Motel with Manager’s
New
For Sale
$2,450,000
382 main Street Falmouth, Falmouth, MA 02540
An in-town lodging property includes a separate residence with a full kitchen, living room, and three bedrooms.
Property Size5,500 SF
Lot Size0.25 Acres
Price / SF$445.45
Days on Market4
Property Features for 382 main Street Falmouth
General Information
Standard status
Active
Size
5,500 SF
Lot size
0.25 Acres
Property subtype
Commercial
Additional Details
Business Included
Yes
Building Details
Year Built
1965
Listing Agency:
Premier Commercial
Listed By:
Mike Valentine · License #9586142
(508) 815-5700
Source:
Capecodtoday
Added: Oct 7
Last Checked: Oct 9 at 4:22PM
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.
The 17-unit Town & Beach Motel occupies an approximately 5,500 SF property on a quarter-acre parcel. Its manager’s residence has a full kitchen, living room, three bedrooms, and three full bathrooms. The motel was built in 1965; improvements include a new water heater, new plumbing, and updates to most rooms.
At 382 Main Street in Falmouth, the property is within walking distance of the beach, Village Green, restaurants, shops, and downtown. The in-town setting places lodging and the residence near these local destinations.
At 382 Main Street in Falmouth, the property is within walking distance of the beach, Village Green, restaurants, shops, and downtown. The in-town setting places lodging and the residence near these local destinations.
Key Highlights
- 17‑unit motel
- Approximately 5,500 SF on a quarter‑acre parcel
- Manager’s residence with a full kitchen, living room, three bedrooms, and three full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,970
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,400
$1.4M
Cap Rate 7%
$985,286
$985.3K
Cap Rate 9%
$766,333
$766.3K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$165.0K $30.00/SF
− Vacancy
−$19.8K −$3.60/SF
EGI
$145.2K $26.40/SF
− OpEx
−$76.2K −$13.86/SF
NOI
$69.0K $12.54/SF
Area
Barnstable County, MA
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,379,400
Cap Rate 7%
$985,286
Cap Rate 9%
$766,333
Alternative Uses
Best Use
Hotel Hospitality
$985.3K
$862.1K – $1.15M
NOI $68,970 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,890 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
908
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby
- Beachside Village — 45 Surf Dr, Falmouth, MA 02540
- Beach Breeze Inn — 321 Shore St, Falmouth, MA 02540
- Liberte, The Schooner — 227 Clinton Ave, Falmouth, MA 02540
- Falmouth Tides — 267 Clinton Ave, Falmouth, MA 02540
- Mariner's Point Resort — 425 Grand Ave #3471, Falmouth, MA 02540
Frequently Asked Questions
What type of property is this?
Motel - An in-town lodging property includes a separate residence with a full kitchen, living room, and three bedrooms.
Where is this motel located?
The property is located at 382 main Street Falmouth Falmouth, MA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 17‑unit motel; Approximately 5,500 SF on a quarter‑acre parcel; Manager’s residence with a full kitchen, living room, three bedrooms, and three full bathrooms
