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Falmouth Commercial Condo Shell Space

100 Dillingham Falmouth, MA 02540

100 Dillingham, Falmouth, MA, 02540

$380,000

For Sale

$380,000

New commercial condo shell in mixed-use development, customizable for office/retail.

Property Size1,200 SF

Price / SF$316.67

AddedMay 13, 2025

Days on Market430

Last RefreshMar 16 at 9:09 am

Property Features for 100 Dillingham

General Information

Standard status: Active
Size: 1,200 SF

Building Details

Year Built: 2022

Listing office REALTY WORKS LLC

Listing date May 13, 2025

Source Corcoran

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 REALTY WORKS LLC

Investment Insights

Based on property information with market context.

This commercial condo shell presents a build-to-suit opportunity within a newly constructed mixed-use condominium development in Falmouth. The center unit benefits from high ceilings and an ADA-accessible public entry. The space offers flexibility for interior customization to suit specific business needs. Purchase options include the unit as-is (shell only), or the developer can collaborate on a custom build-out. Part of the historic Nimrod Restaurant development, the property comprises two custom-framed buildings with six ground-level commercial condo units and seven second-floor residential units. Potential exists for exclusive use of a basement storage unit, subject to buyer verification. The property includes landscaping, common area cleaning, rubbish/recycling, and snow removal. Units can be combined for additional space and are suitable for office or retail purposes. The property is located in a prime area and offers on-site parking.

Key Highlights

Prime location in Falmouth within a newly constructed mixed‑use development.
Build‑to‑suit opportunity with flexible space for customization.
Option for developer collaboration on a custom build‑out.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.0k	$35.04
− Vacancy	−$8.4k	−$7.01
EGI	$33.6k	$28.03
− OpEx	−$8.4k	−$7.01
NOI	$25.2k	$21.02

1,200 SF · lease $35.04/SF/yr · vacancy 20.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$360.4K

$315.4K – $420.5K (±1% cap)

NOI $25,229 @ 7.0% cap · market cap 6.64%

Second Best

Retail

$352.1K

$308.1K – $410.8K (±1% cap)

NOI $24,646 @ 7.0% cap · market cap 6.49%

Theoretical Best

Office A

$489.0K

$427.9K – $570.5K (±1% cap)

NOI $34,231 @ 7.0% cap · market cap 9.01%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Blu Jade Spa ... Alternative Medicine Practice The Blu Pearl Spa ... Alternative Medicine Practice Dr. Annemarie M. ... Physician

Suggested Use

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For sale
Retail space
MA
Falmouth
02540
100 Dillingham

What type of property is this?

Retail space - New commercial condo shell in mixed-use development, customizable for office/retail.

Where is this retail space located?

The property is located at 100 Dillingham Falmouth, MA.

What is the asking price?

The asking price for this property is $380,000.

What are key features of this property?

This property features: Prime location in Falmouth within a newly constructed mixed‑use development.; Build‑to‑suit opportunity with flexible space for customization.; Option for developer collaboration on a custom build‑out.