628 Falmouth Hwy, Falmouth, MA 02540-2117
- Investment properties
- 3,020 SF
- 0.66 lot acres
Current Use by Public Records
- Cape Lifestyle Real Estate / Real Estate Agency
- The Holistic Swan LLC / Gym & Fitness Center / Alternative Medicine Practice
- Jackie Duffey Psychic Medium / Spiritual Center
- ComMen Scents Candle Company/ West Falmouth Village Candles / Home Decor Store
Property Details for 628 Falmouth Hwy
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.66 lot acres
- Zone code
- B3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- FALM 24A S:04 P:015 L:000
- APU
- FALM24AS04P015L000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 4, 2021 | — | Missy Good Jeans RT | Susan L Moran | Quit Claim Deed · related | — |
| Sep 9, 2019 | — | Susan L Moran | West Falmouth Harbor Hse | Quit Claim Deed · related | $337k · Boston Private Bank & Trust Company |
| Jun 7, 2019 | — | Susan L Moran | West Falmouth Harbor Hse | Quit Claim Deed · related | — |
| Nov 9, 2018 | $960,000 | West Falmouth Harbor H | Zeytoonian Ret | Quit Claim Arm's Length For Ne States | $760k · Carlyn Ellms |
| May 10, 2012 | $1 | Zeytoonian Ret | Zeytoonian,nerses J | Grant Deed · related | — |
| May 4, 2012 | $1 | Zeytoonian Ret | Zeytoonian,nerses J | Grant Deed · related | — |
| Mar 17, 2003 | — | Nerses J Zeytoonian | — | Deed Of Trust · related | $140k · Citizens Mortgage INC |
| May 24, 2002 | — | Nerses J Zeytoonian | — | Deed Of Trust · related | $140k · Citizens Mortgage INC |
| Mar 31, 1998 | — | Nerses J Zeytoonian | — | Deed Of Trust · related | $150k · Citizens Mortgage INC |
| Feb 3, 1994 | $225,000 | Bernadette Marzot | Marzot,charles A | Grant Deed · related | $180k · Neworld Bank Svgs |
| May 29, 1987 | — | Charles A Marzot | — | Deed Of Trust · related | $240k · Bankboston Development Co LLC |
Description
This unique 245 sq ft commercial space is situated on a 0.66-acre lot at 628 W Falmouth Highway. The property, part of a larger building (3,020 sq ft total), offers a single-tenant occupancy within a high-traffic area. Its prime location boasts proximity to Chappoquoit Beach, a nearby Whole Foods Market, and a summer ice cream shop, ensuring high visibility and foot traffic. The unit itself features attractive hardwood floors and high ceilings, providing a pleasant and functional workspace. Ample storage is available, and a shared kitchen is included. Modern conveniences such as internet access and an electric car charging plug are available as extras. The property's Assessed Parcel Number (APN) is 24A 04 015 000. Please note that the square footage listed in the marketing materials refers to the subject unit only; the field card reflects the total building square footage. This presents a rare opportunity for a business seeking a well-located, versatile space in a desirable area. The property's unique features and convenient location make it an ideal investment for a variety of commercial uses. This is a single-suite building on a sizable lot, offering significant potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $940,000
- ML approach
- $955,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $700,000
- 6.5%
- $650,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $930,000
- AI Estimate
- $571,000
Market price range: $189k - $931kMarket price range: $127k - $572k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $570,000 Current use
- RETAIL STORES
- $685,000 Change: +20% Conversion: Easy
- OFFICE BUILDING
- $665,000 Change: +16% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Falmouth
- County
- Barnstable
- State
- Massachusetts
- Longitude
- -70.6356
- Latitude
- 41.6041
- CBSA code
- 12700
- CBSA name
- BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA