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 / Wellness Center
- Jackie Duffey Psychic Medium / Psychic
- ComMen Scents Candle Company/ West Falmouth Village Candles / Candle Store
Property Details for 628 Falmouth Hwy
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.66 lot acres
- Property size
- 3,020 SF
- Zone code
- B3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- FALM 24A S:04 P:015 L:000
- APU
- FALM24AS04P015L000
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 Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $940,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,120,000
- 7%
- $950,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $960,000
- Retail
- $880,000
- Mixed-Use
- $1,160,000
- Hospitality
- $1,120,000
- Educational
- $1,055,000
- Residential Income
- $1,055,000
- Energy
- $1,175,000
- Income-Based Land
- $965,000
- Food Service
- $840,000
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