Street are directly accessible; beaches, a bikeway, marinas, and ferry service are nearby. Any proposed change of use, reconfiguration, expansion, or ADU would require buyer verification and applicable approvals.
The property is zoned for three commercial units and one residential unit. Septic inspection has been passed for eight bedrooms. Shops and restaurants on Main Street are directly accessible; beaches, a bikeway, marinas, and ferry service are nearby. Any proposed change of use, reconfiguration, expansion, or ADU would require buyer verification and applicable approvals.
Key Highlights
- 4,013‑square‑foot property built in 1892
- Zoning allows three commercial units and one residential unit
- Six bedrooms and six baths; septic inspection passed for eight bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,981
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,620
$1.1M
Cap Rate 7%
$799,729
$799.7K
Cap Rate 9%
$622,011
$622.0K
Market Conditions
NOI Build-Up for 4,013 SF
Gross rent
$96.3K $24.00/SF
− Vacancy
−$6.7K −$1.68/SF
EGI
$89.6K $22.32/SF
− OpEx
−$33.6K −$8.37/SF
NOI
$56.0K $13.95/SF
Area
Barnstable County, MA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,119,620
Cap Rate 7%
$799,729
Cap Rate 9%
$622,011
Alternative Uses
Best Use
Mixed Use
$799.7K
$699.8K – $933.0K
NOI $55,981 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.43M – $1.91M
NOI $114,473 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Zoning accommodates three commercial units and one residential unit in a Colonial-era building with six bedrooms and six baths.
Where is this mixed-use property located?
The property is located at 1 Main Street Falmouth, MA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4,013‑square‑foot property built in 1892; Zoning allows three commercial units and one residential unit; Six bedrooms and six baths; septic inspection passed for eight bedrooms
