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Waterfront Retail and Restaurant Opportunity

87 Water St, Falmouth, MA 02543

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For Sale

$3,295,000

Landmark waterfront retail and restaurant property in iconic Cape Cod village.

Type:Commercial

Property size:

3,744 SF

Lot size:

0.70 Acres

Price / SF:

$880/SF

HighLights

Landmark waterfront property with established market and restaurant.
Fully operational 68‑seat restaurant and market included.
Prime location overlooking Eel Pond in iconic Cape Cod village.
High visibility on Water Street with steady foot traffic.
Includes existing inventory for immediate operational value.
Close proximity to marine research facilities, ferry, marinas, shops, and dining.

We can help!

Listing Contact

Greg Hartel

Learn more

For Sale

$3,295,000

Landmark waterfront retail and restaurant property in iconic Cape Cod village.

Type:Commercial

Property size:

3,744 SF

Lot size:

0.70 Acres

Price / SF:

$880/SF

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 8:26 pm

Property Features for 87 Water St

General Information

Standard status: Active
Size: 3,744 SF
Lot size: 0.70 Acres
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

Greg Hartel

Listing agent Greg Hartel

Listing office Hartel Realty

Listing date Apr 24, 2026

Source Elliman

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 Hartel Realty

HighLights

Landmark waterfront property with established market and restaurant.
Fully operational 68‑seat restaurant and market included.
Prime location overlooking Eel Pond in iconic Cape Cod village.
High visibility on Water Street with steady foot traffic.
Includes existing inventory for immediate operational value.
Close proximity to marine research facilities, ferry, marinas, shops, and dining.

Overview

This property presents an opportunity to acquire a waterfront retail and restaurant location in a prominent Cape Cod village. The two-story building, totaling 3,744 square feet, is situated on a 0.70-acre site and features a market on the first floor and a 68-seat restaurant on the second level. The property benefits from its location on Water Street, which provides foot traffic, street parking, and proximity to marine laboratories, research facilities, ferry services, marinas, shops, and dining options. The existing inventory is included, offering immediate operational value for an owner-user or investor. The property offers a waterfront setting with indoor spaces and upper-level dining views over Eel Pond. The property is located in a coastal destination. The bike score is 35, indicating it is somewhat bikeable, and the walk score is 47, indicating car-dependent accessibility.

Location Intelligence

Current Use by Public Records

Woods Hole Market ... Department Store Fast ATMs LLC Law Firm

Suggested Use

Location Insight

Map
Local Demand

City: Falmouth
County: Barnstable
State: Massachusetts
Longitude: -70.67076
Latitude: 41.5247148

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What type of property is this?

Grocery and convenience store - Landmark waterfront retail and restaurant property in iconic Cape Cod village.

Where is this grocery and convenience store located?

The property is located at 87 Water St Falmouth, MA.

What is the asking price?

The asking price for this property is $3,295,000.

What are key features of this property?

This property features: Landmark waterfront property with established market and restaurant.; Fully operational 68‑seat restaurant and market included.; Prime location overlooking Eel Pond in iconic Cape Cod village.