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Property profile & analytics
OFF-MARKET Estimated value $3,200,000
Investment properties

359 Main St Falmouth, MA 02540-3158

0.57 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US38-0767479
Property summary
AI-generated overview

This exceptional 3,200 square foot commercial property, located at 359 Main Street in Falmouth, Massachusetts (zip code 02540), presents a unique investment opportunity. The building is categorized as retail and office space, suitable for a variety of uses. Its versatile design allows for traditional office setups, coworking spaces, or even medical office practices. The property features a single tenancy, offering a cohesive and efficient layout for a single occupant. The building's total square footage is 3,200 square feet, providing ample space for operations and potential expansion. Situated on Main Street in Falmouth, this location benefits from high visibility and accessibility, ensuring strong potential for attracting clients and employees. The property's address is easily identifiable and conveniently located within the vibrant Falmouth community. This presents a rare chance to acquire a well-positioned commercial space in a desirable Massachusetts town. The property's adaptability makes it an attractive option for businesses seeking a flexible and functional workspace. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The latitude and longitude coordinates are 41.5520311 and -70.6126541 respectively.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.57 ac (24,799 SF)
Zoning code B2
APN FALM 47B S:01 P:013 L:000
UPID US38-0767479
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hospice & Palliative Care-Cape Nursing Home
  • Dr. Seppo Rapo Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.20M
Owner & transaction history
Main Street 359 LLC · 2 yrs held
Main Street 359 LLC
since 2024
Last sale
$3.2M
2 recorded transactions
2024
$3.2M
2000
$602,500
Zoning & alternative use
B2 · Falmouth, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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