314 Gifford Street Ext Falmouth, MA 02540
This unique 1,836 square foot special purpose property, built in 1980, sits on a substantial 163,786 square foot lot in Falmouth, Massachusetts, zip code 02540. Located at 314 Gifford Street, this property presents numerous possibilities. The main first floor features a welcoming foyer and a separate reception area, along with several rooms suitable for offices or alternative workspaces. A renovated half-bathroom services this area. A lower-level apartment, legally permitted, has recently undergone improvements including new kitchen cabinets and fresh paint throughout. This apartment has both interior access from the main floor and exterior access via a patio area, offering potential rental income. The property's prime Falmouth location provides easy access to a variety of amenities, including restaurants, shopping, and the steamship terminal for island access. The buyer is responsible for conducting due diligence regarding permitted usage and verifying all measurements. This property is a must-see for those seeking a versatile commercial space with significant potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.