Medical and Office Mixed-Use
320 Gifford Street Falmouth, MA 02540
320 Gifford Street, Falmouth, MA, 02540
$649,000
For Sale
$649,000
COMMERCIAL - Falmouth, MA
Property Size3,214 SF
Price / SF$201.93
Days on Market50
Property Features for 320 Gifford Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Basement
- Walk-Out Access, Finished
- Appliances
- Water Heater
- Standard status
- Active
- APN
- FALM 38 S:03 P:300 L:001U-5U
- Size
- 3,214 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3502
Utilities
- Sewer type
- Cesspool
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1971
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Barnboard
- Roof type
- Asphalt
Listing agency
Berkshire Hathaway HomeServices Robert Paul Properties
(508) 540-9800
Listed by
O'Neill Group
(508) 524-7325
Added: Jun 2 Updated: Jul 11 at 6:33PM Checked: Jul 21 at 11:06AM
MLS# 22602610
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.
Investment Insights
Based on property information with market context.
This mixed-use property is part of the well-established Homeport complex, offered through a Trust ownership that includes eight total buildings. The offering includes five units in a highly convenient setting, providing a versatile ownership structure for both owner-occupants and investors. With strong visibility and an in-place professional focus, the building is well suited to medical or professional office use, while also supporting an income-producing strategy within a known Cape Cod market.
Located at 320 Gifford Street, the complex is positioned just minutes from downtown amenities, Falmouth Hospital, restaurants and shops, and waterfront attractions. This proximity supports everyday convenience for staff and clients and contributes to the property’s overall visibility. The opportunity is described as a rare chance to own a versatile building with long-term potential in an in-town location.
For medical practices, this arrangement offers a practical home within a multi-unit, mixed-use environment where visibility can matter. For professional service tenants, the layout and setting align with office-oriented use cases. Investors also may find the five-unit configuration appealing as a straightforward way to diversify within a stable complex and a sought-after in-town area.
Located at 320 Gifford Street, the complex is positioned just minutes from downtown amenities, Falmouth Hospital, restaurants and shops, and waterfront attractions. This proximity supports everyday convenience for staff and clients and contributes to the property’s overall visibility. The opportunity is described as a rare chance to own a versatile building with long-term potential in an in-town location.
For medical practices, this arrangement offers a practical home within a multi-unit, mixed-use environment where visibility can matter. For professional service tenants, the layout and setting align with office-oriented use cases. Investors also may find the five-unit configuration appealing as a straightforward way to diversify within a stable complex and a sought-after in-town area.
Key Highlights
- 1971‑built mixed‑use property in the Homeport complex, part of a Trust ownership with 8 total buildings
- Includes 5 units within the complex
- Utilities: public water and cesspool sewer
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.0k | $25.20 |
| − Vacancy | −$5.3k | −$1.64 |
| EGI | $75.7k | $23.56 |
| − OpEx | −$30.3k | −$9.42 |
| NOI | $45.4k | $14.14 |
3,214 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Office B
$965.3K
$844.6K – $1.13M
NOI $67,571 @ 7.0% cap · market cap 10.41%
Second Best
Healthcare Medical
$649.1K
$568.0K – $757.3K
NOI $45,437 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,681 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Rare opportunity within the Homeport complex, offering strong visibility and flexible space for medical or professional use.
Where is this office units located?
The property is located at 320 Gifford Street Falmouth, MA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 1971‑built mixed‑use property in the Homeport complex, part of a Trust ownership with 8 total buildings; Includes 5 units within the complex; Utilities: public water and cesspool sewer
