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The West Falmouth Square 410 W Falmouth Hwy

18,387 SF 100% Leased Retail Building Falmouth, MA 02540 $4,850,000 ($264/SF) 4.64% Cap Rate

Investment Highlights

  • Highly visible location situated right on a main road.
  • Long term established businesses and tenants have occupied the building(s).
  • Fully leased commercial spaces and income-generating apartments on site.
  • Plenty of parking for your business and clients or shoppers.
  • Benefit from high foot traffic, community support, and proximity to beaches, bike paths, and dining.
  • Business and mixed use zoning allowing for commercial and residential tenancy or development opportunity.

Executive Summary

Lucrative Investment Opportunity! The West Falmouth Square shopping complex is a mixed-use residential and commercial property rich in local heritage. With fully leased commercial spaces and income-generating apartments, it’s an ideal choice for savvy investors. Home to popular year-round spots like The Chapoquoit Grill, Up-Town Dog, Murphy’s Liquors, Image Makers Hair Salon, and the Post Office, this complex offers a strong income stream. The property features charming architecture and has been impeccably maintained, with recent updates including roofs, siding, gutters, and most windows and doors—all about 2 years old. Benefit from high foot traffic, community support, and proximity to beaches, bike paths, and dining. With excellent potential for future appreciation, this opportunity is not to be missed. Schedule your private viewing today!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
18,387 SF
Building Class
C
Year Built
1940
Price
$4,850,000
Price Per SF
$264
Cap Rate
4.64%
NOI
$225,160
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
1.49 AC
Zoning
BU - Business and mixed use

Amenities

  • Restaurant
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -

Since opening, “Chappy" has been known as a place to come for great food & drinks. Although some things have changed over time, many of the customers, staff & menu items have been here throughout the 30 years. West Falmouth is a unique little village that they’re so happy to be a part of.

  • Chapoquoit Grill- Flex space
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • -
  • Services
  • 99,999 SF
  • -
  • -

If you are looking for a beauty salon in Falmouth, MA, come to Image Makers. They are the best hair salon in the area, and can provide you with a variety of services. They are a full service facial spa, giving you the full experience you deserve for your face and hair. They pride ourselves on offering the best in hair care for the Falmouth, MA area. For a quality hairstyle that will make all of your friends jealous, they have the experts who can help. Their goal is to have you leaving their salon looking your very best.

  • Murphys Liquors
  • Retailer
  • 99,999 SF
  • -
  • -
  • Services
  • 99,999 SF
  • -
  • Jan 0000

The United States Postal Service has a storied history as the institution of their Government guaranteeing safe and secure communication among and between the Government and the American people. Many are familiar with their history, which began with the Second Continental Congress and Benjamin Franklin in 1775 and continued in 1787 when the Postal Clause of the U.S. Constitution empowered Congress to establish post offices and post roads. Congress exercised those powers with the passage of The Post Office Act of 1792, which made the Postal Service a permanent fixture of the Federal Government. The Act included provisions to facilitate freedom of the press, the privacy of personal correspondence, and expand the nation’s physical infrastructure, all vital to their nation’s growth and prosperity.

  • Uptown Dog Cape Cod
  • Retailer
  • 99,999 SF
  • -
  • -

Local pet supply store located in Falmouth, MA since 2019.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Accommodation and Food Services 99,999 SF - -
Chapoquoit Grill- Flex space Accommodation and Food Services 99,999 SF - -
Services 99,999 SF - -
Murphys Liquors Retailer 99,999 SF - -
Services 99,999 SF - Jan 0000
Uptown Dog Cape Cod Retailer 99,999 SF - -

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
998
10,638
30,201
42,552
2029 Population
1,010
10,900
31,433
43,925
2024-2029 Projected Population Growth
1.2%
2.5%
4.1%
3.2%
Median Age
55.4
56.3
57.2
56.3
College Degree + Higher
53%
55%
50%
25%
Daytime Employees
360
8,658
18,466
28,982
Total Businesses
66
1,070
2,151
3,031
Average Household Income
$140,424
$123,685
$121,174
$117,877
Median Household Income
$125,750
$91,489
$87,034
$84,769
Total Consumer Spending
$17.5M
$181.3M
$511.9M
$700.6M
2024 Households
429
4,919
14,033
19,486
Average Home Value
$616,667
$610,509
$623,876
$591,891

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FALM-000025-000002-000007
Land Assessment
$795,100
Improvements Assessment
$1,383,500
Total Assessment
$2,178,600
  • Listing ID: 33552567

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 410 W Falmouth Hwy, Falmouth, MA 02540

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