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Waterfront Restaurant Opportunity in Falmouth
For Sale
$999,900

56 Water St, Falmouth, MA 02543

Charming waterfront property with a successful restaurant in Woods Hole.

Property SizeContact for details
Days on Market498

Property Features for 56 Water St

General Information

Standard status Active

Building Details

Year Built 1916
Listing Agency: Rand Atlantic, Inc.
Listed By: Tracey Spellman
Source: Corcoran
Added: Apr 21, 2025 Changed: Mar 16 Last Checked: Jul 27 at 5:37AM

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 Rand Atlantic, Inc.

Investment Insights

Based on property information with market context.

This waterfront property, located in the Woods Hole community, was originally constructed in 1916 as a restaurant. Spanning 2681 square feet across three floors, the building offers views of Great Harbor, the Channel, and the Drawbridge. A full-service restaurant, with a seating capacity of 70 to 90, has been a successful tenant for the past 10 years and intends to continue operating at the location. This property presents an opportunity to own a piece of Woods Hole history.

Key Highlights

  • Waterfront property overlooking Great Harbor and the Channel.
  • Located in the heart of the vibrant Woods Hole Community.
  • Successful and popular full‑service restaurant tenancy for the past 10 years.

Property Analytics

Current Use

Water Street Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Plumbing Service Garden Center Kitchen & Bath Showroom Bakery Catering Service

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

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
Well-served
Demand for This Use

Demographics for 02543, MA

756
Population
1,093
Households
0.7
Avg Household Size
56
Median Age
86%
College-Educated
100%
High-School Grad
11.3 sq mi
ZIP Area
67
Density / Sq Mi
$73,611
Median Household Income
$59,135
Median Earnings
$1,206
Median Rent
$909,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Sodexo 5 North St, Falmouth, MA 02543

Frequently Asked Questions

What type of property is this?
Restaurant - Charming waterfront property with a successful restaurant in Woods Hole.
Where is this restaurant located?
The property is located at 56 Water St Falmouth, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Waterfront property overlooking Great Harbor and the Channel.; Located in the heart of the vibrant Woods Hole Community.; Successful and popular full‑service restaurant tenancy for the past 10 years.
More about this property
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