628 Falmouth HwyFalmouth, MA 02540

Property Details for 628 Falmouth Hwy

Year built

1900

Construction

FRAME

Lot size

0.66 AC

Property size (Sq ft)

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.

• CAP approach

  CAP return

  Valuation

  6%

  $558,305

  6.5%

  $515,359

  7%

  $478,547

• Comparable approach

  Method

  Valuation

  Relative Method

  $394,593

  Geo Method

  $394,593

• Alternative Use

  Use

  Valuation

  Residential

  $639,045

  Hospitality

  $585,361

  Educational

  $487,014

  Medical

  $503,763

  Retail

  $757,577

Location Insight

City

Falmouth

County

Barnstable

State

Massachusetts

Latitude

41.6041

Longitude

-70.6356

CBSA code

12700

CBSA name

BARNSTABLE TOWN, MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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