Property profile

71 Water St Falmouth, MA 02543

OFF-MARKET
Turn key restaurants
Property ID
US38-1477874
1,884 SF 0.05 ac lot Built 1940
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 71 Water Street in Woods Hole, Massachusetts is a waterfront restaurant asset situated on a 0.048-acre lot. It provides 1,877 square feet of interior space, with an additional 517 square feet of outside seating, for a combined total of 2,374 square feet of dining space designed to accommodate approximately 88 patrons. The building is located in the B1 business zoning district and is connected to municipal water and sewer services. The site includes outside seating and has potential for redevelopment, subject to applicable zoning and permitting requirements.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction FRAME
Total area 1,884 SF
Lot 0.05 ac (2,069 SF)
Zoning code B1
APN FALM 49A S:01 P:001 L:000
UPID US38-1477874

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

71 Water St Falmouth, MA 02543-1025
Falmouth metro Census 14900 BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$661k
Blend (final) Blend
$870k

Owner & transaction history

since 2025
Last sale
$750,000
7 recorded transactions
2025
$987,700
2021
Price N/A
2020
$720,000
2013
Price N/A
2008
$750,000
2008
Price N/A
2005
$1

Zoning & alternative use

B1 · Falmouth, MA
Zoning description

elevision or radio antenna subject to MGL c. 409A, § 3 Facilities exceeding 50 feet above ground level SP-Z SP-Z SP-Z Wind energy system Subject to the requirements of § 240-9.9 SP-Z SP-Z N § 240-6.2 Business Districts (…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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