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Mixed-Use Building with Retail and Apartment
For Sale
$108,500

199 Main Street, Falmouth, MA 02540

Downtown mixed-use building with multiple retail bays and a renovated 3BR/2BA unit above.

Property Size1,980 SF
Price / SF$11.30
Days on Market129

Property Features for 199 Main Street

General Information

Standard status Active
Size 1,980 SF
Total Parking Spaces 6
Property subtype Commercial
Lease Term Existing Lease Type: NNN

Additional Details

Road Access Yes
Multifamily Units 1

Building Details

Building Size 1,980 SF
Year Built 1980
Tenancy Multi
Listing Agency: Premier Commercial
Listed By: Michael Valentine
Source: Iverty
Added: Apr 30 Changed: Sep 4 Last Checked: Sep 5 at 6:52AM

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 Premier Commercial

Investment Insights

Based on property information with market context.

This mixed-use property includes approximately 9,600 sq. ft. of retail/commercial space and a renovated 1,500 sq. ft. 3BR/2BA apartment above. The commercial portion is divided into three spaces of approximately 1,600 sq. ft., 4,500 sq. ft., and 3,500 sq. ft., and each space has a full basement that provides storage and utility area not included in the stated square footage.

The building is located directly on Main Street in downtown Falmouth. Parking includes five to six dedicated spaces, plus abundant street parking and a municipal parking lot one block away, supporting convenient access for customers, tenants, and guests. The area is described as active year-round, with nearby shops and restaurants, and the property is minutes to area beaches, ferries, and marinas.

For investors or owner-users, the layout supports leasing flexibility across multiple retail/commercial spaces while keeping a fully renovated apartment on the upper level. The on-site basements add practical storage for retail operations, and the combination of dedicated and nearby public parking helps reduce friction for foot traffic throughout the day.

Key Highlights

  • Mixed‑use downtown Falmouth property on Main Street with approximately 9,600 SF total retail/commercial plus a renovated 1,500 SF 3BR/2BA apartment above.
  • Three retail/commercial spaces totaling approximately 1,600 SF, 4,500 SF, and 3,500 SF, each with a full basement for storage and utility space.
  • Apartment unit: 1,500 SF 3BR/2BA located above the retail spaces.

Property Analytics

Current Use

Green Eyed Daisy Clothing & Fashion Store

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Electrical Service Big Box & Wholesale Store Storage Facility Building Supply

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

1
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

827
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

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown mixed-use building with multiple retail bays and a renovated 3BR/2BA unit above.
Where is this mixed-use property located?
The property is located at 199 Main Street Falmouth, MA.
What is the asking price?
The asking price for this property is $108,500.
What are key features of this property?
This property features: Mixed‑use downtown Falmouth property on Main Street with approximately 9,600 SF total retail/commercial plus a renovated 1,500 SF 3BR/2BA apartment above.; Three retail/commercial spaces totaling approximately 1,600 SF, 4,500 SF, and 3,500 SF, each with a full basement for storage and utility space.; Apartment unit: 1,500 SF 3BR/2BA located above the retail spaces.
More about this property
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