37 Edgerton Drive #STE 3, North Falmouth, MA 02556
Move-in ready medical condo with a leased national dermatology tenant and tenant-paid HOA in a maintained complex.
- Added:
- Jun 11, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 13 at 4:30 am
Property Features for 37 Edgerton Drive #STE 3
General Information
- Standard status
- Active
- Size
- 2,284 SF
- Lot size
- 2.87 Acres
- Property subtype
- Commercial: Condominium
Building Details
- Year Built
- 1970
Listing agent Cassie Courtney (508) 349-3100
Listing office Wallace & Co. Sotheby's International Realty (508) 349-3100
Listing date Jun 11, 2026
Source Downcaperealty
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 Wallace & Co. Sotheby's International Realty
HighLights
- 2,284 SF medical commercial condo in a condo complex with a leased national dermatology tenant
- Lease in place offered at approximately 8.5% cap rate (per provided remarks)
- Unit includes waiting room, reception, 2 offices, 6 exam rooms, ADA restroom, and break room with kitchenette
- Fully remodeled with a brand new HVAC system and A/C condenser
- Condo ownership includes 25% common interest; tenant pays HOA covering master insurance, exterior maintenance, snow removal, parking lot, and landscaping
- Owner parking included; unit includes onsite parking situated over 2.87 acres (per provided remarks)
Overview
The property is located at 37 Edgerton Drive, Suite 3, in North Falmouth, MA. The investment includes a lease in place with a national dermatology firm tenant, with the unit being offered at a stated +/- 8.5% cap rate. Tenant-paid HOA fees cover master insurance, exterior maintenance, snow removal, parking lot upkeep, and landscaping, helping reduce recurring landlord responsibilities. Onsite parking is provided, and the condo complex sits on approximately 2.87 acres.
For buyers evaluating owner occupancy or an investment purchase, the suite’s extensive exam room layout and updated mechanicals support immediate medical use. The tenant-paid HOA structure may also simplify monthly expense management, while the maintained shared exterior and parking elements help preserve day-to-day operational continuity.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Falmouth
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.6118678
- Latitude
- 41.6405641