410 W Falmouth Hwy West Falmouth, MA 02540
- Investment properties
- 16,988 SF
- 1.49 lot acres
Current Use by Public Records
- Chapoquoit Grill / American Restaurant / Bar
- Massey Heather / Massage Therapist
- Guided Living Senior Home Care / Home Health Care Service
Property Details for 410 W Falmouth Hwy
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.49 lot acres
- Property size
- 16,988 SF
- Zone code
- B3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- FALM 25 S:02 P:007 L:000
- APU
- FALM25S02P007L000
Description
This exceptional mixed-use property in Falmouth, MA, presents a lucrative investment opportunity. Located at 410 W Falmouth Highway, this 18,387 square foot complex sits on a 64,904 square foot lot and boasts a rich history as a vibrant community hub. Currently generating revenue from fully leased commercial spaces and income-producing apartments, the property includes established tenants such as The Chapoquoit Grill, Up-Town Dog, Murphy's Liquors, Image Makers Hair Salon, and the Post Office, ensuring a strong and stable income stream. Built in 1940, the complex has been meticulously maintained, with recent exterior updates including roofs (approximately 2 years old), siding (mostly 2 years old), new gutters, and most windows and doors replaced within the last 2 years. The property benefits from high foot traffic, strong community support, and convenient proximity to beaches, the bike path, and various dining options. This prime location and the consistent income generated make this a rare opportunity for significant future appreciation. The asking price is $5,395,000. This is an exceptional chance to acquire a well-established, income-producing property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,660,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,540,000
- 6.5%
- $3,760,000
- 7%
- $4,175,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,965,000
- Geo Method
- $4,585,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,840,000
- Retail
- $3,445,000
- Mixed-Use
- $4,075,000
- Hospitality
- $3,550,000
- Educational
- $3,650,000
- Residential Income
- $3,905,000
- Energy
- $4,340,000
- Income-Based Land
- $4,455,000
- Food Service
- $4,250,000
Location Insight
- Map
- Local Demand
- City
- Falmouth
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.6362
- Latitude
- 41.5924
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
