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Two-Story Waterfront Retail and Restaurant

87 Water Street Falmouth, MA 02543

87 Water Street, Falmouth, MA, 02543
$3,295,000
For Sale
$3,295,000

Waterfront two-story property with an operational market and a 68-seat restaurant, supported by convenient street parking.

Property Size3,744 SF
Lot Size0.70 Acres
Price / SF$880.07
Days on Market48

Property Features for 87 Water Street

General Information

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

Building Details

Year Built
1920
Listing agency Hartel Realty
Listed by Greg Hartel
Source Liongatere
Added: Jun 4 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 6:11AM

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


Investment Insights

Based on property information with market context.

This two-story building offers a built-in mix of retail and hospitality uses. The first floor is a fully operational, well-established market, and the second level is a fully equipped 68-seat restaurant. The offering also includes existing inventory, which supports immediate continuity for an owner-operator or investor looking for a turnkey operation in a single asset.

The property is located at 87 Water Street in Falmouth, Massachusetts, overlooking scenic Eel Pond. It sits on a 0.70-acre site and benefits from a highly visible waterfront setting, street parking, and proximity to marine laboratory and research employers, ferry activity, marinas, shops, and dining destinations.

For tenants, buyers, or operators, the layout supports day-to-evening activity through two distinct concepts under one roof. The combination of a market and a restaurant can appeal to operators seeking control over both retail convenience and prepared food service, while the included inventory reduces the operational ramp-up typically associated with new openings. Overall, it is a versatile waterfront storefront property for a range of hospitality and retail strategies, with existing infrastructure already in place to support ongoing service.

Key Highlights

  • 3,744± SF, two‑story waterfront building built in 1920 on a 0.70± acre site
  • Water Street location with views overlooking scenic Eel Pond
  • First floor operates as a market with included existing inventory

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Real Estate Agency Plumbing Service Garden Center Kitchen & Bath Showroom Bakery Catering Service Cafe & Coffee Shop Gym & Fitness Center Parking Lot & Garage Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Waterfront two-story property with an operational market and a 68-seat restaurant, supported by convenient street parking.
Where is this conventional restaurant located?
The property is located at 87 Water Street 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: 3,744± SF, two‑story waterfront building built in 1920 on a 0.70± acre site; Water Street location with views overlooking scenic Eel Pond; First floor operates as a market with included existing inventory
Contact an agent
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