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Property profile & analytics
FOR SALE
Retail space

346 Gifford St 1-6 Falmouth, MA 02540

Built 1974
Property ID
US38-Q005000
Property summary
AI-generated overview

Located in the heart of downtown Falmouth, just minutes from Falmouth Hospital, this mixed-use commercial offering presents a rare investment or owner-user opportunity. The property is a free-standing building within a well-established condominium association. There are 6 units featuring three levels with two units per level. Four of the six units are currently occupied, providing existing income potential. The building totals approximately 2,947 square feet and allows for a variety of uses including, but not limited to, residential, retail sales, and business or professional offices. Utilities include private septic, Town water, and natural gas. Its prime location, flexible zoning potential, and strong occupancy make this an attractive addition to any portfolio. bikeScore: 55, Bikeable walkScore: 63, Somewhat Walkable

Property profile
Verified
Property type Retail space
Year built 1974
UPID US38-Q005000
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
  • All Cape Hearing Center Medical Clinic
  • Cindy Poirier Therapeutic Massage and Reiki Alternative Medicine Practice Spa & Massage Center
  • Gary Simpson Physician Medical Clinic
  • Mass Bay Behavioral Health Counselor
  • Berglin Deb Counselor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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